Nigeria Gaming Equipment Market: Trends, Growth and Opportunities

Nigeria’s Gambling Equipment & Technology Market Worth ₦25 Billion Annually

Nigeria’s gaming industry is experiencing rapid expansion, with imports of gaming equipment and technology reaching an estimated ₦25 billion per year. This growth is driven by the increasing popularity of lotto, sports betting, online gambling, and casino gaming.

Breakdown of Gaming Industry Expenditure

According to a representative from Grandlotto Yellow Terminal, a gaming equipment and business promotion operator, annual gaming industry spending is distributed as follows:

40% – Hardware & gaming equipment procurement
20% – Software licenses
40% – Support services & technology maintenance

Economic Impact of Gaming in Nigeria

As Nigeria faces economic challenges, more people are engaging in gambling activities, leading to a rise in participation across different gaming platforms. The industry now disburses over ₦25 billion in annual bonuses to winners, further fueling its growth.

Opportunities for Local IT & Tech Experts

With the rising demand for gaming technology, local IT professionals and tech entrepreneurs have a chance to innovate and develop new gambling software, security systems, and gaming hardware. Investing in this sector can significantly boost Nigeria’s economy and position the country as a leader in the African gaming market.

Africa’s Growing Gaming Equipment Market

Africa's gaming industry is on an upward trajectory, with mobile gaming dominating the market. According to GamesIndustry Africa, Africa’s gaming market reached $1.8 billion in 2024, experiencing a 12.4% year-over-year increase. Mobile gaming alone accounted for nearly 90% of the total revenue, highlighting the shift toward digital gaming experiences.

Moreover, Africa's gaming equipment segment is expected to generate $603.6 million in revenue in 2025, with an anticipated annual growth rate of 4.53% from 2025 to 2029, according to Statista. This surge presents massive opportunities for gaming equipment manufacturers, software developers, and investors in Nigeria and across Africa.

Final Thoughts

Nigeria’s gaming equipment market is booming, with growing technological investments, increased participation, and rising industry revenues. As local and international stakeholders recognize this potential, the gaming sector could become a key driver of economic growth in the coming years.