BETTING NIGERIA Interwetten enters Africa for the first time with Nigeria launch 3 years ago Iwo Bulski Post Views: 2,247 Interwetten has entered the African market for the first time, after receiving a license to offer sports betting in Nigeria. Regulatory body, the National Lottery Regulatory Commission (NLRC), awarded the operator a national license that allows it to offer sports betting and associated products in Nigeria, via interwetten.ng. The brand will offer sports betting, virtual sports and esports on both mobile and desktop, while streamlining its website to adapt to the Nigerian market. Market entry will be accompanied by marketing campaigns, including using a former Nigerian national football team player, while Interwetten aims to participate in local social projects. Interwetten Speaker of the Board (CEO) Dominik Beier said: “The market holds some challenges but also a variety of opportunities for us. The enthusiasm for sport and betting in this country is enormous. We can produce a product with the highest European standards and I am confident it will be well received. It is a real milestone in the successful history of Interwetten; we are proving once again to be a first mover in the industry.” In January, the operator announced its best-ever financial results, with 2019 revenue increasing 25% year-on-year to €99.5m ($111.8m), and betting stakes rising 30% to more than €2bn for the first time. Nigeria is an emerging sports betting market worth an estimated $2bn, with an estimated 84% of online traffic coming from mobile devices. Source: gamblinginsider.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: Interwetten, Nigeria Continue Reading Previous What is the most popular sport in Africa?Next What sports are practiced during coronavirus that you can bet on More Stories BETTING HOT NEWS SOUTH AFRICA Sports betting, turnover is growing but so are suspicious matches 1 day ago Iwo Bulski BETTING EXPERTS Is Long-Term Betting a Smart Investment Strategy? 2 days ago Szarlot BETTING KENYA MossBets Steps Up Virtual Gaming In Kenya 2 days ago Samuel BETTING NIGERIA Can Nigeria Return to the World Cup Finals in 2026? 2 days ago Samuel NIGERIA ONLINE The Legal Landscape for Nigerian Online Casinos 2 days ago Samuel NIGERIA ONLINE Three Most Popular Payment Methods For Online Casinos 3 days ago Samuel BETTING NIGERIA Nigerian players running rings in foreign leagues 4 days ago Samuel BETTING SOUTH AFRICA Analyzing the top 5 online sports betting platforms in South Africa 4 days ago Szarlot BETTING UGANDA Gambler accuses betting firm betPawa of refusing to pay his sh10m 4 days ago Szarlot BETTING NIGERIA PARIPESA Pays Out 500 Million Naira One-Night Win 5 days ago Samuel BETTING UGANDA Pastor closes church after winning over 100m from sports betting 5 days ago Szarlot BETTING NIGERIA BetKing Celebrates Nigeria’s New Para World Champion 1 week 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.