934 Online Casinos in Nigeria

Posted by on03 Sep, 2022

Slots

You have the option to choose between classic 3-reel fruit slots and action-packed 5-reel video slots. They are both very easy to play. Once you have made your deposit, you spin the reels and if the symbols line up on a winning pay line, you collect a pay-out. Video slots have symbols such as Wild and Scatters which slightly differ from game to game. They are valuable since they trigger bonus features such as Spins and multipliers that can boost your wins even further. Try our casino games for free or play for real money.

4.Cash (PaySafeCard)

The most popular payment method in Nigeria in 2021 was cash. Around 75% of respondents in a poll by Statista noted that Nigerians pay primarily in cash, with debit cards being the closest competitor and the number two most popular method. But what does this mean for online gambling? It might be a bit less convenient to pay for online gambling using cash, but it is not impossible.

Another deposit method players might consider is PaySafeCard. The card allows users to deposit cash in exchange for funds on the card, which is completely separate from a bank account.

Not all online casinos allow this option, and the operator’s website will generally spell out your payment options to make picking the best choice a bit easier.

Are you ready to dive into online gambling in Nigeria? Don’t make the mistake of using slow, insecure payment methods to fund your account. Keep the information above in mind, and you will be playing in no time.

Best Online Casino Games - Sports - Nigeria

Gambling Taxation – Do You Owe Taxes After a Win

Taxes are one of those things that few gamblers think about when they really should. Though tax laws differ from country to country, it’s always important to know where you stand when it comes to the taxation of gambling winnings. Under the Personal Income Tax Act of 2014, players in Nigeria are required to pay taxes on their winnings.

But you need to know the Act does not mention gambling specifically, it does state that “any profit, gain or other payment not falling with [the Act]” are eligible for taxation. So, if you win big in Nigeria, your winnings will be subject to the same taxes as any other sources of income.

Gambling winnings in Nigeria are taxed the same as all other forms of income.

There are yet other things that we need to tell you in our guide about the best online casinos in Nigeria. There isn’t a great deal of variation when it comes to taxation. Either a country taxes winnings, or it doesn’t. Those who do tax gambling winnings, of course, will differ in the percentage charged, but that’s where the only real differences lie.

For example, players in the United States will be taxed differently according to the laws of their home state. This can range from anywhere between 4% to 25%. On the other end of the spectrum, there are many countries that put the burden of taxation on the top online casinos in Nigeria themselves, like Ireland and the United Kingdom.

The way forward: problem gambling merits a public health prevention approach

Harms from problem gambling are multiple and often not as direct and visible as in substance addictions. A range of harms that adversely affect the individual, the family and society have been reported. These include uncontrolled gambling, sometimes fuelled by desperate attempts to win back money, financial difficulties and extreme poverty; disruption of relationships within the family, with loss of trust and failure to carry out expected responsibilities; engagement in other risky behaviours, such as excessive drinking, substance use and crime.10 Despite most forms of gambling being illegal in Nigeria, substantial amounts are spent on a daily basis.4 The rate of problem gambling is estimated to range from 1 to 8%, with 10–15% at risk of problems related to gambling.11,12 With the increasing influence of the West and the fast-paced technological penetration in Nigeria, it is anticipated that problems related to gambling will increase. Unfortunately, prevention approaches are currently almost non-existent.

It is against this background that it is pertinent to conceptualise an appropriate public health response to gambling in Nigeria.

We propose a three-tiered framework for such a public health response: primary, secondary and tertiary. Primary prevention focuses on preventing or postponing initiation of the first bet. Primary preventive approaches aim to make the general public aware of the risks and potential negative consequences of excessive gambling and to help them make decisions about ‘responsible’ gambling. This should be targeted mainly at preventing under-age gambling and protecting other vulnerable groups. Concerted efforts have to be made to develop age verification processes to prevent under-age online gambling. Community awareness campaigns on the dangers of gambling, together with funding and disseminating research on gambling, have to be carried out. Voluntary contributions, a statutory levy imposed on the gambling industry or the industry taking these up as part of their corporate social responsibility should be used to fund these. Regulation of advertisements and promotions of gambling by regulating the types of advert and disclosing during adverts the risks inherent in gambling, and incorporating into the civic education curriculum of primary and secondary schools the dangers of gambling, are also desirable. Government should regulate the density of gambling outfits that can be set up in a particular location and sites where they are permitted to operate. Government recognising that gambling is a public health problem, with policy development and responsibility domiciled in the Ministry of Health, would go a long way in helping this materialise. Current regulations that ban under-age gambling have to be strictly enforced by the appropriate regulatory authority. For adults who gamble, responsible gambling should be promoted. It is here that perhaps Nigeria's policy makers could look West: one example is Britain's Responsible Gambling Strategy Board, an independent panel of experts that advises the government on aspects related to responsible or safe gambling.

Secondary prevention should screen for potential problems in those already initiated into gambling. Secondary prevention measures target ‘at-risk’ and problem gamblers. It aims to ensure early diagnosis and treatment for the individual by raising awareness of healthcare professionals about gambling and by breaking down barriers to treatment-seeking. It also involves the gambling industry's self-regulation to ensure reduced harm to their clients. Clinics for treating those with gambling problems should be set up in government hospitals, and health workers in primary health clinics should be trained in the identification of problem gambling, with an appropriate referral pathway set up.

Tertiary prevention strategies include specialised psychological and other treatment interventions for gamblers and their families.

Finally, from a public health point of view, other important parameters that would help quantify the problem of gambling include the following: the rates of various psychosomatic symptoms (cardiovascular, musculoskeletal, gastrointestinal and other non-specific psychosomatic symptoms) and psychiatric problems such as depression, anxiety, substance misuse and personality disorders among problem gamblers; financial problems such as debt and bankruptcy; gambling-related crime; and interpersonal relationship problems such as neglect of the family, domestic violence and child abuse. Much more research is called for into measuring or estimating the above-noted health and social costs borne by society.

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Online Casino in Nigeria 2021

Welcome to this reliable guide to find and compare online casino in Nigeria. If you are looking for a secure and fun place to play casino this is the site for you. Our goal is to provide a list with the absolutely best casinos in Nigeria. Our handpicked list make sure that we only recommend the best. The websites that we list meet our strict criteria when it comes to security and reliability as well as generous online casino bonuses and promotions.

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As a new casino player in Nigeria, you can find out about how to play different games such as slots, table games, poker, sports betting and much more. If you are interested in the legal aspect you can read out guide about it. Below you will find a list of top-ranked casinos in Nigeria, like LionsBet and NairaBET. Click on “Play Now” to go directly to the gambling website or click “Review” to learn more about each site. For more information keep on reading to get the most up to date news.

The Rating System

We only add an online casino to our website if we know it has a good reputation among players. The best casino sites in Nigeria are such that we review continuously. Our review gives the casinos a score based on reputation, customer support, game variety, processing times, and everything else written on this page. Once we list an online casino on our website, it is up to you whether it will remain one of the top 10 online casinos in Nigeria or not. How come? You can review the online casinos listed on this page, and your review will affect its overall score. Many bad reviews will lower the casino's rank. If we see that a specific casino has only bad reviews, we may even remove it from our website altogether. If you want to register and add a review on an Nigeria casino, you can easily click the Register button in the navigation menu. We will appreciate it if you do so. In addition to helping the community and letting others know about your experience in a particular online casino, you will also have access to our exclusive Free Spins section.

Payout Rates and RTP

It is always good to look at payout rates and RTP of each available slot machine and table game. These rates will reveal whether a certain online casino is worth playing or not.

The Rapid Advancement Of Online Casinos In Nigeria

Gambling & Betting

By On Mar 8, 2022

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he gambling and betting industry has seen a global shift from more in-person betting games to online gambling. This popularity has led to the growth and advancement of online casinos and more online casino games being produced by iGaming software companies.

There are so many countries that one would not normally point out as hotspots for online gambling activity, and Nigeria is one of those.

The Nigerian population has embraced gambling, gaining popularity amongst the 213 million inhabitants. The size of the population has helped drive the industry, which accounts for 7% of Africa’s betting activities.

One of the sites that one could visit is NewCasinos, ultimate online casino portal for all your online casino games.

Comparison with Other Markets

Though online gambling continues to grow in popularity in Nigeria, and across Africa at large, the market is still small when looked at on a global scale. This is fairly typical of emerging markets, and will likely change over time. The only things that separate the Nigerian market from others are the lack of consistent regulation and absence of internet-specific legislation.

Thankfully, we could say that this looks set to change, albeit slowly. The National Lottery Regulatory Commission in the country is making efforts to bring all agencies and operators above board, which will hopefully bring Nigeria more in line with global gambling markets and further boost the growth of the national industry.

Welcome Bonus and Promotions

One of the most popular aspects of each online casino is definitely promotions, and bonuses. Welcome bonuses are the biggest bonuses you can get in an online casino, and many online casinos are quite generous with their offers. However, do not forget that all bonuses and promotions come with certain terms and conditions that you have to read and accept before using the bonuses. We always check these terms to make sure all bonuses are legal and that the casino is not trying to lie to their players and take their money.

2.Bank (debit) cards

Bank cards are a popular banking method for online casinos in Nigeria. Bank cards, also known as debit cards, are similar to bank transfers in that they both pull money from and directly deposit money to bank accounts, but they offer a few benefits, which make them the preferred choice for many.

First, it is often easier to use a debit card than it is to make a bank transfer. Instead of worrying about account numbers, routing numbers, and banking details, debit cards require users to input the card number and basic banking details only.

Transactions made with bank cards are often much faster than transfers, too, taking anywhere from a few minutes to, in extreme cases, a few days to process.

If you want to use your bank account to deposit and withdraw cash to your casino account, you might find that debit cards are a more convenient option than direct transfers using your bank account.

1.Land-based versus online providers

Before we jump into specific payment methods to consider, let’s take a quick look at how the rise of online casinos has evolved in Nigeria.

In 2004, the country’s ban on gambling was repealed, and the spread of gambling began. By 2014, around 30% of Nigeria’s population bet on sports, for example, spending around $2bn on the activity. Today, gambling in Nigeria is split across five categories:

  • Pools
  • Slots
  • Promotions
  • Lottery
  • Betting

Of these, the largest market is betting, while the smallest is pools. Sports betting reigns king among all of these, while online casino gambling is still in its initial stages in Nigeria. The amount of interest in the activity is swiftly growing, however, and has seen a particular boost in popularity after the COVID-19 pandemic first began in 2020.

There are a few different reasons online gambling in Nigeria has flourished in recent years. The most influential of them is the increase in the country’s economy.

As Nigeria continues to increase its gross domestic product, citizens will have even more excess funds to spend on leisure activities. Another reason online gambling has grown steadily over the past few years is that nearly half of the population in Africa is under 25.

Add to this the fact that youths make up most people in Nigeria participating in economic activities, and the reason for online gambling’s growth begins to make sense.

Despite the country’s legalization of many forms of gambling over the past few decades, online gambling remains a thorny subject. The Nigerian government does not have any restrictions on its citizens’ rights to gamble online, per se, but they also do not host any online casinos.

In fact, online gambling by Nigerian providers is illegal as of the time of writing. Offshore operators are the only viable option for Nigerians interested in online play.

The good news is that there are many quality casinos and top crypto betting sites available, including those from the UK Gambling Commission, which allows Nigerian players to gamble on sites regulated by the board.

Once you find an appropriate offshore casino with a valid license, you can sign up and start playing. First, you must deposit funds into your account. Then, you can find your new favorite online casino game. But what are the best payment methods for Nigerian players?

The best gambling payment methods in Nigeria are those that offer the lowest fees, those that are the most secure, and those for which transactions are finished the most quickly. Let’s take a look.

Casino house filled with slot machines.

The Top 5 Online Casinos for Nigerian Players

✅ Online Casino🎁 Bonus⭐ Rating
888Casino100% up to $200 Welcome Bonus5.00/5.00
BetVictorWager £10 get £30 + 100FS4.70/5.00
NetBet100% up to 100,000₦ + 100 Free Spins4.50/5.00
22BetUp to 130.000₦ Welcome Bonus4.50/5.00
William HillUp to £300 Welcome Bonus4.50/5.00

2. 22Bet – Best Variety of Games of Any Online Casino in Nigeria

Pros:

  • Thousands of casino games from leading providers
  • Exceptional live casino
  • Amazing selection of sports betting markets
  • 50,000 NGN welcome promo

Cons:

  • The design could be better

22Bet is a top-notch casino site operating under the National Lottery Regulatory Commission license. It makes our list of the best online casinos in Nigeria by hosting thousands of well-known titles.

Variety of Online Casino Games: 4.9/5

While 22Bet offers no traditional table games, it’s loaded with amazing options for slots, betting, and live dealer games.

We’re looking at thousands of games from over well-known developers here. The live casino is top-notch and truly brings that land-based casino vibe to the comfort of your home.

Bonuses and Promotions: 4.85/5

When you register to 22Bet as a new player, you can claim a 100% match bonus of up to 50,000 NGN, which is very exciting!

Elsewhere on the platform, casino players can join the Weekly Race, while sports betting enthusiasts can take advantage of the Friday Reload promo of up to 40,000 NGN, check out the Accumulator Bet Boost by placing 7+ selection accumulator bets, and much more.

Payment Methods and Withdrawal Speed: 4.8/5

As a Nigerian player, you can use bank cards like Visa and MasterCard, e-wallets like B-Pay and Perfect Money, or take the crypto route.

The minimum deposit requirement is set at $1 in most cases, which is about 400 NGN. Payouts are handled swiftly in a matter of a day for crypto and e-wallets or up to a week for bank wire transfers.

Mobile Friendliness and Customer Support: 4.7/5

22Bet sports a professional, memorable design. While testing the platform, we’ve experienced zero lag whether we placed sports bets, enjoyed some cool slots, or dove right into the live casino.

Customer assistance is available via live chat, or you can schedule a call from the casino and save money on phone expenses.

Find out more about 22Bet Casino bonuses by clicking here.

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