NLRC extends Betway operations license

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By Onozure Dania.

The National Lottery Regulatory Commission has extended the license of online betting and gaming company Betway to enable its operations in Nigeria for another five years.

The Director-General of the commission, Lanre Gbajabiamila, who presented the renewed license to the Betway team, applauded the high compliance of Betway to regulations guiding the gaming and betting category in the past five years.

Gbajabiamila said Betway was one of the most compliant betting companies in Nigeria, and encouraged them to continue with the compliance record.

Speaking on behalf of Betway, Anthony Werkman, 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 the National Lottery Regulatory Commission 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 are playing in a fair, safe, secure and responsible environment, will help us to continue to grow globally.”

Chris Ubosi, who led the team to receive the renewed license, added that Betway had long been well-regarded due to their generous service in various Nigerian communities with initiatives that included the donation of relief materials to flood victims in Bayelsa State, the provision of portable water in Lagos and the donation of several millions worth of sports equipment to gyms across Nigeria, as well as the provision of medical finance assistance alongside the Lagos State Gaming Authority.