NIGERIA
While many players still prefer to play in shops and kiosks locally, Nigerian owned and licensed online sports betting sites are also popular. In Nigeria those companies offering sports betting are known as Sports Lotteries Operators (SLO’s) and a number of operators offer relatively modern sports betting facilities. Land based sports betting operators may also apply for additional licences outside the state in which they currently operate.
The government is currently looking at imposing a withholding tax on betting and increasing VAT following increased scrutiny over the industry. Nigeria’s Senate Committee on Youth and Sports organised a verification exercise on all licences earlier this year. Local media reported that around 20 operators have been verified thus far.
questions over exactly how much tax sports betting operators are and should be paying moving forwards.
WEST AFRICA
West Africa is one of the most stable parts of the continent. Nigeria is Africa’s most populous democracy, while Ghana, Senegal and Benin have had relatively reliable electoral democracies for many years. Elections in 2017 ushered in a new president in Gambia, ending decades of repression under Yahya Jammeh, the leader of Gambia from 1994 to 2017, firstly as chairman of the Armed Forces Provisional Ruling Council (AFPRC) and then as President of the Gambia from 1996 in 2018.
Liberia also experienced an important milestone in 2017 seeing the first peaceful transfer of power from one elected leader to another since 1944. However, in Nigeria the divide between northern Muslims and southern Christians has often led to
violence. At least 20 thousand people have died over the past few years in attacks led by the Islamic State-aligned Boko Haram - an insurgency in the northeast.
NIGERIA
In Nigeria, the National Lottery Regulatory Commission (NLRC) regulates, oversees and licences all types of gaming. Te NLRC was set up in 2007. Te Commission was primarily born out of the need to regulate the operations of gaming, promote transparency and accountability, as well as protect the interests of players, stockholders and the general public. However, there is no specific law in place as to how sports betting shops should be taxed on a national level meaning that sports betting shops are licensed by local governments, the central government and, in some cases, both. Tere have been
While many players still prefer to play in shops and kiosks locally, Nigerian owned and licensed online sports betting sites are also popular. In Nigeria those companies offering sports betting are known as Sports Lotteries Operators (SLO’s) and a number of operators offer relatively modern sports betting facilities. Land based sports betting operators may also apply for additional licences outside the state in which they currently operate.
Te government is currently looking at imposing a withholding tax on betting and increasing VAT following increased scrutiny over the industry. Nigeria’s Senate Committee on Youth and Sports organised a verification exercise on all licences earlier this year. Local media reported that around 20 operators have been verified thus far.
GHANA
Te sports betting industry is one of the most rapidly developing industries in Ghana where both land-based and interactive gambling are legal and regulated by the Gaming Commission of Ghana. Ghana’s sports gambling laws rules are currently being updated. Much of the current focus is on the online sector. Te
rapid increase of many land- based betting companies, namely Supabet, Mybet and Premier Bet, means that sports betting in Ghana already has a strong presence. Mybet Ghana already has 140 betting shops and has been present since 1998.
In February, Gaming Commissioner Peter Mireku announced that the commission was seeking to introduce tighter regulations over the online industry. At the same meeting, Mireku announced that it would sanction all operators in the gaming industry who failed to comply with the Gaming Act, including sports betting operators.
GAMBIA
In March 2015, the Gambian government banned sports betting through legislation which complelled sports betting shops to cease their operations with immediate effect. Former President Yahya Jammeh, who came to power in a coup in 1994, said that sports betting and other forms of gambling had "mushroomed", meaning that a large number of sports betting shops had to close. he current government under President Adam Barrow has reversed the law in an effort to create jobs and provide a boost to the economy.
Te reversal, which was made via executive decree, is part of a much larger plan to modernise the
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