BETTING NIGERIA Interwetten enters Africa for the first time with Nigeria launch 2 years ago Iwo Bulski Post Views: 1,270 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 GHANA False Predictions by a Ghanaian Prophets Sports Betting Enthusiast were devastated 1 week ago Adeleye Awakan NIGERIA ONLINE Developing Countries Provide Huge Opportunities For Crypto 1 week ago Samuel BETTING KENYA TVBET goes live in Kenya and Nigeria via Sahara Games 1 week ago Iwo Bulski NIGERIA ONLINE Planned Nigerian e-naira discourages cryptocurrency investors 2 weeks ago Szarlot BETTING WORLD NEWS How Italian bookies survived the tough year 2 weeks ago Samuel NIGERIA ONLINE Nigeria’s SEC eyes regulations to protect investors’ crypto investments 2 weeks ago Iwo Bulski BETTING NIGERIA Manual for sports betting top betting sites in Nigeria 2 weeks ago Iwo Bulski BETTING KENYA Kapsabet-based contractor wins Sh1m Betsafe jackpot 2 weeks ago Szarlot BETTING WORLD NEWS GiG signs partnership agreement with Betway for marketing compliance 2 weeks ago Iwo Bulski BETTING SOUTH AFRICA Evolution goes live in South Africa with SunBet 2 weeks ago Samuel BETTING KENYA Paul Midega Killed Self After Losing Sh80,000 Bet 2 weeks ago Szarlot LOTTERIES NIGERIA National Lottery Act 2005 inconsistent with Nigeria’s constitution 3 weeks ago Szarlot 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. This site uses Akismet to reduce spam. Learn how your comment data is processed.