Online casinos in Nigeria
Despite the fact that the development of the World Wide Web in Nigeria is not quite prominent as all over the world, yet online Nigerian gambling companies are advancing exponentially. The Nigerian gambling industry is developing every year due to modern innovations in the field of online gaming such as casinos with various games to choose and one of the recent payment options – cryptocurrency. Having these new opportunities, local people are even more eager to explore gambling sites in Nigeria.
Best Nigeria online casinos
The history of Nigerian gambling
Throughout its evolution, online gambling went through lots of difficulties in Nigeria:
- In 2004 the government declares a ban on gaming in general.
- In 2016, the first authorized lottery was held online.
- After a while, several casinos were opened in Lagos and Abuja, the capital of Nigeria.
- In 2013, the first casino appeared. It offered only roulette games.
Although the country's gambling laws still formally restrict citizens from visiting gambling sites in the present times, they manage to do this with the help of international operators’ services. The statistics say that the gambling market in Nigeria and some other regions of the continent ramped up to 37 billion dollars in 2018.
The current situation on gambling in Nigeria
Nigeria is claimed to be one of the fastest-growing gambling countries in Africa. The total global volume of online gambling in Africa was only 0.5% in 2015. Due to the series of events of technological progress, in three years this number doubled.
The mentality of Nigerian players is based on the social status of the population since approximately 45% of them live in poverty. Nevertheless, unemployed youth and people with low incomes are always ready to save money on food to have some cash for the next bet. According to the gambling statistics more than 50% of the adult population regularly bet on sports in Nigeria. The culture of gambling in the country is still in its infancy.
However, with the expansion of the gambling industry, new types of online casino games in Nigeria have been added to the remaining one. Since online casinos came into the life of indigenous gamblers, it has brought such options as roulette, slots, baccarat, and blackjack, which have appealed to many gamble-lovers.
Having studied the perspectives of the online gambling market in Nigeria, experts conclude that this type of entertainment will be progressing in this region in the upcoming years due to some factors:
- Middle-class growth
- Availability of computers and smartphones
- Internet technology development
- Improvement of the legislation regarding the gambling business regulation and taxation
Nowadays, Nigeria presents significant success in the field of online gaming. Therefore, local people are getting acquainted with new opportunities for investment, business, and profit.