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Nigeria’s Gambling Growth Insider

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Without a doubt, when you hear about Nigeria, gambling is not the first thing that comes to your mind. Nevertheless, it appears that the country’s gambling industry is growing rapidly and it is estimated that in the next five years, Nigeria will become one of the fastest-growing African countries in terms of gambling.

 

Apparently, in Nigeria you can indulge on all kinds of betting, from the upcoming national lottery, through sports betting, to casino gambling, where you can play table games or you can choose between classic, video and progressive slots machines.

 

The multinational professional services firm PricewaterhouseCoopers (PwC) recently published a report titled “Gambling Outlook 2013-2017” and it did not focus on Nigeria exclusively, but also analyzed gambling data from South Africa and Kenya. The report features data from various gambling options in South Africa –  LMPs, sports betting, bingo, as well as the national lottery are taken into. Still, for Kenya and Nigeria, the report reveals statistics from casino gambling only.

 

As stated by PwC, Nigeria’s gross gambling revenues will increase by 16 per cent in the course of the next five years. What is more, Nigeria is to launch a nationwide lottery titled Quick Lotto, and former chairman of the Senate Committee on Capital Market Ayo Arise believes that the launch will generate employment and tax revenues.

 

Arise has collected data from various countries which have a national lottery and believes that for most countries the lottery is but a means to make the community more prosperous. In this respect, he states that Nigeria does not intend to behave differently. Arise  has stated that 20 percent of the profits from the lottery are distributed to the Federal Government which uses the money for good causes, “for the advancement and progress of this nation,” says Arise.

 

Fortunately, as we already said, Nigeria has other betting options and people do not need to wait for the lottery to launch in order to gamble. In fact, one of the most popular means of gambling here is sports betting.

 

Many betting companies have benefited from the football enthusiasm all across the continent, designing and deploying betting platforms every day. Fans can stake small bets and win big amounts of money, and this strategy makes sports bets incredibly popular among locals, both young and old.

 

As a matter of fact sports betting has become popular during the last decade. According to a KPMG report on Gambling in Africa, about 60 million Nigerians adults (18-40 years old) are into active sports betting. The common player would spend about 3,000 Naira (nearly $15) on sports betting. Proportionately, nearly 2 billion Naira is laid out on sports betting in Nigeria every day, which turns into nearly 730 billion Naira for a year. No wonder why betting shops can be spotted on almost every corner in Lagos and each day, new betting places set up shop.

 

The strategy of betting a small amount of money with the chance to score something big seems to be increasingly popular among young people. A poll revealed that Nigerians bet on football games every day not only because it is a way to make quick money, but also because it distracts people from high unemployment rates.

 

According to 2016 data, youth unemployment rates in Nigeria increased from 25 percent in the third quarter of the year to 25.20 percent in the fourth quarter of 2016. By comparison, the numbers averaged 19.20 percent between 2014 and 2016.

 

Nigeria has a good casino gambling business, too. What is more, the casino industry is expected to grow and turn into one of the continent’s largest casino industries in the following years. The bad thing about casino gambling in Nigeria is the fact that the system is largely unregulated and there are not enough licensed gambling venues.

 

The two gambling cities in Nigeria, i.e, the cities with a legal gambling facilities are Abuja and Lagos. Lagos is the largest gambling city in the country and it has 1 gambling facility, 10 table games, as well as 106 games, slots, and even video poker machines. However, games such as roulettes and coin flipping are prohibited in Nigeria.

 

Despite the fact that the physical casinos in Nigeria are but three, the on-line casino industry has shown rapid growth, ever since the first on-line casino was licensed in the country in 2013. Actually, gambling was banned across the country until 2004, but then the first officially sanctioned on-line lottery was launched (incidentally, that is also the time when the country’s casinos opened, too).

 

The year 2013 saw the establishment of the country’s first on-line casino. Initially, the casino featured only Roulette games. The market rapidly expanded and now Nigerians can access a wide range of international and sports casinos operators. Nevertheless, the country is still very strict on the topic and allows citizens to visit approved sites only.

 

Experts expect the on-line gambling industry in South Africa, Kenya and Nigeria to reach $37 billion this year and this has made the government to realise that the potential tax revenues from such an expansive business require proper regulation and should not be turned a blind eye on.

 

Nigerian authorities think that the strong regulation of the market will actually attract more people to on-line gambling sites and it will even help reduce corruption and criminal behaviour among the population.

 

Government has been trying to set new regulating laws and make gambling profitable for the country as early as 2014, but with little success. New licensing systems are needed, according to Lagos State Lottery Board, and FIFA’s Early Warning System believes that both operators and the government can benefit from one another, all they need to do is work hand in hand.

 

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The Best Card Games to Play as a Couple

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If you want to spice up your next date night? Take it to the next level with a board, dice, or DIY game the next time you’re planning a romantic night in with your special person. After all, couples that play together stay together!

We’ve compiled a list of our top couple games to play with your buddy to give you some ideas. It’s game time!

Paris: La Cité de la Lumière

You can’t go wrong with Paris: La Cité de la Lumière if you’re looking for a lovely two-player game for your next date night. This board australianonlinecasinositesgame, which has a beautiful style, is as enticing as it is exciting, and you and your friend will have a blast trying to conquer it.

This is a game of two halves-set in 19th-century Paris during the World’s Fair. You must build the city’s streets with a series of strangely designed creations in the first half of the campaign. The goal in the second half of the game is to light up the city by placing more of your buildings near the streetlights than your opponent.

Tiny Towns

You get your own 4×4 grid to build your town on in Tiny Cities. You can get a certain amount of victory points for each building you construct, with the intention of outsourcing your opponent. Start building with the tools available on the board, such as cards and pieces. When there are no further tools to get, the game ends.

I Should Have Known That

It’s time to put your trivia skills to the test! I should have known better. This is a simpleonline casinos for real money game for couples or larger audiences to enjoy. This is a date night game that will bring out your competitive edge, with a multitude of infuriating questions that you should know the answers to. Instead of receiving points for each correct answer, you will be penalized if you get one incorrect.

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Should I Claim Casino Bonuses?

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Online casinos and their land based casino counterparts have a series of bonuses and promotions that are meant to wow their patrons. But with all these bonuses come a series of doubts form the players, this is because they will not be sure if they should claim the casino bonuses or not. That is why below we have a few items that you need to check for before you attempt to claim the casino bonuses.

Before Claiming The Casino Bonus

1.      Read The Wagering Requirements

The first thing that you need to do id to make sure that you check the casino wagering requirements. These will help you to know how much the overall online slots bonus is at the end of the day.

2.      Check the Period

The next thing that you need to check for is the timeframe or the period. This is the amount of time that you need before the bonus expires.

3.      The Casino License

Then you will have check for the leroi johnny casino enlignelicense a swell. Well, that should have been the first thing that you have to check for even before you pick a casino. Players have to careful about the sites where they choose to play. There ae some casinos that will wave fancy promotions only to steal from players.

4.      The Banking Methods

In the bonus terms and conditions, make sure that you take note of the banking methods as well. There are some casinos that will have bonuses that can only be claimed with specific banking methods. As a result, you just have to be careful.

5.      Mind The Games

Casino bonuses can be claimed with specific games and players have to careful about them. Some players might not like to play online casino table games and these might just be the game sthat are needed for the bonus to pull through.

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Free PC Hidden Object Games

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Over the past year, we have seen a lot of people moving to online gaming for fun. In fact, because of that, the casinos françaisindustry has actually boomed. Not only that, but there has been a surge in the number of people that are playing video games.

One genre that has received a lot of fans is the hidden object/mystery genre. Luckily, there are a number of hidden object games that you will be able to find on console, PC, or mobile. In this post, we are particularly focusing on the free PC hidden object games that you can play. Some of these games are downloadable, while you have to play others online.

Gardenscapes

This is a very simple matching game. All you have to do is match 3 or more symbols in order to pass levels. As you pass levels, you will be awarded a lot of prizes, which you will be able to use in order to rebuild a garden back to its former glory. The game has some challenging levels, which makes it very interesting.

Gardenscapes 2

Again, in this version of thebest australia casinos game, you get to play with the help of Austin the butler. The only difference is that this time around, you will restore the hall into its former glory. The challenges in this game are interesting enough to keep you hooked.

The Silent Age

We really think that this is one of the most entertaining hidden object games out there. This is witnessed by the over 7 million mobile downloads of the games. we love the fact that the PC version of the game has been revamped and updated, offering better gameplay.

It also comes with a very good storyline that will keep you entertained as you pass through the various levels. You will also be able to find other puzzles that are guaranteed to keep you entertained all day long.

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