Gambling in Nigeria – Laws, Online Betting & Rules

3/18/2021 7:55:45 AM

Gambling in Nigeria: Laws, Online Betting, and Regulations

 

Gambling in Nigeria's Overview

 

Gambling in Nigeria is partially regulated, with both legal and illegal gambling activities. While licensed land-based casinos and sportsbooks operate, many unregulated gambling platforms still exist. The  Federal Palace Hotel in Lagos is the largest legal casino.

 

Gambling Laws in Nigeria

Gambling is regulated by the  National Lottery Regulatory Commission, established under the  National Lottery Act of 2005 and  Chapter 22 of the Criminal Code Act (1990).
 

Legal Gambling:  ❌  Illegal Gambling:
Lottery Unlicensed casinos
Land-based casinos Unregulated gambling operations
Sports betting  
Licensed slot machines  

 

 

 

 

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Anti-Money Laundering Laws:

The  Money Laundering (Prohibition) Act, 2011  enforces strict financial oversight to prevent fraud.

 

Online Gambling in Nigeria

Online gambling is regulated by the Nigerian Lottery Commission, requiring bookmakers to obtain a gaming license before operating.

 

Key Points About Online Gambling in Nigeria:

  • No legal restrictions on access to local or international gambling sites
  • Online casinos must follow the same rules as land-based casinos
  • All types of online games are allowed except those specifically prohibited

 

Online Gambling Companies in Nigeria

Nigeria has one of Africa's largest gambling markets, driven by a growing internet user base and a high demand for online betting. Many local and international gambling companies operate in the country.

 

Gambling Age Restriction

The minimum legal gambling age in Nigeria is 18 years. Anyone below this age  cannot legally gamble.

 

Payment Gateways for Online Gambling

There are no restrictions on deposits or withdrawals for gambling in Nigeria. Players can fund their accounts using:

  • Bank cards (Visa, Mastercard)
  • E-wallets (Skrill, Neteller, PayPal)
  • USSD services for mobile payments

Betting limits vary by individual bookmakers.

 

Conclusion

Gambling in Nigeria continues to grow, with both land-based and online betting thriving.  While legal frameworks exist, illegal gambling remains a challenge.  Always choose licensed gambling platforms for a safe and secure betting experience.