According to the data-curating site, Knoema, Nigeria raked in N50 billion in revenue from gaming in 2019.
“The Central Monitoring System is desperately desirable to enable the government to block leakages being experienced in the industry as well as eliminate discrepancies often observed from the books of some operators. It will undoubtedly entrench transparency and accountability in the industry, thus making things a lot easier for all stakeholders.
The minister added that Nigeria needs significant funds to confront poverty and unemployment and the Nigerian gaming industry has a key role to play in poverty Alleva nation.National Lottery Regulatory Commission“The commission has consistently worked on the actualisation of a Central Monitoring System platform to ensure real-time monitoring and promote accountable transparency in the gaming sector.
Giving the keynote address at the event, Yahaya Maikori, a legal practitioner and founder of Law Allianz, said it is important for the Nigerian gaming industry to invest in software as it is a major way resources are leaving the shores of the nation.He said there is a need for compliance with responsible gambling and amendment of the Lottery Act to entrench accountability and responsiveness.
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