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JUST IN: Reps order Bet9ja, Nairabet, others to link customers’ NIN

Oluwafemi Adeyeye by Oluwafemi Adeyeye
June 23, 2022
in Business, The Nation, The News
JUST IN: Reps order Bet9ja, Nairabet, others to link customers’ NIN
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Nigeria’s house of representatives has ordered the National Lottery Regulatory Commission to ensure that Bet9ja, Nairabet, BetKing and other gaming operators in Nigeria integrate the National Identity Numbers (NIN) of customers into their database.

The resolution was sequel to a unanimous adoption of a motion by Ibrahim Isiaka (APC-Ogun) at plenary on Thursday.

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Presenting the motion, Mr Isiaka said that the global gaming market was huge and that it was estimated that between $400 and $500 was being generated annually through gaming business.

“If the current trend continues, the gaming business will be worth around 565 billion dollars especially with the increasing revenue from online gaming.

“With age-restricted businesses like casinos and online gaming platforms, the critical barrier to entry for customers is age and identity verification; therefore there is an increased need for such verifications in virtual situations in order to secure both the customers and the operators,” he said.

In his ruling, the Speaker of the house, Femi Gbajabiamila, mandated the Committee on Governmental Affairs to ensure compliance.

 

Tags: Bet9jaHouse of RepresentativesNIN

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