BETTING NIGERIA Nigerians bet €1.7 billion on sports 3 years ago Iwo Bulski Post Views: 744 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 Court orders gambling firm to pay former staff Sh12m in terminal dues 21 hours ago Samuel BETTING SOUTH AFRICA Kambi Group to Continue Supplying SunBet with Solutions 24 hours ago Samuel BETTING GHANA Betway extends sponsorship for Ghana Women’s Premier League 1 day ago Samuel BETTING WORLD NEWS LeoVegas Group launches new global partnership with Inter 1 day ago Iwo Bulski BETTING KENYA Ndungú’s stake in Sportpesa firm risks seizure without pay 2 days ago Szarlot BETTING NIGERIA Parimatch Tech evolves into GR8 Tech 2 days ago Szarlot BETTING SOUTH AFRICA SIS, Kiron Interactive in Africa partnership 5 days ago Szarlot BETTING UGANDA Melbet online betting is a stable source of income 5 days ago Szarlot BETTING WORLD NEWS Bookmaker 1xBet denies problems with license and connection with Russia 5 days ago Samuel LOTTERIES NIGERIA Commission DG inspects lottery facility ahead national games 7 days ago Szarlot LOTTERIES NIGERIA Meet the Real Owner of Baba Ijebu 1 week ago Szarlot BETTING TANZANIA Betting firm employs 142 Tanzanian youths 1 week 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. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.