BETTING NIGERIA Interwetten enters Africa for the first time with Nigeria launch 2 years ago Iwo Bulski Post Views: 1,720 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 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 NIGERIA BetKing Cares: Company embarks on ‘Month of Good’ campaign 3 days ago Szarlot NIGERIA ONLINE How the online gambling industry has boomed 3 days ago Samuel BETTING NIGERIA There is a glaring need for regulation in Africa’s online betting industry 4 days ago Samuel HOT NEWS NIGERIA Nigeria- NLRC Summon Msports over Unpaid Players Winnings 4 days ago Adeleye Awakan EXPERTS NIGERIA FG Moves To Weed Out Some Sports Betting Companies In Nigeria 5 days ago Szarlot BETTING KENYA Gamblers win Sh380bn through SportPesa bets 5 days ago Szarlot BETTING KENYA Low-income people finance Kenyan bookmaking companies 5 days ago Samuel BETTING NIGERIA IlotNG: Nigeria’s most convenient and reliable sport betting in Nigeria 6 days ago Samuel EXPERTS NIGERIA 5 types of people you only see in betting shops 6 days ago Szarlot BETTING NIGERIA Gobet247: New Betting Platform Launches In Nigeria 1 week ago Samuel BETTING KENYA The boom in online sportsbetting in Africa 1 week ago Szarlot EXPERTS NIGERIA The new Nigerian law requires casinos to tighten AML controls 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.