REVEALED: 60 Million Nigerians Are Into Gambling Daily, Lottery Boss Michael Eja Confirms
The Director General of Cross Rivers State Lottery and Gaming Agency, Michael Eja, has revealed that out of the total population in the country, an estimated 60 million Nigerians gamble daily.
Speaking at the launching of a new sports betting platform, Woskybet, in Abuja, the Director General said that the gambling industry in Nigeria is booming and valued at between N500 billion and N600 billion.
According to him, despite the industry’s rapid growth, 90 percent of the potential market remains untapped. He said that Lagos State alone generated $243 million in revenue last year. …CONTINUE READING