The Association of Nigerian Bookmakers (ANB) has recently called for an update to Nigeria’s sports betting regulations, emphasizing the need for a more modern framework that aligns with global best practices. The ANB believes that revising outdated regulations will not only ensure a level playing field for all operators but also foster innovation and industry growth.
In a recent meeting with key government officials, ANB representatives highlighted the importance of adopting regulations that reflect the rapid advancements in technology and the evolving landscape of sports betting. The proposed changes include clearer guidelines on digital betting platforms, more robust consumer protection measures, and updated licensing procedures.
ANB members are optimistic that these regulatory updates will attract more investment into the sector, create jobs, and increase government revenue through taxation. The association remains committed to working closely with stakeholders to ensure that any new regulations benefit both operators and consumers.