Betting Sites in Nigeria

The Federal Republic of Nigeria is a country located in West Africa specifically in the South eastern part of the sub region. It achieved its independence on 1st of October in the year 1960 and joined the commonwealth. Nigeria became a federal republic on 1st of October in the year 1963. To appreciate the current Nigeria betting industry, it is crucial to look at the history, the laws, and the best betting sites in Nigeria. This guide will help you get started with online sports betting and find the right betting platform for you to place your bets.

Betting Sites in Nigeria

1963: Gaining the independence from the United Kingdom.

1977: The measure, which is the Gaming Machines Act regulating gambling.

1990: The Criminal Code Act as strengthening the ban.

2005: Legalization of gambling specifically with the Lottery Act as the guiding regulation.

2021: The exception is provided by Lagos State Lotteries and Gaming Authority Law allowing gaming machines.

The timeline of gambling laws in Nigeria

This paper presents an analysis of the Nigerian gambling laws in order to comprehend the existing legal framework. Here’s a brief timeline:

  • 1963: The Nigeria got its independence from the United Kingdom.
  • 1977: The Gaming Machines Act prohibited gambling.
  • 1990: This ban was strengthened by the Criminal Code Act but backgammon and poker were allowed.
  • 2005: The Lottery Act legalised gambling which was a shift of the legal system in the right direction.

Regulatory of Betting Sites in Nigeria

Regulations of gambling in Nigeria can be seen at the federal and state levels. Key regulatory bodies include:

  • National Lottery Regulatory Commission (NLRC): Responsible for managing the national lottery affairs.
  • Lagos State Lotteries and Gaming Authority: Laws the gambling activities in Lagos State.

These bodies make sure that operators are following both the federal and state laws while at the same time promoting fairness and protecting the consumers.

Prohibited and Permitted Bets

It is important that a bettor should have basic knowledge of the allowed and disallowed bets in the game. In Nigeria:

Permitted Bets:

  • Sports Betting
  • Lotteries
  • The following are excluded from the Casino Games: Gaming Machines.

Prohibited Bets:

  • Gambling Machines not requiring special permit.
  • Unlicensed Online Betting

Gambling Licenses and Fees

Obtaining a gambling license in Nigeria involves several steps and fees:

  • Lottery Permits:
  • Valid for 10-15 years
  • Renewable for another 10 years
  • Licensing fee: N100 million
  • Sports Betting Licenses:
  • Minimum issued share capital: Specifically, the sum of N30 million.
  • Licensing fee: N50 million

The operators are also required to give a corporate guarantee in the form of bank guarantee of the sum of N25 million, as well as make monthly remittance to the National Lottery Trust Fund and NLRC.

Taxes Imposed on Gambling in Nigeria.

All forms of gambling in Nigeria are taxed to make sure that the sector is beneficial to the nation’s economy. Here are the key tax rates:

  • Gambling Tax: This includes contribution that is 20% of the gross gaming revenue.
  • Online Gambling Tax: It shall be 20% of the gross gaming revenue.
  • Extra Sports Betting Tax: Twice the amount of the fixed gross sales turnover (for bookmakers)
  • SMS Gambling Tax: This is in terms of the gross sales turnover from SMS gambling where they are supposed to contribute 3%.

These taxes are on top of normal company taxes and the Value Added Tax.

Best Betting Sites in Nigeria

This is why you need to ensure that you select the right betting site to use. Here are some of the best betting sites in Nigeria:



Comprises more than fifty types of sports.
Live streaming services

Up To £100 Visit Site



It is a recent company and one of the first Nigerian online bookmakers
User-friendly interface

Up To £120 + £30 Free Bets Visit Site



Dominates football betting
High market share

Bet £30 Get £30 Visit Site

Most sites have different characteristics to them and it is advisable to try different ones in the search for the right one.

Major Events in the History of Nigerian Sports

Nigeria has had its fair share of milestone events in sports, contributing significantly to its rich sporting culture:

  • 1980: Nigeria lifted the African Cup of Nations for the first time in history of the tournament.
  • 1994: Super Eagles got to the Round of 16 in the World Cup.
  • 2013: The super eagles of Nigeria have emerged champions in the African cup of nations for the second time.
  • 2016: Nigeria settled for a gold medal in the Olympic men’s football event.
  • 2018: Nigeria women’s bobsled team is making their Winter Olympics debut.

These events not only have painted the nation’s colors in gold but have also encouraged sports betting.

Celebrating Nigerian Sports Stars

Nigeria takes pride in its sports heroes who have achieved glory on international stages:

Nwankwo Kanu:

  • The two time African Player of the Year
  • Champion of FA Cup with Arsenal.

Blessing Okagbare:

  • An Olympic champion in Athletics/Commonwealth Games Medalist in Athletics.
  • Shooting, Athletics; He is the African champion in the long jump.

Hakeem Olajuwon:

  • Two-time NBA champion
  • This basketball player is among the 50 greatest players in the history of NBA.

Many young athletes follow their examples and their successes play an important role in the nation’s sports-minded population.

Gambling Laws in Neighboring Countries

The laws of the neighboring countries concerning gambling also give a better perspective. Here’s a quick summary:


  • Legalized gambling in 2002
  • It is regulated by the Benin National Lottery-


  • Gambling is largely prohibited
  • Some permitted exceptions for state owned lotteries


  • Gambling legalized in 2000
  • This organization is under the Ministry of Territorial Administration.

These countries present different levels of regulation, thus, underlining the approach that Nigeria has adopted.


It is not easy to find one’s way around Betting Sites in Nigeria and Sports Betting, but the legal systems and frameworks, the choice of the most suitable sites, and the appreciation of sports help. Whether you are professional or a novice in the betting world, this guide will be of immense help in making the right choices.

FAQ about Betting Sites in Nigeria

Related content

Betting Sites in Africa: Best Bookmakers

Betting Sites in Mauritania

Betting Sites in Mauritania

The Islamic Republic of Mauritania is a country in north-western part of Africa with its coast on the Atlantic Ocean. Mauritania achieve its independence on 28th of November 1960. Given that the country’s laws are stricter than most with regards ... Read More about Betting Sites in Mauritania
Betting Sites in Tanzania

Betting Sites in Tanzania

Tanzania is a country in east Africa with its eastern border touching the Indian ocean, north of it are Kenya and Uganda, to the west are Rwanda, and Congo (DRC) while to the south are Zambia. It declared independence on ... Read More about Betting Sites in Tanzania
Betting Sites in Uganda

Betting Sites in Uganda

Uganda is in east central of Africa with a strategic position at the transitional region between the Congo and East African highlands. In September 1967 the feudal system and kingdom was also done away with and the Republic of Uganda ... Read More about Betting Sites in Uganda
Betting Sites in Somalia

Betting Sites in Somalia

The Federal Republic of Somalia is located on the Somali Peninsula in the easternmost part of the African continent and has the longest coastline on the African continent. On November 24, 2023, Somalia officially became the eighth member of the ... Read More about Betting Sites in Somalia
Betting Sites in Mali

Betting Sites in Mali

Mali is a landlocked country situated in West African region sharing borders with Algeria in the north, Niger in the east, Burkina Faso and Côte d’Ivoire in the south, Guinea in the southwest. Mali declared independence on February 22, 1960 ... Read More about Betting Sites in Mali
Betting Sites in Niger

Betting Sites in Niger

Niger is a landlocked country in West Africa situated on the southern skirts of the Sahara Desert. It left the French Community in July 1960 and became formally independent on the 3 of August. In this article, you will learn ... Read More about Betting Sites in Niger
Betting Sites in Togo

Betting Sites in Togo

Togo is a country located in Western part of Africa, sharing borders with its neighbours; Benin in the east, Burkina Faso in the north and Ghana in the west. Togo it gained independence on the 27 of April, 1960. Togo, ... Read More about Betting Sites in Togo
Betting Sites in South Sudan

Betting Sites in South Sudan

South Sudan is a landlocked country in East Africa. In 2011, South Sudan passed the independence referendum, and the Republic of South Sudan declared independence at 0:At 00:00 on the 9 th of July 2011, South Sudan became the 54th ... Read More about Betting Sites in South Sudan
Betting Sites in Gambia

Betting Sites in Gambia

Gambia is a country in western Africa on the Atlantic Ocean and became a republic on the 18th of February 1965. The government of Gambia has in the recent past work towards liberalization and or regulation of the betting activity ... Read More about Betting Sites in Gambia
Betting Sites in Western Sahara

Betting Sites in Western Sahara

Western Sahara is situated in the north western part of Africa, to the west of the sahara desert and is bounded by the Atlantic ocean on the west, and shares its boundaries with the kingdom of morocco, Islamic republic of ... Read More about Betting Sites in Western Sahara
Scroll to Top