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NewsNigeriaResponsible Gambling

Betway Receives Praise From NLRC For Compliance

Betway has received praise from the National Lottery Regulatory Commission for its model industry compliance and contribution to employment opportunities. Betway NLRC Compliance

Recently, the National Lottery Regulatory Commission (NLRC) leadership made a visit to the Betway office to honor the prestigious betting company for its remarkable dedication to compliance within the competitive Nigerian gaming market.

Along with other distinguished officers, the NLRC delegation was led by Mr. Obi Iregbu, director of Licensing and Operations, who spoke on behalf of the director general of the NLRC. The delegation reaffirmed its support for industry players as they sought to overcome obstacles in line with the federal government’s plan to promote profitability in Nigeria’s business sector.

Read Also: Western Cape Certification Sees ESA Gaming Debut in South Africa

The NLRC’s inspection provided as proof of Betway’s steadfast commitment to abiding by the strict laws and regulations governing the gaming industry. The NLRC gave Betway a letter of commendation as a gesture of appreciation for its steadfast compliance in recognition of its exceptional commitment.

Otunba Kunle Olamuyiwa, the chief operating officer of Betway, expressed genuine gratitude for the NLRC team’s visit and the letter of commendation, reiterating the business’ unwavering commitment to carrying out its activities strictly in accordance with industry best practices.

Otunba Olamuyiwa also praised the NLRC’s taxation policy, which bases taxes on gross gaming revenue and is said to be in compliance with international industry standards.

He also emphasized Betway’s support of policies that promote ethical and sustainable business practices.

Betway, a significant player in the industry, sends its best wishes to the NLRC for the upcoming National Gaming Conference and emphasizes the crucial role that such events play in determining the direction of the Nigerian gaming industry. Betway NLRC Compliance

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