EXPERTS NIGERIA BtoBet launches “Nigeria Betting Focus” industry report 3 years ago Samuel Post Views: 492 Nigeria iGaming Focus report includes data on smartphone and internet penetration, device usage and local betting demographics. Sports betting has slowly emerged as an important industry in Nigeria, leveraging the population’s huge football culture, with some of the big leagues, such as the English Premier league, and the Spanish La Liga, having millions of fans in the country. Nigerians are passionate about their sports, especially football, and this has been translated into a keen interest in sports betting. The rise in sports betting has also been aided by improving technology, with many Nigerians now having access to mobile phones and affordable internet. In fact the ameliorating infrastructure has led Nigeria to become the second largest online gambling market in Africa, behind South Africa, with a Gross Gaming Revenue of $58 million in 2018, according to a report by top accounting and auditing firm, PwC. The report projects that the GGR will rise by 16% over a five-year period. The “Nigeria Betting Focus”, focuses on the future of the local industry, highlighting the market’s dynamics, consumer preferences, and technological improvements. Furthermore the report analyses smartphone and internet penetration, internet connection speeds, device usage, financial inclusion factors, betting demographics amongst other market elements. The Report also includes market insights from STM Gaming’s Alessandro Pizzolotto, BtoBet’s Certified Partner for Africa, regarding the importance for a localized betting solution, and the evolving payments gateways scenario in Africa. Source: yogonet.com About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: BtoBet, industry report, Nigeria Continue Reading Previous Uganda – Responsible gaming is not just a diktat of the governmentNext CBN probes betting houses, requests account statements of owners More Stories EXPERTS WORLD NEWS How has the gambling industry changed so far in 2023? The 7 biggest stories 3 hours ago Iwo Bulski EXPERTS UGANDA Everything You Need to Know About the Gambling Industry in Uganda 8 hours ago Szarlot BETTING NIGERIA The latest gaming trends in Nigeria 1 day ago Szarlot BETTING NIGERIA Oxlade becomes a 1xBet Ambassador 1 day ago Samuel EXPERTS The future of sports betting: AI-powered predictive analytics 1 day ago Samuel EXPERTS WORLD NEWS What does the UK’s involvement look like in African business today? 2 days ago Szarlot EXPERTS NIGERIA GamStop And Responsible Gambling in Nigeria 2 days ago Szarlot EXPERTS KENYA KRA gains more from gaming and betting collections 2 days ago Iwo Bulski EXPERTS KENYA Betting firms inflating sponsorships to avoid taxes 2 days ago Szarlot EXPERTS NIGERIA Is the Cryptocurrency Noise in Nigeria Gradually being Silenced? 3 days ago Samuel EXPERTS KENYA Kenyan Govt Invites Public Submissions in the Creation of National Lottery 3 days ago Szarlot EXPERTS KENYA Naira Marley advises Muslims to forget betting during Ramadan 4 days ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.