Cynthia Areh

The Africa Gaming Expo hosted experts and stakeholders worldwide to discuss the transformation of Africa's gaming market with AI. Challenges like high taxation, illegal gambling, and regulatory issues were hot topics. Suggestions and insights were shared on ensuring fair taxation, combating illegal gambling, and promoting regional cooperation among regulators for a thriving gaming industry. Governor Sanwo-Olu expressed hopes for a borderless digital industry in the near future.

Supreme Court nullified National Lottery Act, causing major changes in Nigerian gaming industry. FSGRN leads the shift, promising opportunities for operators. State regulators aim for a harmonized approach, but concerns about taxation, ROI, and regulatory framework linger. Uncertainty looms as industry players await clarity on new regulations. Nigeria's gaming future hangs in the balance.

The decision to scrap the Ministry of Sports Development in Nigeria has implications for the sports betting industry. Veteran Toyin Ibitoye believes the move is due to financial constraints and hopes for a grassroots-focused National Sports Commission. He emphasizes the importance of betting integrity and private sector involvement in advancing the sports sector. The merger could signal a transformative era for Nigeria's sports landscape, with potential for growth and development.

As 2024 ends, Nigerian sports betting faces a new tax regime set for 2025. Experts warn taxing players could drive them to illegal operators, while urging the government to focus on operators instead. The rushed regulation could create chaos in the gaming industry. Time for a re-evaluation.

Should gaming be part of financial literacy in Nigeria's schools? Explore the debate on its potential to teach risk management and responsibility versus concerns about addiction and youth vulnerability

1win enters Nigeria's sports gaming market, challenging industry norms with bold strategies and strong community-focused commitments. Amid regulatory shifts, 1win and the LSLGA are reshaping Nigeria's i-gaming landscape with innovative growth and responsible gaming.

Explore the rise of women in Nigeria's sports betting industry, with trailblazers like Olabimpe Akingba reshaping corporate cultures, championing responsible gaming, and driving diversity and innovation in i-gaming.

Industry experts, like Yahaya Maikori, believe innovation and diversification will help operators survive, but without government collaboration and tech adoption, smaller operators may fold under financial pressure.

Ken Egbas discusses the potential of sports betting to boost Nigeria's sports industry, emphasizing transparency, effective regulation, and innovative approaches. He highlights the launch of the Nigeria Sports Data Aggregator System (NiSDAS) as a step towards leveraging technology for better sports management.

Learn how AI is revolutionizing fraud detection, addressing challenges like match-fixing, underage betting, and illegal operations. Understand the role of regulatory bodies and the future of AI technology in ensuring betting integrity.