HOT NEWS NIGERIA Nigeria- NLRC Summon Msports over Unpaid Players Winnings 1 month ago Adeleye Awakan Post Views: 123 The National Lottery Regulatory Commission (NLRC) has summoned one of the betting companies, MSports, over issues about non-payment of winnings. The company representatives were invited to a meeting yesterday by the Director-General of NLRC, Lanre Gbajabiamila, to resolve the problems. Gbajabiamila, while speaking during the meeting, explained that there had been lots of complaints by players who stake bet on Msports. He added that many people complained of not being paid their winnings, which went viral on Twitter. Gbajabiamila explained further that he summoned the management of the betting company to answer the allegations. While speaking after the meeting, the DG said: “The Commission just ended a meeting with representative of MSports, Mrs. Fumilola Akingbelu, where all issues pertaining to non-payment of winnings were resolved.” “MSports will pay all winnings as soon as possible and unblock all blocked accounts within a short time.” “There have been many complaints by those who stake bet on Msports, complains of not being paid their winnings, which went viral on Twitter, so the DG summoned the management of the betting company to answer that allegation.” In her response, the company representative, Mrs Fumilola Akingbelu, explained that They had resolved all issues about the non-payment of winnings during the meeting. She pledged that MSports would pay all winnings as soon as possible. Akinpelu, who spoke, further added that the company would unblock all blocked accounts within a short time. However, local media gathered that a couple of punters have confirmed receiving their winnings shortly after the meeting as of Friday. Interestingly this development is giving a bad light to the industry after several years of the growth the Nigerian gaming industry has experienced over the last seven years. In contrast, a case like this popping up when the customer wins a bet and is not being paid their winnings is not a good sign for the business’s reputation. It is high time the regulatory body completes a thorough analysis before issuing a license to companies that are not ready for the competitive Nigerian sports betting market. Adeleye AwakanAuthor E-play Africa, sports betting reviews, thoughtful leardership articles in Africa gambling industry, marketing gaming platforms in Africa with strong networking relationship with gaming operators in Africa, Expertise in PR, marketing communication, and consultant on gaming in Africa. Facebook Twitter LinkedIn Email Print Tags: Nigeria, NLRC, sports betting Continue Reading Previous FG Moves To Weed Out Some Sports Betting Companies In NigeriaNext There is a glaring need for regulation in Africa’s online betting industry More Stories BETTING NIGERIA The Future of Sports Betting in Nigeria 1 day ago Samuel HOT NEWS UGANDA How Uganda’s Road to Cash-less Economy Aid Online Betting and Gambling 2 days ago Adeleye Awakan 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 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 BETTING NIGERIA How is sport betting contributing to development in Africa? 2 weeks ago Samuel BETTING NIGERIA Sportsbet.io Signed Cassper Nyovest as Brand Ambassador 2 weeks ago Adeleye Awakan BETTING NIGERIA Nigerian government investigates bank and betting company 2 weeks ago Samuel EXPERTS NIGERIA Play-to-Earn Gaming Adoption in Nigeria to Double in 2022 3 weeks ago Szarlot CASINO NIGERIA Tsogo Sun sells Nigerian hotel 3 weeks ago Szarlot EXPERTS NIGERIA 6 elements of a quality sports betting website 3 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.