In its effort to control the Nigerian gaming business, the Lagos State Lotteries and Gaming Authority (LSLGA) has made a decisive move. The LSLGA has identified and listed several operators that do not have the required licenses or authorization to operate in Nigeria in a public notice. Operating without a license is against Section 33(3) of the Lagos State Lotteries and Gaming Authority Law 2021, according to the LSLGA.
Unlicensed Operators Under Scrutiny
There are many operators on the long list of unauthorized ones, including well-known names in the sector. Zebet, Betika, GoBet, Msport, 22Bet, and many additional operators have been suggested. Along with others, the LSLGA has warned MillionairePowerPlay, LottoMania, Firstbet, and Betfarm about operating illegally.
With its action, the LSLGA declares all of these operators to be unapproved and unlawful to provide gaming services in Nigeria. In addition, the LSLGA strongly advises players to stop playing with these unauthorized operators right now.
It has been made plain by the Lagos State Lotteries and Gaming Authority that it is dedicated to policing and advancing the gaming sector in Lagos. They want to make sure that all parties, including gamers, have their interests effectively safeguarded.
Although Nigeria is accessible to foreign operators in the gaming sector, strict rules are in place to uphold fairness and order. Businesses in Nigeria must get the proper licenses in order to operate lawfully. Nigeria issued a remote operator authorization for operators with offshore licenses last year, enabling them to provide online gambling services without having a physical presence there.
The several types of gambling covered by this remote operator permit include poker, bingo, slots, and casino games. It is especially advantageous for companies with existing licenses in other countries. The first payment for the five-year permit is $100,000, and there are further yearly costs of $50,000 for the next four years.
Owners of the remote operator licenses are also allowed to promote their services in Nigeria through affiliate marketing and print media.
The post Lagos State Gaming Authority Cracks Down on Unlicensed Operators appeared first on iGaming.org.