Lotteries Commission Gets Stakeholder Support for Gaming Conference
Efforts by the National Lottery Regulatory Commission (NLRC) to increase the country’s revenue were boosted over the weekend, with major lottery operators in Lagos agreeing to fully support the upcoming National Gaming Conference, one of the means by which the commission seeks to make more money for the country and the lottery operators.
Relentless in its drive to innovate for the improvement of lottery business in Nigeria, the commission organized the National Gaming Conference where all relevant issues regarding the growth of lottery business would be discussed and successful pathways created for winnings. higher for stakeholders and more income for the country.
In his characteristic way of seeking the best at all times, the commission’s managing director, Mr. Lanre Gbajabiamila spent the whole week visiting key players in Nigeria’s commercial capital, Lagos, where he received a resounding assurance of the availability of the key business owners lottery to fully participate in the conference scheduled in Lagos between the 25th and 27th of this month?
Accompanied by his management team, Gbajabiamila, paid courtesy visits to some major licensed operators, explaining the importance of the program and how it would be of immense benefit to all stakeholders. Some of the operators already visited include Premier Lotto Limited (Baba Ijebu), Winners Golden Chance, Digi Bay Limited (Betway), KC Gaming limited (Bet9ja), Naira Bet, Bet King and many more.
A statement issued by the Commission’s Head of Communications, Mr Magnus Ekechukwu, said: “At each of the locations, the Director General took the time to explain the importance of the upcoming conference to the entire lottery and gaming industry in Nigeria, describing the event as the first of its kind in the Nigerian lottery and gaming industry.
According to the CEO, the conference is organized to create much needed awareness on the NLRC’s mandate, with a view to enlightening all stakeholders on the need to establish a broader, stronger and more manly working synergy that would help develop the industry for the benefit of all Nigerians.
“The lottery industry is a special industry that requires better understanding and cooperation from everyone in order to prosper. The government, as well as all critical stakeholders deserve the best in the industry, we need to create synergies to make sure we have a growth model that works for everyone. The Lotteries Commission cannot do it alone, everyone including operators, government and other sister regulatory agencies must join us in the effort to reposition the lottery and gaming industry for sustainable growth and development, ”said the CEO.
Continuing, the CEO revealed that the National Gaming Conference was hosted by Nigerians and for Nigerians, adding that the need for gaming companies to source from their technical suppliers in Nigeria would be highlighted; an idea he said was to encourage local technology as well as to stimulate the federal government’s local content policy.
The Director General further stated that many relevant issues would be discussed, including issues relating to multiple taxation, over-regulation as alleged in some quarters, jurisdictional limits, legislative and legal issues, gambling. miners and comprehensive strategies to boost the lottery and gaming industry. in Nigeria. Some of the agencies that will attend the conference, he said, include the Central Bank of Nigeria, the Economic and Financial Crimes Commission, the Nigeria Financial Intelligence Unit, the Independent Corrupt Practices Commission (and other related offenses) , the Federal Inland Revenue Service. , gambling and lottery operators, state regulators, and other senior government officials from all three branches of government.