Nigeria is popularly recognized as the biggest economy of Africa and the 8th largest exporter as well as the 12th largest producer of petroleum in the world. It is the largest country on the continent and attracts several tourists throughout the year. It is also famous for its long-time attraction to gambling.
The country has 3 land-based casinos situated in Lagos and Abuja respectively. Each of these casinos offers slot machines and table games. If gamblers want to play online, the online casino industry is rapidly making inroads in Nigeria. These websites provide different types of online slots and give users a chance to try their luck.
The gambling market of Nigeria recently showed a significant growth with authorities moving towards licensing online casinos.
Popularity
Online casinos are extremely popular in Nigeria. These casinos offered lottery games to local players ever since the authorities started to regulate the industry. The popularity of the games can be witnessed across the nation. Royal Vegas Casino, for instance, dates back to the year 2000. The game has undergone various updates to stay on the top and maintains its position of being a premier gaming website. The site can be accessed in different languages and is quite a favourite amongst Nigerian gamblers. You can read more about Royal Vegas here and then immediately start gambling on the website.
Legality
Gambling is not regulated well in Nigeria. There are several reasons attributing to this. The National Lottery Regulatory Commission clearly defined what is legal and what is illegal in the spectrum of gambling with the enactment of Chapter 22 of the Criminal Code Act in 1990. Any operator or player bending the law is susceptible to significant fines.
To begin with, the Gambling Law allowed for betting businesses and racing totes. Recently, video poker, slot machines, and table games have also been granted permissions. The essence of the law was to legalize land-based casinos as online casinos just comprised a fraction of the gambling industry.
Furthermore, the law divides the games into two categories – legal and illegal. Lottery, sports betting, and land-based casinos are legal. The illegal games include unskilled card games, dice games, and games roulette. The law regulates activities in slot machines allowing only licensed operators to offer the game. Banks also banned the use of ATM cards for transactions on betting, pornographic, and dating sites.
Online Gambling
Much has not been said about gambling online in Nigerian laws. There isn’t any strict restriction when it comes to accessing local or international gambling websites. While the law does not cover the online space, there are certain regulations that the companies must oblige with. Online casinos must not encourage the play of any illegal games. The legal age for gambling must also be defined as 18 years and above.
Future
The land-based casinos of Nigeria continue to attract several tourists and local gamblers, however, with the focus of the government shifting to online casinos, the popularity is expected to grow tremendously. The attention of large crowds will be drawn as operators are capable of providing a wide range of mobile-friendly games.
The post An Insight into Online Casinos in Nigeria appeared first on LATEST NIGERIAN NEWS BREAKING HEADLINES NEWSPAPERS.
from LATEST NIGERIAN NEWS BREAKING HEADLINES NEWSPAPERS https://ift.tt/2SHpEJt
via IFTTT
I will be interested in more similar topics. i see you got really very useful topics , i will be always checking your blog thanks asianslot88
ReplyThe blog and data is excellent and informative as well Kubet77
Replyเว็บคาสิโนออนไลน์ bk8 หรือ bk88 มี ทางเข้า bk8 มากมาย มั่นใจได้ว่าลิงก์ไม่ถูกปิดกั้น สามารถเข้าเล่นได้แน่นอน รองรับทุกระบบ ทั้ง android และ ios bk8
ReplyThis post is very simple to read and appreciate without leaving any details out. Great work! situs togel terlengkap
Reply