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Lagos Gov't Alerts Public Over 26 Illegal Gaming Operators

The attention of Lagos State Lotteries and Gaming Authority (LSLGA) has been drawn to the activities of some organizations conducting gaming operations in ....

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How the VAT War Triggered Restructuring

How the VAT War Triggered Restructuring
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

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Value Added Tax Considerations for Casino Operations in Nigeria

By Nana Abu
By product category, the global betting market can be broadly segmented into lottery sports, casinos and games and online betting. Due to the high popularity of lotteries globally, this was the largest segment of the market in 2018 as it had about 46 per cent of the market share during the period.
Casino activities have witnessed growth over the last decade due to technology advancement, digitisation and the relaxation of laws guiding their operations across various countries.
There has also been an increasing demand for online betting due to increasing number of youths in the population, digital revolution, live sports betting and ease of access to betting platform on mobile applications. This trend is expected to lead to market penetration and significant growth of this segment. ....

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