https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
ADVERTISEMENT
  • ABOUT US
  • CONTACT US
  • Latest Naija News Today
  • Privacy Policy
  • TheGeniusMedia – Latest News, Naija News, and World News
Tuesday, February 3, 2026
The Genius Media
  • Login
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
The Genius Media
No Result
View All Result
First Bank Ad First Bank Ad First Bank Ad
ADVERTISEMENT
" data-ad-slot="">
ADVERTISEMENT

More Knocks For LSLGA Over Illegal Blacklisting Of Betting Companies

Tgmedia by Tgmedia
October 15, 2023
in Business, News, Sports
0
More Knocks For LSLGA Over Illegal Blacklisting Of Betting Companies
" data-ad-slot="">
ADVERTISEMENT

The publication by the Lagos State Lotteries and Gaming Authority (LSLGA) listing some betting companies as unlicensed has continued to attract scathing reviews, with some industry players describing the action of the agency as inimical to the burgeoning gaming industry.

 

RelatedPosts

Adron Group Congratulates Ogun State At 50, Salutes Legacy of Progress

BREAKING: Wike And Labour Unions Reach Truce FCTA Planned Protest In Abuja

#OgunAt50: Golden Jubilee Celebrations Amid Mixed Emotions and Half-Century of Ogun West’s Exclusion from Governorship

The LSLGA released a public notice penultimate week stating that some 43 lottery and gaming platforms had no license to operate in the state and advised the gaming population to stay away from patronising them.

 

Conversely, the National Lottery Regulatory Commission, NLRC, through its Director General, Lanre Gbajabiamila, stated in a statement that gaming operators listed as unlicensed and illegal in LSLGA’s publication were duly licensed to conduct lottery and sports betting businesses in Nigeria.

 

The NLRC insisted that Zebet, Betika, Gobet247, Msport, Afribet, Bangbet, Betwazobia, Koretbet, Paripesa, Livescorebet, Blackbet/betty Bingo, Cloudbet, Hallabet, N1bet, Konfambet, Scratch2win, Naijabet, Lottomania and Millionaire Powerplay are its licensees

 

The confusion generated by the development has been viewed as having unnecessarily upset the stability the industry had enjoyed since a court judgment that affirmed the NLRC as the authentic body with the legal powers to regulate the industry in Nigeria.

 

Some industry experts believe LSLB’s action is an affront to the ruling by Justice Iniekenimi Oweibo of the Federal High Court (FHC) in Lagos State that the federal government, through the National Assembly, had the exclusive right to legislate and control lottery activities in the country. Justice Oweibo gave the ruling in a suit filed by the Association of Nigerian Bookmakers in 2020.

 

The industry players said it is high time Governor Babajide Sanwoolu called the Chief Executive Officer of the LSLGA James Maida to order for consistently bringing the state to disrepute and upset the growth of the gaming sector.

 

One industry player who sought anonymity said, “The court was unambiguous in its ruling when it stated, inter alia, that with the National Lottery Act, 2005, being an inter-state trade and commerce law, any grantee of a license by the NLRC is free to carry on its trade between states, especially from and into Lagos State, without liability to obtain approval of the license from the Lagos State Governor.

 

“The NLRC, as the apex regulator of lotteries and gaming in Nigeria, is backed by the National Lottery Act of 2005, the law governing lottery and gaming activities in Nigeria as affirmed by the court; therefore, the LSLB has no grounds for blacklisting holders of national lottery licenses operating in Lagos State. These things are very clear, and it is baffling that the LSLB is running foul of a subsisting court ruling.”

 

ADVERTISEMENT

Another expert stated that the National Lottery Act of 2005 was promulgated to prevent unnecessary confusion and confers on the NLRC legislative authority as the sole regulatory body for lottery operations at the national level.

 

" data-ad-slot="">
ADVERTISEMENT

“The crafters of the law, in their wisdom, understood that having a single national regulatory body helps prevent conflicts and inconsistencies in lottery regulations across different states in Nigeria. If each state were allowed to independently regulate lotteries, it could lead to a patchwork of rules and standards that could be confusing for operators and players alike. A unified national regulator ensures a coherent and consistent regulatory framework, and this is what the court also affirmed in its ruling.

 

“The lottery and gaming industry in Nigeria has the potential to contribute significantly to the country’s economic growth. However, the constant meddlesomeness by Lagos State has created chaos and uncertainty for operators and players alike. This situation could ultimately harm the industry’s growth and limit its potential,” he said.

Share this:

  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Telegram (Opens in new window) Telegram

Like this:

Like Loading...
Tags: More Knocks For LSLGA Over Illegal Blacklisting Of Betting Companies
" data-ad-slot="">
Previous Post

“A Pioneering Unison: NDDC and NLNG’s Embrace for Flourishing Niger Delta”

Next Post

BIP: Dangote Sugar Employs 7000 Nigerian Youth Yearly

Related Posts

N'Golo Kanté
Breaking

BREAKING: N’Golo Kanté Completes Second And Final Part Of Medical Tests With Al Ittihad

by Tgmedia
June 18, 2023
0

BREAKING: N'Golo Kanté Completes Second And Final Part Of Medical Tests With Al Ittihad----The Genius Media Nigeria reports that a...

Read moreDetails

BREAKING: Kelechi Iheanacho Dropped From Final AFCON Squad

June 9, 2019
Nurses Begin Indefinite Strike In Lautech

JUST IN: Hospitals Deserted, Patients Suffer As Nurses Begin Indefinite Strike In Lautech, Ogbomoso

September 20, 2025
Next Post
Dangote Sugar Employs 7000 Nigerian Youth Yearly

BIP: Dangote Sugar Employs 7000 Nigerian Youth Yearly

Please login to join discussion
" data-ad-slot="">

About Us

Thegenius Media.com.ng is an Online Nigerian NEWS HUB with good coverage and reportage of Exclusive Stories, Daily News Updates, Politics, Entertainment, Crime, Lifestyle, Relationship Tips and Sports.

RELEVANT PAGES

  • About Us
  • Privacy Policy
  • Contact Us

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: thegeniusmedia1@gmail.com

Office Address

No 26 Oroleye Crescent off Abel Oreniyi Street.
Off Salvation Road, Opebi
Ikeja, Lagos

Tel:

Copyright © 2024 TheGeniusMedia.com.ng

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
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports

© TheGeniusMedia.com,ng

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

Discover more from The Genius Media

Subscribe now to keep reading and get access to the full archive.

Continue reading

%d