Author: Daniel

The Domestic Tax Revenue Division (DTRD), a subsidiary of the Ghana Revenue Authority (GRA), has generated GH¢15 million from the latest tax rate placed on sports betting. Edward Gyambra, Commissioner of the DTRD, said in an official statement that the authority body generated an average of GH¢15 million per month in the current football season. The authority body, therefore, aims to accrue a total of GH¢60 million before the season ends. “We have two streams of taxes: the gross revenue tax and the withholding tax. During the first month of implementation, we averaged GH¢20 million for the GGR. As for…

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The Federal Government of Nigeria (FGN) consents to the National Lottery Regulatory Commission (NLRC) to host an international gaming conference to develop the nation’s business and financial sector. The FGN made it known that the approval was made for the growth of the nation’s economy and to serve as a point of attraction to foreign investors. The Director-General of the NLRC, Lanre Gbajabiamila, revealed that the Board intends to connect the Nigerian gaming industry leaders. Also, global titans in the gaming industry will be met to enhance the lottery sector, increase annual revenue, and improve national youth employment. “The Lottery…

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The Kenyan gaming and lottery industry faces dramatic shifts as the Cabinet issues two new bills. The Cabinet approved the Gambling Control and National Lottery Bill of 2023. Punters are now mandated to save with bets to deter reckless and irresponsible gaming and transform the industry. “In addressing the growing vice of irresponsible gambling and betting (gambling culture), and the socio-economic challenges that result from the menace, the nation’s top policy organ considered and approved the Gambling Policy, 2023; the Gambling Control Bill, 2023; and the National Lottery Bill, 2023” – Kenyan Cabinet official statement. These parliamentary initiatives are currently…

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GlobalBet is again the African favorite as it wins the highly coveted Sportsbetting and Virtual Solution Award—the “Oscar” of the African Sportsbetting industry—in this year’s Sports Betting West Africa Plus (SBWA+). The SBWA+ is a premier gathering of the brightest minds and trailblazers in the African sports betting ecosystem. The three-day summit for this year, 2023, occurred in Lagos, Nigeria, where day 2—the award-presenting day of the event—marked another milestone for GlobalBet. The award confers more honor to the leading sports betting and virtual solution provider. It also demonstrates the reward for its superior work standard, creativity, and dedication to…

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Overview of Day 2 https://youtu.be/1beqHcTO5L4?si=kmD5xnNJvZfAbxP5 Day two of SBWA 2023 8th edition, 24 August 2023, recorded a mesmerising experience as stakeholders in the iGaming ecosystem convened again at the Federal Palace Hotels and Casinos to celebrate innovation, excellence, and leadership. The award-winning event hosted notable speakers who shared their experiences and achievements in the industry so far. The iGaming industry leaders revealed their expertise and innovation, and honour awards were presented to outstanding industry experts. Among the speakers at the event are: Adefisoye Stephen, Head of Customer Experience, Sportech Media Entertainment; Adesoji Babatunde, Head of Training/Retail, Starbet; Adewunmi Adeniji, Sales…

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Overview of Day One https://youtu.be/zl-x6MthCJ4?si=u6FLlgGGexOAgxGd On 23rd May 2023, the day one of the 8th edition of Sports Betting West Africa, SBWA, a yearly iGaming conference, witnessed a blast as Lagos hosted the gathering of prominent iGaming industry pioneers, leaders, experts, and enthusiasts from across the globe. The first day of the exciting three-day SBWA aims to unite the community for networking. The iGaming community—operators, regulators, investors, punters, and other stakeholders—convened at Federal Palace Hotels and Casinos, Lagos, Nigeria, to exchange ideas, collaborate, and connect with potential investors. Present at the conference are industry experts like Daniel Bernard, Founder of…

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Unauthorised gaming operators in Lagos state have received a severe warning from the Lagos State Lotteries and Gaming Authority (LSLGA), which has pledged to take swift legal action against offenders. LSLGA revealed in a press statement that many betting sites have been operating in the state without yet obtaining approval from the regulatory body. The betting sites implicated are: “22BET, AFRIBET, BANGBET, BESTBET360, BETFARM, BETIKA, BETWAZOBIA, BETXPERIENCE, BLACKBELT/BETTYBINGO, CHOPBARH, CLOUDBET, ELLIEST LOTTO, FIRSTBET, GAMESPAY, GIVERAFFLE, GOBET, HALLABET, HAMABET KONFAMBET, KORETBET, LIVESCOREBET, LOTTOMANIA, MEGABET, MILLIONAIREPOWERPLAY, MSPORT, N1BET, NAIJABET, NAIRAMILLION, NAIRAPOWERBET, NETBET, NGAWIN, ODDSPEDIA, PARIPESA, PEELSLOTTO, PLENTYMILLIONS, RIDERLOTTO, SCRATCH2WIN, SETLOTTO, SPORTBET.IO, WAKABET,…

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A 40-year-old businessman from Eastleigh, Nairobi, Kenya, has won a SportPesa Bonus of over 2 million Kenyan Shilling after 15 accurate game predictions in the SportPesa Mega Jackpot. Samson Kariuki placed the winning bet on the 22nd of September, which was to him like every ordinary day. He didn’t realise he had just taken a step that would be a turning point in his financial life. The lucky man couldn’t hold his excitement when he received a text message the following week on a Monday morning, informing him of his win. He was only a hair’s breadth away from winning…

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The gaming and entertainment giant Betway has yet again revealed another cutting-edge gaming experience center in Ojodu-Berger, Lagos, Nigeria. Its first launch was in Ikorodu city in the same state. The grand opening event was memorable for the prominent figures from the media who came to honor the event, as it was exhilarating in every way. Influential customers and cheerful community members came in massive numbers and diverse cultures to celebrate the occasion. The new gaming experience center aims to provide an unmatched blend of gaming experiences, such as unparalleled entertainment and satisfaction in a grand style and a conducive…

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Zambian Gaming Association (ZGA) has voiced displeasure about rampant tax evasion among Slot Machine Operators nationwide. Noah Malungila, ZGA’s chairman, expressed concern that the tax revenue generated does not tally with the number of Slot Machines operating across the country. This inconsistency has caused a vast reduction in anticipated revenue for the government. The association’s chairman made it known that tax evasion is an act perpetrated by unlicensed and, thereby, unauthorised personalities who have infiltrated the industry. Malungila promised to collaborate with the Zambia Revenue Authority (ZRA) and other local authorities to tackle the issue—ensuring compliance of every individual in…

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