EXPERTS NIGERIA FG Moves To Weed Out Some Sports Betting Companies In Nigeria 1 month ago Szarlot Post Views: 80 The Federal Government through the National Lottery Regulatory Commission (NLRC) has vowed to weed out some Sports betting companies in the country. The frantic decision was taken following the discovery of some sports betting companies operating in Lagos State with forged permits, Naija News understands. NLRC Director-General, Lanre Gbajabiamila, in a statement handed down on Monday through the commission’s spokesperson, Magnus Ekechukwu, said some officials of the defaulting companies have been arrested and would be made a scapegoat to their likes still ghosting around. Gbajabiamila said that the Commission will deploy every available legal instrument to weed out all criminal elements operating within the Nigerian gaming industry. The Federal Government through the National Lottery Regulatory Commission (NLRC) has vowed to weed out some Sports betting companies in the country. The frantic decision was taken following the discovery of some sports betting companies operating in Lagos State with forged permits, Naija News understands. He reiterated that the arrested criminals are being prosecuted to serve as a deterrent to others who could be nursing similar ideas. The NLRC DG found it strange and disturbing that in the present dispensation people could want to defraud the federal government believing they would not be arrested. Gbajabiamila said: “Let all criminals steer clear of the lottery industry because I can assure them, they would be arrested and prosecuted. The criminals already arrested will serve as an example to other criminal elements to defraud the government. We will neither allow nor tolerate such criminality in our industry,” He further stated that the Commission stands for integrity, transparency and accountability which are the hallmarks of the gaming business in Nigeria. The DG stressed that any operator who fails to heed these core values runs the risk of violating the rules and guidelines of the Commission; a situation that attracts stringent consequences. He called on staff of the Commission, licensed operators, as well as the general public to be more vigilant in the quest to fish out illegal operators who are out there to thwart the good effort of the Commission in building a robust Nigerian gaming industry, while also encouraging the licensed operators to always play by the rules. SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: Gbajabiamila, National Lottery Regulatory Commission, Nigeria Continue Reading Previous IlotNG: Nigeria’s most convenient and reliable sport betting in NigeriaNext Regulator now orders audit on betting firms’ sponsorship deals More Stories BETTING NIGERIA The Future of Sports Betting in Nigeria 1 day ago Samuel EXPERTS WORLD NEWS TVBET is going to attend iGB Live 2022 2 days ago Iwo Bulski EXPERTS SOUTH AFRICA Future of online gambling industry in the African market 3 days ago Szarlot CASINO EXPERTS The best tips for beginner roulette players. 4 days ago Samuel EXPERTS TANZANIA Only 2 weeks for SBEA+ in Tanzania 4 days ago Iwo Bulski EXPERTS NIGERIA Nigeria’s NLRC takes action on fake sports betting permits 5 days ago Samuel BETTING NIGERIA Nigerian legend Nwankwo Kanu becomes ambassador for sports betting company 5 days ago Iwo Bulski EXPERTS UGANDA SCCG and Uganda’s Genius Gaming Consult sign Africa 1 week ago Iwo Bulski NIGERIA ONLINE Towards robust cyber security for Nigeria 1 week ago Samuel BETTING NIGERIA Ilot NG: sports betting and the economic impact 1 week ago Iwo Bulski EXPERTS TANZANIA Eventus to Welcome Gaming Leaders in Tanzania – Three Weeks Until SBEA+ 2 weeks ago Iwo Bulski EXPERTS SOUTH AFRICA How Popular Is Cryptocurrency In Africa? 2 weeks 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.