Nigeria’s House of Representatives has ordered the National Lottery Regulatory Commission, NLRC to ensure that Bet9ja, Nairabet, BetKing, and other gaming operators in Nigeria integrate the National Identity Numbers (NIN) of customers into their database.
This followed Ibrahim Isiaka’s (APC-Ogun) motion at the plenary on Thursday, who insisted that the global gaming market was huge.
According to Isiaka, the market was generating between $400 to $500 billion annually through the gaming business.
“If the current trend continues, the gaming business will be worth around 565 billion dollars especially with the increasing revenue from online gaming.
“With age-restricted businesses like casinos and online gaming platforms, the critical barrier to entry for customers is age and identity verification; therefore there is an increased need for such verifications in virtual situations in order to secure both the customers and the operators,” he said
The Speaker of the House, Femi Gbajabiamila, in his ruling mandated the Committee on Governmental Affairs to ensure compliance by Nigerians.
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