BETTING NIGERIA Nigerians bet €1.7 billion on sports 3 years ago Iwo Bulski Post Views: 697 New research indicates that people in Nigeria spend €1.7 billion on sports betting every year and that €4.8 million are generated daily. Nigerians spend over €1.7 billion on sports betting every year, according to new research data. The information also shows that sports betting generates at least €4.8 million every day in the African country. According to local media The Breaking Times. over 60 million punters spend approximately €8 every day on bets. There are 50 sports betting sites in Nigeria, and the number is likely to increase in the upcoming years. The respondents told the News Agency of Nigeria (NAN) that they place bets to generate quick and easy income. They also said that they want to turn their passion for sports into something profitable. Moreover, the research statistics indicate that over 14 million bet stakes and payments happen through the internet every day, but that rate has no impact on retail shops. Source: focusgn.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: Nigeria, sports betting Continue Reading Previous Kenya – What next for the betting industry?Next NIgeria – how much Nigerians spend on sports betting everyday More Stories BETTING KENYA Gambling operators ignore orders to close during the election 2 days ago Iwo Bulski BETTING GHANA Ghana: Gaming Commission Must Regulate Industry 2 days ago Szarlot BETTING KENYA Kenyans spend over KSh 300b on bets, cigarettes and liquor yearly 3 days ago Szarlot BETTING NIGERIA All About Cricket Betting 4 days ago Iwo Bulski BETTING KENYA Kenyan government orders all operators to close for election day 4 days ago Iwo Bulski BETTING KENYA The government should work with the betting industry 2 weeks ago Iwo Bulski EXPERTS NIGERIA SBWA + 2022 Summit this week in Nigeria 2 weeks ago Iwo Bulski BETTING KENYA Eighteen new firms enter booming betting arena 2 weeks ago Iwo Bulski EXPERTS NIGERIA Money laundering: ECOWAS agency fingers Nigerian casinos 2 weeks ago Iwo Bulski NIGERIA ONLINE BGaming develops compression algorithm to cut game loading time 2 weeks ago Iwo Bulski BETTING KENYA Tanzania joins Kenya, Uganda tax squeeze on gamblers’ winnings 2 weeks ago Iwo Bulski BETTING HOT NEWS KENYA BCLB clears 11 betting companies to receive operating licenses 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.