The National Lottery Regulatory Commission (NLRC) has renewed Betway’s licence by allowing the online betting platform to operate in Nigeria for another five years.
This would enable the online gaming company to continue its operations in all 36 states and 774 local government areas in Nigeria for about the next 1825 days.
Mr Lanre Gbajabiamila, its Director General presented the licence to the company in Abuja.
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He applauded the board and management of Betway for its compliance with the regulations guiding the gaming and betting industry in the past five years and encouraged them to continue with them.
Anthony Werkman, on behalf of the Betway brand, said:
“We are honoured to have had the privilege of serving our Nigerian customers in a way that is consistent with our global practices by putting customer satisfaction and responsible gaming at the centre of our operations.
“We are truly grateful to NLRC for extending our license in Nigeria. As a brand, Betway considers regulatory compliance in any country where it operates as a primary responsibility and ensuring our customers play in a fair, safe, secure and responsible environment, will help us to continue to grow globally.”
Mr Chris Ubosi, a Director at Betway Nigeria, explained that Betway has long been well-regarded due to its generous service in various Nigerian communities.
Ubosi recalled that the betting platform donated relief materials to flood victims in Bayelsa State, and also provided potable water in Lagos.
The company had also donated several millions worth of sports equipment to gyms across Nigeria plus the provision of medical finance assistance alongside the Lagos State Gaming Authority, according to him.
