Nigeria Market Report
are only a very small number of casinos. In 1965, Nigeria passed the Casino Taxation Act into law. It was the first major attempt at gambling legislation since the country became a republic. Casino licenses are granted by different state regulators as a result an application must be made to the gambling regulatory authority in the jurisdiction or state in which the operator wishes to conduct its operations.
CASINOS IN NIGERIA u
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Te Federal Palace Hotel and Casino in Lagos has more than 100 slot machines and five gaming tables
Te Transcorp Hilton Casino in Abuja has ten slot machines and five gaming tables
In addition there are three Jacaranda Casinos: u
Te Jacaranda Casino located in Victoria Island, Lagos. Victoria Island is the main business and financial centre of Lagos State
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Te Jacaranda Casino – located in the Sheraton Lagos Hotel Ikeja
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Jacaranda Casino – located in the Abuja Sheraton Hotel Tere is no information available regarding the number of
slots at these three locations. However they also offer table gaming and bingo as well as online casino games and sports betting.
SPORTS BETTING AND ONLINE OPERATORS Driven mainly by the popularity of the Premier League, LaLiga, German Bundesliga, and French football leagues sports betting is by far the most popular form of gambling. Tere are around 60 - 70 land-based sports betting operators. Many land-based operators offer their services online as well. Founded in 2011, Surebet247 (
www.surebet247.com) trades under the name ChessPlus International Limited and is an online (casino online, lotto and virtual football site) and retail sports betting company with operations in Nigeria, Republic of Benin and Ghana. SureBet247 came at a time when existing operators like NairaBet and 1960Bet were predominantly online platforms. Recognising this gap in retail marketing, the company focused on the retail side of sports betting. It is licensed and regulated through the NLRC. It operates around 1,500 sports betting shops in Nigeria.
NairaBET.com was Nigeria's first sports betting company. It
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