• News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Commerce & Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
Monday, December 22, 2025
  • Login
No Result
View All Result
NEWSLETTER
Techeconomy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Commerce & Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Commerce & Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Techeconomy
No Result
View All Result
  • News
  • Finance
  • StartUPs
  • TechTAINMENT
  • Guest Writer
  • Digital Assets
  • IndustryINFLUENCERS
  • Environment
  • Macro Monday
ADVERTISEMENT

Home » Lagos Moves against Illegal Gambling

Lagos Moves against Illegal Gambling

... LSLGA inks MoU with UK

Staff Writer by Staff Writer
October 29, 2024
in TechTAINMENT
Reading Time: 3 mins read
0
Illegal online gambling scheme dismantled

Illegal online gambling scheme dismantled...

RelatedPosts

Netflix to Launch FIFA Football Game Ahead of 2026 World Cup

Stanbic IBTC Pumps ₦90m into Nigeria’s Creative Economy with FUZE Talent Show 4.0

Detty December: Quickteller Introduces InsomniaQ

UBA
Advertisements

Lagos State Government has signed a Memorandum of Understanding (MoU) with the United Kingdom, marking a historic partnership to strengthen the enforcement of gaming and lottery operations across borders.

The groundbreaking agreement, sealed at the prestigious International Association of Gaming Regulators (IAGR) and International Masters of Gaming Law (IMGL) conference in Rome, Italy, is expected to revolutionise the regulatory framework for gaming in Lagos State and ensure more excellent protection for consumers and operators alike.

Over the past two decades, Nigeria has experienced a remarkable surge in internet penetration, fundamentally transforming various sectors, including gambling. In the early 2000s, internet access was a luxury, with limited availability.

However, advancements in technology and the widespread use of mobile devices have led to a dramatic increase in connectivity.

By 2023, Nigeria boasted over 100 million internet users, making it one of the largest online markets in Africa.

The Lagos State Lotteries and Gaming Authority (LSLGA) under the leadership of Mr. Bashir Are, the chief executive officer, have been committed to ensuring that the gaming industry in Lagos State operates according to global best practices.

Mr Are, who also serves on the board of trustees of the IAGR, delivered a key address at the conference in Rome titled “Navigating Borders: Cross-Jurisdictional Enforcement in Combating Illegal Gambling.”

During his speech, Mr Are emphasised the significance of the MoU with the UK, describing it as a crucial step in the ongoing efforts to sanitise the Nigerian market.

He stated,

“Illegal online gambling is a global issue, with estimates suggesting that this unregulated market generates between $40 billion and $50 billion annually. These figures are approximate due to the difficulty in tracking and reporting activities in unregulated markets. In certain regions, the illegal gambling segment can account for up to 20-30% of the total online gambling market, making enforcement all the more critical.”

Under this landmark MoU’s terms, Lagos State and the UK will collaborate to share knowledge, expertise, and resources to bolster the gaming regulatory framework and enforce measures against illegal lottery operations.

MTN New

This partnership will allow Lagos to tap into the UK’s world-class regulatory systems, empowering the LSLGA to oversee the industry and close regulatory gaps better.

Additionally, the MOU ensures that operators legally licensed in the UK—the most regulated gaming market in the world—cannot engage in illegal activities within Lagos.

The agreement represents a monumental step in Lagos State’s ambition to become Africa’s gaming hub. It will attract investment and create a secure, responsible, and fair gaming environment. It also positions Lagos as a model of best practices in the global gaming industry, potentially attracting significant economic growth through increased tourism and investment.

As part of its broader vision, the LSLGA has spearheaded efforts to establish a more elaborate and inclusive Gaming Regulators Africa Forum (GRAF).

This forum aims to foster collaboration between African regulators, enabling the continent to take a united stand against illegal gambling.

With this initiative, Lagos State is again leading the charge, ensuring that African nations work together to promote a secure and thriving gaming industry.

As Nigeria’s gaming industry continues to evolve in response to technological advancements and increasing internet penetration, the collaboration between the Lagos State Government and the UK will play a pivotal role in shaping the future of gaming and lottery operations in Nigeria.

With the LSLGA at the helm, Lagos State is well on its way to becoming a beacon of responsible gaming practices and a model for regulatory excellence across Africa.

[Featured Image Credit]

0Shares

stanbic
Staff Writer

Staff Writer

Related Posts

Netflix to Launch FIFA Football Game Ahead of 2026 World Cup

Netflix to Launch FIFA Football Game Ahead of 2026 World Cup

by Joan Aimuengheuwa
December 17, 2025
0
0

The title will run on televisions, with players using their phones as controllers, keeping it within Netflix’s growing casual gaming...

Stanbic IBTC FUZE Talent Show 4.0

Stanbic IBTC Pumps ₦90m into Nigeria’s Creative Economy with FUZE Talent Show 4.0

by Destiny Eseaga
December 17, 2025
0
0

Stanbic IBTC Holdings has reinforced its commitment to Nigeria’s creative economy with the broadcast finale of its FUZE Talent Show 4.0....

Quickteller | Interswitch Group | InsomniaQ

Detty December: Quickteller Introduces InsomniaQ

by Techeconomy
December 16, 2025
0
0

Quickteller, powered by the Interswitch Group, has announced the launch of InsomniaQ, a first-of-its-kind, all-night music and entertainment experience set...

A’isha Umar Mumuni | MTN Nigeria | NECLive 2025

NECLive: MTN A’isha Mumuni Seeks Investment Reforms to Boost Creative Economy

by Destiny Eseaga
December 12, 2025
0
0

A’isha Umar Mumuni, the chief digital officer of MTN Nigeria, has urged governments, investors, and stakeholders to prioritise policy, infrastructure,...

Mainland Laffs 3.0 by FirstBank

FirstBank Powers Mainland Laffs 3.0 to Light up Lagos

by Techeconomy
December 11, 2025
0
0

The Balmoral Convention Centre at the Sheraton in Ikeja underwent a remarkable transformation on Sunday December 7th 2025, becoming the epicenter...

Canal+ to Delist MultiChoice, Pursue Secondary Listing on JSE

What the Delisting of MultiChoice from JSE Means for Africa’s Pay-TV Market

by Peter Oluka
December 10, 2025
0
0

When the closing bell rings on the Johannesburg Stock Exchange (JSE) this Wednesday, it will mark more than just one...

Load More
Next Post
Tosin Eniolorunda and Felix Ike - Moniepoint co-founders ...CNBC

Moniepoint Secures $110m Funding to Scale Digital Payments

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

MTN New
UBA
Advertisements
  • About Us
  • Advertise
  • Careers
  • Contact Us

© 2025 TECHECONOMY.

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle

© 2025 TECHECONOMY.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.