NIGERIA ONLINE How the online gambling industry has boomed 2 years ago Samuel Post Views: 275 Online gambling is becoming increasingly popular among many across the globe. More people are gambling either by wagering on big sports events or playing online casino games for fun. The increase in interest and players has led to a lot of competition in the market, and gambling sites are finding new ways to increase traffic. Why gamble? A central question to ask when talking about gambling, is why to do it? There is undoubtedly a risk when gambling, and winnings are not certain. However, it is a form of entertainment that excites many, and a new online casino can also offer fun and challenging games. Many view this as a great hobby, and a way to spend their free time. Also, it is always available, and anyone with a phone or computer and internet access can participate. The internet is always evolving, and new inventions are making it both easier, safer, and more desirable to gamble. Legislations and better marketing A big reason for the growth in the gambling industry is the legalization that is happening. More states and countries worldwide are making gambling such as betting and online casino games legal, and it is also happening in Africa. This has opened the gambling market to more nations, and the competition is high. Many new casinos are opening up, which has made good marketing and desirable bonuses a must. Sportsbooks and online casinos are prioritizing bigger marketing budgets in order to stay competitive in the huge online market. Technologies regarding safety, user-friendliness, and game development are also key in the online gambling market. Gambling in Nigeria Africa is by no means the biggest when it comes to gambling, and the continent only accounts for 1.1% of gambling worldwide. However, it is definitely growing, and more countries are legalizing gambling making it a highly approachable form of entertainment. Nigeria’s huge population of 200 million people makes it a country with huge potential for online gambling providers. In 2004, the ban on gambling was lifted by the government, and it certainly gave online gambling a boom. It is estimated that no less than 30% of the Nigerian population bets on sports every day, and a total of $2 billion is spent on sports betting each year. Among sports betting, European football is the most popular to watch and bet on, examples are the Spanish LaLiga and the British Premier League, some of the biggest events in football. Source: sundiatapost.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: igambling, Nigeria, sports bet Continue Reading Previous Wazdan unleashes an inferno in 9 Burning DragonsNext BetKing Cares: Company embarks on ‘Month of Good’ campaign More Stories ONLINE SOUTH AFRICA Top Betting Sites in South Africa Featuring the Aviator Crash Game 15 hours ago Szarlot GAMES ONLINE Pragmatic Play introduces a twist on picture bingo with Animingo 15 hours ago Samuel ONLINE SOUTH AFRICA Nolimit City launches in South Africa 2 days ago Samuel EXPERTS NIGERIA Bandits funding terrorism through crowdfunding, betting platforms 2 days ago Samuel ONLINE What Is Blockchain? 2 days ago Szarlot NIGERIA ONLINE Nigerian crypto fee hike invitation for crypto “big boys” 3 days ago Szarlot KENYA ONLINE iGaming’s Global Growth: From Africa to North America 3 days ago Szarlot KENYA ONLINE Kenya’s Blockchain Association Makes Plea for Detained Binance Executives 3 days ago Samuel HOT NEWS ONLINE SOUTH AFRICA South Africa’s online casino industry in 2024 4 days ago Samuel ONLINE SOUTH AFRICA Analysis Of Land-Casinos and Online Casinos in South Africa 4 days ago Szarlot BETTING NIGERIA Seun Kuti criticizes Nigerian elites over youths sleeping in betting shops 4 days ago Samuel ONLINE UGANDA How to Easily Find Your Favorite Game at Buffalo Slots 4 days ago Tools 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.