Why Nigeria Online Casinos Give No Deposit Bonuses
Since online gambling in Nigeria is largely unregulated, many foreign casinos have started accepting Nigerian players. The casino business is very competitive, so to get new players, Nigeria online casinos have to offer some compelling bonuses.
What could be more compelling than free cash or real money spins that you can use on online slots? This is why casinos offer no deposit bonuses to players in Nigeria. It is an effective marketing ploy. Any losses they suffer from paying money to winners can be recouped as these bonuses bring new business.
No deposit bonuses also work as effective free-trials of the casino and its games. Without paying any cash, you can check out all the services of the casino, on PC or by mobile phone. This helps inspire confidence in the casino, and players are then willing to deposit money.
To conclude, these are the main reasons why Nigeria online casinos offer no deposit bonuses:
- There is intense competition
- Players like free gifts
- It helps casinos give a free trial of games
Anti-Money Laundering Policies
As for anti-money laundering policies, licensed gambling operators are deemed “designated non-financial institutions”. Nevertheless, they must adhere to the requirements of the Central Bank of Nigeria and the provisions of the Money Laundering Prohibition Amendment Act of 2012. All licensees must register with the Special Control Unit against Money Laundering (SCUML).
The gambling operators must elect compliance officers who must report to SCUML each month. When registering with the anti-money laundering entity, the gambling companies’ directors must undergo brief training sessions.
Nigeria No Deposit Bonus FAQ
Can Nigerians claim any no deposit bonus from any casino?
No, Nigerians will not be able to claim any no deposit bonus from any casino. The first requirement any player from Nigeria has is finding a casino that accepts Nigerians. In the past, this could be very difficult.
However, our state-of-the-art site picks up your location and only offers you casinos that accept players from your jurisdiction. This saves you from having to jump from casino to casino in search of one that will allow you to sign up.
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Can Nigerians cash out in naira if they win with a no deposit bonus?
The currency that you can use at an online casino depends entirely on the casino's rules. Because online casinos are not prohibited in Nigeria, it is unlikely that foreign-based online casinos will set up their site to allow for withdrawals in naira. For more information on the currency that can be used at a particular online casino, check out the casino's FAQ or initiate a Live Chat with the casino's Customer Support.
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Is gambling legal in Nigeria?
Some forms of gambling, like skill-based card games, are legal in Nigeria. Most other forms of betting, however, are illegal - land-based casinos and sports betting is prohibited. Nevertheless, these activities are widely popular and there are many underground clubs and businesses that provide such betting options illegally.
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Are online casinos legal in Nigeria?
Nigerian law does not specify any provisions related to online casino gambling. It is neither legal nor illegal - it is simply unregulated. It means that Nigerians can play at online casinos. There are a few based in Nigeria, like Bet9ja and Nairabet. But most of the popular online casinos are based in Europe, where online gambling is legal and highly regulated for player safety.
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Is it safe to play at Nigeria online casinos?
Casinos that welcome Nigerian players are located in jurisdictions like Malta, Gibraltar, Isle of Man, UK, and Guernsey. These are all places where they have laws to protect casino players. Online casinos that carry these licenses are safe and reliable business entities. As long as you select from these casinos, you should be safe and secure from scams.
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Can I bet in Nairas at online casinos?
Right now, a few online casinos do provide support for payments in NGN. As more and more Nigerians play online, this feature will become even more widespread at online casinos. This is not a major hassle, as most online payment methods now come with quick and easy currency conversion options. You can place bets in USD, CAD, EUR and other foreign currencies from Nigeria.
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Are there Nigeria no deposit bonuses without wagering requirements?
Sadly, no online casino offers no deposit bonuses without wagering requirements. If you want wager-free bonuses, you can find them among the regular player bonuses at some casinos - but you will have to make a cash deposit to claim such bonuses. Such bonuses and spins are not free.
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What are some popular slots I can play with free spins and bonus codes in Nigeria online casinos?
Bubble Bubble 2, I Zombie, Eternal Love, Kung Fu Rooster, Starburst, Book of Dead are all popular online slots from vendors like Netent, Microgaming, and Betsoft that often come along with no deposit bonuses at Nigeria online casinos.
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Can I use bitcoin for casino payments in Nigeria?
Many of the top online casinos support Bitcoin deposits from Nigerian players. Cryptocurrencies are very safe, secure, and totally anonymous. If you want quick deposits and withdrawals, you can use Bitcoin, Litecoin, or Ethereum at many online casinos in Nigeria.
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Olivia King is our Chief Editor and webmaster. She is responsible for making sure that we're doing the best no deposit bonuses in the industry, no matter what your latest in online casino gambling.
The Rise Of Online Casino And Sports Betting Culture In Nigeria -The Rise Of Online Casino And Sports Betting Culture In Nigeria -- SE Friendly 🦅
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1. Betway.com
Betway registered itself in the Nigerian market with the aim of offering a dynamic, easy-to-use betting product that Nigerians can access to win big off of small bets. This means that you can expect low minimum bet requirements with massive potential payouts above the industry standard.
2.1 Bet365
When it comes to looking for the best online casino VIP programs for Nigerian players, then Bet365 will always enter the equation. With a superb gambling platform, their lofty status helps them fully appreciate just what it is that high-rollers are looking for, in any search for the best VIP online casinos Nigeria can offer. For that reason alone, they have to have a major presence in any VIP online casino list Nigeria based players draw up.
But Bet365 VIP proposal doesn't end here.In addition to their high-limit bonuses, which often match deposits to varying percentages, provide credits, and give away multiple spins; VIP players can enjoy outstanding cash-outs, and flexibility in payment methods. This is without question, one of the top Nigerian casino sites, currently available.
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2. Verify Your Casino Account
- Enter the email address you provided when registering at Parimatch Nigeria online casino.
- Open the welcome message from the online gambling site. If it’s not there in a matter of minutes, visit your spam folder.
- Click the link inside the message. This will verify your registration at the Nigerian casino.
- If the link does not automatically redirect you to the Nigerian online casino, manually visit the site and log in.
Today’s online player
So who is the online casino player of today? For the most part, the first picture that leaps to mind is probably accurate: young and male. In more developed countries, players also tend to have higher levels of income and education, and they’re often very interested in technology — at the very least, they live in a mobile-first world.
But a single picture isn’t enough. While males make up a higher percentage of players than females, there are still substantial numbers of female players, especially in Europe and North America. Lower-income countries have their fair share of frequent players, and while the 18-35 demographic has the lion’s share of slot players and sports bettors, huge numbers of older players spin and wager every day.
All told, while it’s safe to assume that for the most part online casino players are indeed young men, there’s more and more reason to consider female gamblers and those in other age brackets as well — at the end of the day, gambling is an equal-opportunity source of entertainment.
As one of the iGaming industry’s leading software suppliers and aggregators, Slotegrator offers everything you need to start an online casino, including turnkey platform solutions, game content, sports betting software, gambling license acquisition services, and anything else you might need to start an online casino. Get in touch with us to make 2022 the year you start a successful online casino or sportsbook.
Best Casino Sites for Nigerian Players Top 5 Gambling Sites – THISDAYLIVE- Sunday, 2nd October, 2022
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3. Fund Your Account and Claim the Welcome Bonus
- In the PariMatch Casino cashier department, set the banking option you wish to use.
- Enter the sum you wish to deposit and fund your account.
Online Casino Benefits to Players from Nigeria
There aren’t a lot of benefits to players from Nigeria who are looking to gamble online, apart from the fact that there’s no law that prohibits them from playing at online casinos that are controlled by foreign operators (ones that are licensed by foreign regulators). This means that Nigerians can benefit from being able to choose from hundreds of world-class online casinos, but it also means that they have access to hundreds of rubbish ones too.
Some of today’s best Nigerian online casinos are licensed in the United Kingdom, by the Gambling Commission, plus Nigerians can also trust online casinos that are licensed in several other major licensing jurisdictions around the world such as Malta, Gibraltar, Kahnawake and Curacao.
The Nigerian currency, Nigerian naira, is occasionally accepted at online casinos, but US dollars and most other major currencies are also accepted, and you can select your preferred currency when signing up to a casino for the very first time. You can also now deposit and withdraw at Nigerian focussed online casinos using a growing number of popular Nigerian online payment options (e.g. certain e-wallets and most major credit & debit cards).
The main supported language at today’s best Nigerian online casinos is English, 24 hour player support is generally available via telephone (often toll-free), as well as via live chat and email and when you sign up to an online casino you can instantly claim some kind of guaranteed new player welcome bonus. There are lots of other benefits too such as rewarding loyalty programs, having access to some of the best online casino games in the world and being able to play on desktop or mobile and either instantly in your web browser or from within a perfectly secure casino download client.
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Responsible Gambling and AML Policies in Nigeria
The country currently lacks specific responsible gambling policies applicable to licensed operators servicing local players. Broadly speaking, operators must make sure they carry out their gambling operations with fairness and social responsibility in mind. However, there are no specific tools that allow players to manage their gaming activities and keep them in check.
Before gaining access to any betting products, customers must confirm they are not below the legal age of 18 years old. With that said, studies have shown that although many Nigerians perceive gambling as a risky activity, they also see it as a quick way of earning money.
Underage Gambling in Nigeria
Anti-Money Laundering Policies
Policies on Gambling Advertising in Nigeria
Similarly to all other aspects of Nigeria’s regulatory framework, gambling advertisements are overseen on both federal and regional level. When marketing their products and services, licensed operators must stick to the guidelines of several federal entities, starting with the Advertising Practitioners Council of Nigeria (APCON).
Gambling companies must additionally consider the guidelines of the Nigeria Broadcasting Commission, the Federal Competition and Consumer Protection Commission, and Nigeria’s Communications Commission. According to the provisions of the 2005 National Lottery Act, each operator must present the gambling regulator (NLRC) with a draft of its code of practice. The NLRC must then approve the draft, which should contain information about the company’s marketing and public relations.
Gambling-related ads must not appear in proximity to schools, universities, or other centers of education. Ads on radio or television should not be broadcast at times when little children can see them (that is during most of the day). The marketing materials should never target vulnerable individuals (i.e. problem gamblers), children, and adolescents. The most common sanctions for breaching the advertising regulations include bans on inappropriate ads, hefty fines, license suspension, or complete revocation. It all depends on the severity of the violators’ contravention.
✅ Welcome Offers with Fair Terms and Conditions
The online casino site should provide a good welcome offer for new members. Because all online gambling platforms have some sort of welcome offer, make sure the one you select has fair terms and conditions.
Education and income
Education and income levels of online gamblers vary. In African countries such as Kenya, gambling participation rates are higher among the lower-income segments of the population, and highest among the unemployed. In contrast, Canadian online gamblers have an average annual income of nearly $75,000, and tend to have at least some university education. In Australia, lower-income gamblers spend a higher percentage of their income on gambling, but those in higher earning brackets spend more overall.
3️⃣ Which are the safest online casinos for Nigerian players?
When it comes to online gambling, safety should be always a top priority. We have selected the operators that have the best security features. Each top Nigeria online casino that we have outlined is licensed and regulated by the country's official gambling regulatory institutions and other international organisations as well.
While Nigeria’s casino industry has been neglected by successive governments, Yahaya Maikori, founding partner of law firm Law Allianz, contends that with a massive potential market, there is still ample opportunity for growth in the country’s land-based gaming sector.
International Casino Review: There have been estimates which have suggested that land-based casino revenues in Nigeria could exceed $70m in 2019, with a growth rate exceeding South Africa and Kenya. How realistic is this?
Yahaya Maikori: Those estimates are far from real unless of course you include slot operations but even then you will still be far off the mark.
The reality is that the Nigerian casino sector is lagging behind the sports betting and lottery sectors.
It had its time in the 1970s, however conflicting government laws which lacked clear policy directives lead to the demise of the industry.
The biggest investments we have seen so far in Nigeria’s casino industry is from Sun International and another South African company with four properties but those are insufficient to warrant these projections.
My guess is that Nigeria will surpass Kenya in the next five years but I doubt it will surpass South Africa in the near future.
ICR: What help does the casino industry need – in terms of investment, regulation etc – to develop further in Nigeria?
YM: Compared to other African markets with regulated casino industries, Nigeria offers the best opportunities because of its large unserviced population.
For example, look at Lagos state – the fifth biggest economy in Africa – it has between eight to ten casinos servicing its 21 million residents.
Now compare this to Nairobi which has a population of four million people with over 60 medium seized casinos.
In that sense, the 22 million annual visitors that generate billions of dollars for Macau’s casino industry, are already a captive population in Lagos alone, and that is aside from business tourists.
In terms of development, I think the Nigeria casino market needs a different approach entirely; we may have to explore mid-sized integrated casino resorts and market it to the younger population as entertainment instead of core gambling.
We have started reviewing some of the regulations with a view to recommending incentives that will attract such investments.
The growing youthful population desire different experiences and the continued growth of the entertainment industry – which is projected to become the fastest growing industry in the world in the next three to five years – supports this conclusion.
Another action that will help casinos will be the removal of the Central Bank’s policy which bans financial institutions from lending to businesses in the gambling industry, while other key considerations include licensing, and ensuring Nigeria has fair taxes when compared to other markets.
ICR: Looking at international operators trying to do business within Africa, what common misconceptions do they have about the region?
YM: There are several misconceptions – one is that they fail to understand that Africa comprises of 53 different countries, hundreds of languages, religions and cultures with different infrastructural needs and tastes – one product or solution cannot be applied uniformly.
Secondly, investors need to understand that Africans are very sophisticated punters and can adopt any product, but at the same time, the continent is already inundated with games and products.
What is needed is impactful investments which would allow for the expansion and consolidation of the current opportunities.
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