BETTING NIGERIA Nigerians bet €1.7 billion on sports 4 years ago Iwo Bulski Post Views: 853 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 Sportspesa risks losing license if found guilty of disobeying court order 3 hours ago Szarlot BETTING KENYA Gamblers stake Sh620 billion in four years as betting craze rises 1 day ago Szarlot NIGERIA ONLINE Nigeria’s Economic Landscape and Forex Trading 1 day ago Szarlot BETTING NIGERIA Nigerian Bookmakers Strengthen Partnership with Gamble Alert 1 day ago Samuel BETTING NIGERIA The Dark Side of Virtual Betting 2 days ago Szarlot BETTING Growing Popularity of Horse Racing 2 days ago Szarlot NIGERIA ONLINE Nigeria’s Battle With Online Betting 2 days ago Samuel BETTING NIGERIA How to Watch the African Cup of Nations? 2 days ago Samuel BETTING NIGERIA The innovative Melbetapk.com betting app 3 days ago Szarlot BETTING ONLINE The Interplay of Fantasy Sports and Sports Betting 4 days ago Szarlot BETTING Turn Your Football Passion Into Lucrative Bets and Win Big! 4 days ago Szarlot BETTING Movies About Sports Betting 4 days 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.