Nigerian Regulator Announces New Lottery Monitoring Methods

Gambling News and Lucky Stories

It became known that the National Lottery Regulatory Commission in Nigeria is preparing its employees for innovations and changes in the work of the body. Expecting not only to improve the current format, but also to make the income from legal gambling one of the main sources of profit for the state. According to the head of the commission, Mr. Lanre Gbajabiamil, the new monitoring method is a very promising and financially beneficial solution. Government officials expect that in a few years the level of profit from this area in Nigeria will reach the levels of countries such as the United States of America, Spain and Britain. One of the points of the new project is to change the amount of taxation for gambling operators to ten percent. Also, the requirements for the amount of capital of those wishing to obtain a gambling license will be clearly established and spelled out. Only those companies that have Nigerian registration will be able to receive. The situation with gambling is changing for the better and is successfully developing in West Africa, as My Lucky Story previously reported, a significant partnership agreement was signed between Pronet Gaming, a provider of online gambling hosts, and Winnerbet, the leading bookmaker in Cameroon. Meanwhile, in Kenya, the court sided with the bookmaker SportPesa in a dispute with the republic’s tax service.

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