Lexgtdt Gaming 2020 Nigeria

Total Page:16

File Type:pdf, Size:1020Kb

Lexgtdt Gaming 2020 Nigeria Nigeria Yahaya Maikori and Osayamen Ojo Law Allianz INTRODUCTION Age restrictions 3 What is the minimum age for participating in lawful Legal definition of ‘gambling’ gambling? 1 What are the legal elements required for an activity to be regarded as gambling? The minimum age for participating in lawful gambling is 18. Section 34 of the National Lottery Act states that it is an offence for any person to In Nigeria, gambling is conducted according to laid-down legislation knowingly permit a child or young person below the age of 18 to partici- on gambling that is referred to as ‘lottery’ in most jurisdictions, which pate in gambling. This is also the minimum requirement across all the collectively determines the types of gambling permitted in the country. states of the Federation. The legal elements of gambling are determined at two levels: nation- ally and individually among the 36 states that make up the Nigerian Penalties Federation. 4 What are the penalties for offering unlawful gambling? Consequently, gambling is defined to encompass different elements of gaming in each legislation. At the national level, the National Lottery The penalties for offering unlawful gambling under the National Lottery Act defines gambling to include ‘any game, scheme, arrangement, Act (national law) is imprisonment up to a term of three years or a fine system, plan, promotional competition or device for the distribution of of at least 20,000 naira, or both. At state level, the penalties vary from prizes by lot or chance, or as a result of the exercise of skill and chance state to state. For instance, in Lagos state, the penalty according to the or based on the outcome of sporting events or any other device which Casino and Gaming Regulatory Law is imprisonment up to a term of five shall be operated according to a licence’. The gambling licences granted years or a fine of 20 million naira, or both. It is also worth noting that by the National Lottery Regulatory Commission (NLRC) include, but are the different gambling regulators in their respective jurisdictions have not limited to, the following: it in their authority to impose sanctions not expressly stated in the law. • charitable lottery; • online lotteries; 5 Does the law penalise the gambler directly for participating in • promotional lottery; and unlawful gambling? • sports lottery. The law does not penalise the gambler directly for participating in As an example of a state-level definition, in Lagos, gambling is defined unlawful gambling. in the Casino and Gaming Regulatory Authority of Lagos State as ‘the wagering of a stake of money or anything of value on the unknown Social and non-profit gambling result of a future event at the risk of losing all or a portion for the sake 6 Are there exceptions for social gambling, or charitable or of a return, irrespective of whether any measure of skill involved or not non-profit gambling? and encompasses all forms of gaming and betting’. Therefore, the legal elements required for an activity to be There are exceptions for social or charitable gambling in Nigeria. The regarded as gambling is specified by the applicable laws of the different licensing conditions for social gambling in Nigeria are less stringent. jurisdictions. Some forms of social gambling are not taxed but must be licensed for a fee. It mostly depends on whether it is for charitable, social or promo- Remote activity tional purposes. 2 With respect to remote or other cross-border activity, where is the wager deemed to take place? Regulatory authorities 7 What entity regulates land-based and remote gambling, and The area of cross-border activity concerning remote gambling has not what are the regulator’s powers? been specifically defined in Nigerian legislation. Presently, there is no specific law that regulates remote gambling in Nigeria, although it is Land-based gambling and remote gambling are regulated at both the recognised and all licences are implied to include remote gambling. national and state levels. The NLRC regulates gambling at the national However, from previous experience, a wager is deemed to have taken level and the Federal Capital Territory. At the state level, some states place from the location of the consumer, provided the punter or are regulated by a specific gaming board, authority or commission consumer was not targeted by the foreign operator. (eg, in Lagos it is the Lagos State Lotteries Board; in Anambra it is the Anambra State Gaming Board), while in less regulated states, gambling is overseen by the state’s internal revenue board. www.lexology.com/gtdt 1 Nigeria Law Allianz The regulator grants a gambling licence upon fulfilment of the Director, officer and owner licensing conditions for application. It also has the power to revoke or suspend a 11 Must individual directors, officers or owners of licensees also licence when an operator defaults or does not comply with the law. They be licensed or reviewed for suitability? also ensure enforcement and impose administrative sanctions on non- compliant operators. Overall, their functions revolve around ensuring Based on the law currently applicable, individual directors, officers or gambling activities are conducted under the law to create a sanitised owners of licensees are not required to be licensed but are reviewed for gambling society and protect the diverse sectors of society. suitability. However, there are proposals and statutory amendments at both national and state levels to reflect current trends in this regard. Anti-money-laundering regulations 8 Are gambling licensees considered financial institutions for Location purposes of anti-money-laundering and similar financial 12 May a gambling location be part of a resort, restaurant or services regulatory requirements or are they otherwise other multi-purpose location? What limitations apply? subject to such requirements? Gambling may be permitted to be a part of a resort, restaurant, hotel or Gambling licensees are not considered financial institutions for other multipurpose location. A popular example of gambling in a hotel purposes of anti-money laundering. However, licensees are consid- is the Federal Palace Hotel casino situated in Lagos state. Lagos state ered ‘designated non-financial institutions’ for purposes of anti-money provides two categories of casino licence: a stand-alone casino and a laundering regulatory requirements. They are also subject to other hotel-casino. Licence limitations apply; for instance, the gambling resort regulatory requirements such as: or hotel must not be situated close to a school or in a residential area. • the Central Bank of Nigeria guidelines; • the Money Laundering (Prohibition) Act (As Amended); Casino development • the Special Control Unit against Money Laundering; and 13 What considerations arise in developing a casino resort • the Terrorism (Prevention) Act. project that are not typical to other resort development? LAND-BASED GAMBLING There are currently no casino resort projects in the country. However, casino projects of whatever sort are subject to particular considera- Types tions. Such particular considerations are determined by the regulatory 9 What types of land-based gambling are permitted in your authority in the jurisdiction where the licensee operates. The considera- jurisdiction, and is gambling regulated at a national or tions include, but are not limited to: subnational level? • zoning; • minimum financial requirements; Land casinos, sports betting (bookmakers), slot machine operators, • types of casino; and raffles and Lotto shops are the types of land-based gambling permitted • technology. in Nigeria. However, the regulatory authorities have the power to create new licences to accommodate the ever-growing gambling industry. Passive/institutional ownership Gambling is regulated at both the national and state (subnational) 14 Are there provisions for passive or institutional ownership levels, but some states run their own franchised lottery through private that allow for exemption or modification of licensing operators. requirements? Establishment licensing There is no such provision for passive or institutional ownership that 10 Please describe the licensing criteria to operate land-based permits the exemption or modification of licensing requirements. gambling of each type or classification. Does your jurisdiction limit the number of available licences? Responsible gambling 15 What responsible gambling obligations apply to licensees? For casino licensing, an application must be made to the gambling regu- latory authority in the jurisdiction or state in which the operator wishes Currently, there are no responsible gambling obligations applicable to to conduct its operations. The application shall consist of an applica- licensees in the country. There is also no centrally maintained exclu- tion letter, non-refundable application fee (prescribed by the authority), sion list of persons who are not permitted to gamble. However, with the documentary evidence of business incorporation, a detailed business recent changes and developments in the gambling industry in Nigeria, plan or proposal of the proposed casino, its financial capability and its regulations on responsible gambling are currently pending for passage technical structure. Upon the submission of the application, the regula- both at the national level and in some of the states. tory authority makes its decision on whether or not to grant a licence to the operator or applicant. Taxes All other forms of land-based gambling licensed in the country 16 What type of tax and what tax rate applies to each form of follow the same application process subject to further conditions being lawful land-based gambling activity? stipulated by the regulatory gambling authority. There are no limits on the number of available licences in the The tax rate differs across states in the country. Gambling operators country. However, the regulatory authorities may place a temporary are licensed at the national level and in the state where they choose restriction on the number of licences issued subject to certain condi- to operate. Therefore, they pay tax in the jurisdiction under which they tions prevailing at such times.
Recommended publications
  • PRIZE PROMOTIONS AROUND the WORLD Japan
    PRIZE PROMOTIONS AROUND THE WORLD Japan Downloaded: 30 Sep 2021 ABOUT PRIZE PROMOTIONS AROUND THE WORLD ABOUT Welcome to the fourth edition of DLA Piper's popular Guide to Prize Promotions Around the World. Prize promotions remain a popular marketing tool used globally by businesses to attract customers. The internet and various social media platforms make this an attractive, cost efficient means of reaching a large, multi-jurisdictional customer base; but it is not without its legal challenges. This handbook is designed to equip our clients with a useful tool to assist them with the management of the early development stages of a promotion, and to bring potentially problematic issues to their attention as soon as possible. NEW FEATURES AND TRENDS In response to client demand, this fourth edition of the Guide has been expanded to cover 39 jurisdictions which count among the most significant for our clients, with the addition of Denmark, Hungary, Nigeria and Turkey. As our interactive map shows, the extent of regulation and sanctions in this area is on the rise, with the most noticeable change being brought about by the introduction of GDPR across the EU. GDPR extends obligations around handling promotion entrants’ personal data (eg for winner publicity, use of promotions to generate marketing leads and use of UGC entries containing personal data), and introduces the possibility of huge fines for breaches of those obligations. ABOUT OUR GLOBAL ADVERTISING AND MARKETING TEAM The DLA Piper global advertising and marketing team is well-versed in handling complex, frequently multi-jurisdictional compliance projects. This includes advising on compliance aspects of international prize promotions, which we are often asked to clear across large numbers of jurisdictions, while working to short deadlines.
    [Show full text]
  • The Nexus Between the Increasing Involvement of Youth in Betting Games and Unemployment from the Nigerian Perspective
    The current issue and full text archive of this journal is available on Emerald Insight at: https://www.emerald.com/insight/2632-279X.htm Increasing The nexus between the increasing involvement of involvement of youth in betting youth games and unemployment: the Nigerian perspective 163 Gbemi Oladipo Olaore Received 12 February 2020 Revised 23 April 2020 Department of Management, Atilim University, Ankara, Turkey, and 16 June 2020 18 June 2020 Bimbo Onaolapo Adejare and Ekpenyong Ekpenyong Udofia Accepted 18 June 2020 Department of Business Administration, Faculty of Management Science, University of Lagos, Akoka-Yaba, Nigeria Abstract Purpose – Betting games have become a global industry worth billions of dollars providing employment to millions and contributing to the gross domestic product (GDP) of several countries. While there are debates and controversies surrounding betting games discourse, a growing body of literature shows that it has been exacerbated by growing unemployment rates. This paper aims to examine the nexus between the increasing involvement of youth in betting games and unemployment from the Nigerian perspective. Design/methodology/approach – The study adopts simple random and stratified sampling techniques to select participants for the study. Three hypotheses were tested for this study and confirmatory factor analysis (CFA) and structural equation model (SEM) was used to test the hypotheses. Findings – The three hypotheses tested in this study were coined from previous literature. The study established a direct link between technology advancement, promises of winning big coupled with bonuses while unemployment was not significant to youth involvement in betting games. The study also showed that playing betting games provides another source of income to the youth, who are already engaged in one form of work or another.
    [Show full text]
  • Gambling Outlook: 2014 – 2018 South Africa • Nigeria • Kenya
    Raising the stakes in Africa Gambling outlook: 2014 – 2018 South Africa • Nigeria • Kenya 3rd Annual Edition November 2014 www.pwc.co.za/gambling Photo courtesy of Tsogo Sun Gambling outlook: 2014-2018 South Africa • Nigeria • Kenya Third annual edition About PwC’s gambling industry group PwC’s team of gambling specialists provide an unbiased overview Every day, PwC plays a significant supporting role in gambling of how the gambling industry in businesses across the world. With our local knowledge of culture, laws South Africa, Nigeria and Kenya and business needs, we help clients make the most of changing market is expected to develop over the scenarios. Because we understand how developments in the broader coming years. The publication gambling environment are affecting our clients, we can work with focuses on the following major them as a trusted advisor to provide solutions that help improve their industry segments in South Africa: organisation’s effectiveness and long-term success. casino gambling, limited payout machines, sports betting, bingo and More significantly, we focus on the issues and challenges that are of the National Lottery. It details the utmost importance to our clients. These include restructuring, talent key trends observed and challenges management, compliance, regulatory changes, changing gambler facing these industry sectors as requirements and managing capital spend. We are committed to well as considering their future understanding the forces that have an impact on these issues and prospects. For Nigeria and Kenya, continue to develop and deliver solutions to help our clients achieve we cover only casino gambling. their financial, operational and strategic objectives.
    [Show full text]
  • Cost of Lottery Licence in Nigeria
    Cost Of Lottery Licence In Nigeria Gerundive and molded Washington outcrossings some blondes so versatilely! Adjuratory and Greek Anurag never neutralized inextricably when Morgan tweak his major-generalship. Isaak crimps forkedly. Cookies to the link lock and. Everyone can arrange money on Fiverr if they have one garden two digital skills. The National Gambling Board the responsible for state oversight authorities the regulation in the gambling industry throughout the country speaking to depart the salvage of. Our population such guidelines prior written permission or conditions for betting sites are the scope of kano. Agreement this plan Non-disclosure agreement Business license Technology. Suggest that users will have the opportunity to receive a discount on existing credit card debt in connection with the loan. Multi Flowers Pharmaceutical Co. Nigeria in nigeria are. As quickly retire the deposit is positioned, the bettor will convict the ability to play. Part off our strategic goals is can develop services that can held on without our infrastructure. TAXATION AND FISCAL REGULATIONS IN NIGERIA. International in nigeria of cost template does your heart of. This is so we are not comply with the license granted a chance to figure every day road, katsina state and added to require the life. Unguwar Malamai, Tudun Wada Zaria, Kaduna State. The lotteries in touch to make it can click here but you are. The most detailed and comprehensive overview to gambling laws in Africa on the Internet. Nigerian Government Promises to Support Sports Betting. REQUIREMENTS FOR A LICENCE OR wilderness PERMIT TO. Ult library complex, remedy at the global survey estimates and conditions or reviewed for the country of cost lottery licence in nigeria.
    [Show full text]
  • The Economic Winners and Losers of Legalized Gambling
    The Economic Winners and Losers of Legalized Gambling Melissa Schettini Kearney Brookings Institution 1775 Massachusetts Avenue, NW Washington, DC 20036-2103 202-797-6406 [email protected] February 2005 Abstract: This paper reviews the government role in the legalized gambling sector and addresses some of the major issues relevant to any normative analysis of what the government role should be. In particular, the paper reviews evidence identifying the economic “winners” and “losers” associated with the three largest sectors of the industry: commercial casinos, state lotteries, and Native American casinos. The paper also includes a discussion of the growing internet gambling industry. In addition to reviewing existing literature and evidence, the paper raises relevant questions and policy issues that have not yet been adequately addressed in the economics literature. INTRODUCTION In the past three decades, legalized gambling in the United States has grown from a limited activity to one that is extremely commonplace. Gambling in some form is now legal in every state except Hawaii and Utah. Gallup data from 2004 show that two in three Americans report participating in some form of gambling activity in the last 12 months, with state lotteries being the most common. As legalized gambling continues to grow in popularity and prevalence, and new forms of gaming are introduced and expanded, there is much public debate about the costs and benefits of this sector of the economy. The gambling sector has always been viewed as different from other sectors of the economy. Unlike other industries in which the market is the principal determinant of supply and demand, government decisions have largely determined the size and form of the legalized gambling sector in the United States.
    [Show full text]
  • An Overview of Gambling in Nigeria PAPER Chinyere Mirian Aguocha1 and Sanju George2
    SPECIAL An overview of gambling in Nigeria PAPER Chinyere Mirian Aguocha1 and Sanju George2 1Consultant Psychiatrist and Lottery was legalised in Nigeria in 2005, under Senior Lecturer (Psychiatry), Gambling, legal and illegal, is popular in the National Lottery Act 2005.5 The law distin- Department of Internal Medicine, Nigeria. Lack of stringent regulation and Imo State University, Owerri, guishes between games of skill (which are legal) enforcement, coupled with the rise in online Nigeria and games of chance (which are illegal). Legal 2 gambling opportunities, has resulted in Professor of Psychiatry and forms of gambling include the lottery, land-based Psychology, Rajagiri School of increased gambling-related harm. There needs Behavioural Sciences and casinos and sports betting, whereas roulette, dice to be a multipronged public health strategy to Research, Rajagiri College of games and non-skilled card games are considered Social Sciences (Autonomous), address the harms of gambling and for this Kochi, India. illegal. There is no specific provision in the law to the government, gambling industry, policy Email: sanjugeorge531@gmail. regulate online gambling. The minimum legal com makers and academic experts need to engage age to be able to gamble in Nigeria is 18 years. in a meaningful debate. Keywords. Gambling; Nigeria; policy; research; public health. Gambling research from Nigeria First received 25 Nov 2019 Gambling research in Nigeria has been mainly Nigeria is Africa’s most populous country, with a Final revision 9 May 2020 focused on the prevalence, pattern and determi- Accepted 13 May 2020 population of about 185 million people. It is the nants of gambling among the different subpopula- seventh most populated country in the world 2,3,6 doi:10.1192/bji.2020.28 tions in the country.
    [Show full text]
  • Ijocllep 2 (3) 2020
    IJOCLLEP 2 (3) 2020 ONLINE GAMBLING AND CHILD PROTECTION: A CASE FOR REVIEW OF THE REGULATORY PROTECTION FOR UNDERAGE PERSONS IN NIGERIA* Abstract Online gambling is faced with several challenges that have posed regulatory difficulty to gambling transaction. One of such challenge is the issue of Underage Gambling. The use of Internet and other Digital Media by young persons for purposes of gambling represents a serious concern. Despite clear prohibitive legislation excluding minor or young person from all relevant gambling products, Online Gambling has proven to be resistant to such regulation as a result of the challenges inherent in this medium or channel of Gambling. This article adopts doctrinal research methods to examine Online gambling in Nigeria. It assesses the prohibitive provisions on Child gambling and regulatory challenges in Nigeria, making apt comparison of online gambling to other form of gambling-like activities and proposes practical and regulatory recommendations for possible reforms to guarantee adequate protection for under-aged Persons in Nigeria. The paper seeks to educate the Government, Gaming Services Providers, the general public and Stakeholders of the Gambling Industry in Nigeria. Keywords: Gambling, Child, Online Gambling, Virtual Property, Video game, Penny Auction 1. Introduction The emergence of Internet and Mobile Technological Devices brought about dependency on its usage for several aspects of human activities. The Internet being a global network interconnected in a logical manner made communication,
    [Show full text]
  • Efficacy of Brief Motivational Interviewing
    EFFICACY OF BRIEF MOTIVATIONAL INTERVIEWING INTERVENTION FOR TREATING GAMBLING DISORDER AMONG UNIVERSITY STUDENTS IN KENYA: A RANDOMIZED CONTROLLED TRIAL MAROMA FABIO OGACHI A THESIS SUBMITTED TO THE SCHOOL OF HUMANITIES AND SOCIAL SCIENCES IN PARTIAL FULLFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF DOCTOR OF PHILOSOPHY (COUNSELLING PSYCHOLOGY) OF KENYATTA UNIVERSITY OCTOBER 2020 ii DECLARATION This thesis is my original work and has not been presented for a degree in any other university or for any other award. Signature_________________________________ Date __________________________ Maroma Fabio Ogachi C82/CTY/PT/32626/2015 This thesis has been submitted with our approval as university supervisors Signature ________________________________ Date __________________________ Dr. Muchiri Karega Department of Psychology Kenyatta University Signature _______________________________ Date ___________________________ Dr. Eunice Njeri Mvungu Department of Psychology University: Kenyatta University iii DEDICATION I dedicate this research to individuals who struggle with gambling and other behavioural addictions and encourage them that it is possible to overcome the challenge. I also dedicate this work to everyone trying to come up with Kenyan solutions for Kenyan problems. iv ACKNOWLEDEGEMENT I acknowledge with much appreciation the contribution of my supervisors Dr. Muchiri Karega and Dr. Eunice Njeri Mvungu for their invaluable insights and guidance throughout the process of conducting this research. I am also immensely grateful to Kenyatta University for giving me the opportunity to pursue my PhD studies as a tutorial fellow under the staff development program. I thank all the staff in the Department of Psychology for their encouragement and inspiration. I sincerely thank the management and staff of Mt. Kenya University for according me the opportunity to conduct this research at their institution.
    [Show full text]
  • A Literature Review and Gap Analysis of Emerging Technologies and New Trends in Gambling
    International Journal of Environmental Research and Public Health Review A Literature Review and Gap Analysis of Emerging Technologies and New Trends in Gambling Sharon Lawn * , Candice Oster, Ben Riley, David Smith, Michael Baigent and Mubarak Rahamathulla College of Medicine and Public Health, Flinders University, Adelaide 5042, SA, Australia; candice.oster@flinders.edu.au (C.O.); ben.riley@flinders.edu.au (B.R.); david.smith@flinders.edu.au (D.S.); michael.baigent@flinders.edu.au (M.B.); mubarak@flinders.edu.au (M.R.) * Correspondence: sharon.lawn@flinders.edu.au Received: 17 December 2019; Accepted: 22 January 2020; Published: 23 January 2020 Abstract: There have been significant changes in the gambling landscape particularly relating to gambling in the digital age. As the gambling landscape changes, regulation of gambling also needs to change. In 2018, the Office of Responsible Gambling in New South Wales, Australia, commissioned a gap analysis to inform their research objectives and priority focus areas. This included an identification of gaps in our understanding of emerging technologies and new trends in gambling. A gap analysis of the peer-reviewed literature published since 2015 was undertaken, identifying 116 articles. The main area of focus was Internet gambling, followed by articles exploring the relationship between video gaming and gambling, the expansion of the sports betting market, Electronic Gambling Machines characteristics and articles exploring new technologies and trends in advertising and inducements. Key gaps related to the need for more research in general, as well as research focusing on subpopulations such as those using different gambling formats, those with varying levels of problem gambling, and vulnerable populations.
    [Show full text]
  • G3 April 2016
    WWW.G3NEWSWIRE.COM / WWW.G3-247.COM International Gaming News / Knowledge / Statistics / Marketing Information / Digita l and Prin t Association of Gaming Equipment Manufacturers Official Magazine Global Games and Gaming Magazine April 2016 WWW.G3-247.COM WWW.G3NEWSWIRE.COM The Braz ilian Institut e of Gam ing claim s 200,00 0 Brazili ans lea ve the cou ntry to gamble BraZIL P11 The fir st in stal lations o f A ristoc rat ’s Light ning Link hav e be en sited at Westsp iel Ca sin o Germa ny P16 GLI discus sed i Gaming a n d fantasy sp orts a t its 16t h North Ame rican Reg ulators R ound table uS P20 Mohega n Sun’s pla ns to buil d its integr ated r esort eurOpean lOttery Markets at Inch eo n A irport cou ld face m ajor issues The num bers game South Kor ea P26 SUBSCRIBE Tracking the sheer scale of the European lottery at G3-247.com business a nandd th eSports?e vertical rise of Instant Games Read every G 3 m agazine, do wnload ever y marke t report a nd muc h mo re... The latest magazine i s a vailable to d igitally download via G 3-247.com o r v ia t he A pp S tore Available on the Interact with G3 via... App Store and Google Play S tore Contents April 2016 SOUtH AMERICA EMEA paraGuay P8 SwItZerLand P12 Paraguay Minister makes licence A year after calling DRGt with a “systems announcement at an investors meeting that SOS,” Switzerland’s Casino Interlaken is Hard Rock will be granted approval this year delighted with the practical intervention Samson House, coLomBIa P10 ruSSIa P14 457 Manchester Road, Manchester M29 7BR, Enjoy has opened
    [Show full text]
  • 1 Gambling Participation and Problem Gambling
    1 GAMBLING PARTICIPATION AND PROBLEM GAMBLING PREVALENCE IN ONTARIO ETHNO-CULTURAL COMMUNITIES: MINING THE 2005 CPGI DATASET Report prepared for the Ontario Problem Gambling Research Centre By Matthew M. Young, Ph.D. Agata Falkowski-Ham, MA Senior Research & Policy Analyst Falkowski-Ham Research Canadian Centre on Substance Abuse 9 HernshawCres. 75 Albert Street, Suite 500 Etobicoke, ON Ottawa, ON July, 2011 2 TABLE OF CONTENTS LIST OF TABLES .................................................................................................................................................... 3 LIST OF FIGURES ................................................................................................................................................... 4 LIST OF APPENDICES ............................................................................................................................................ 5 ABSTRACT ............................................................................................................................................................ 6 INTRODUCTION ................................................................................................................................................... 7 PART I: SYSTEMATIC SEARCH OF THE LITERATURE ............................................................................................... 8 METHODS ........................................................................................................................................................
    [Show full text]
  • Gambling Outlook: 2013-2017 (South Africa – Nigeria – Kenya)
    2nd annual edition • November 2013 Gambling Outlook: 2013-2017 (South Africa – Nigeria – Kenya) Betting on Africa www.pwc.co.za/gambling Gambling Outlook: 2013-2017 (South Africa – Nigeria – Kenya) Second edition PwC’s team of gambling specialists bring you an unbiased overview of how the gambling industry in South Africa is expected to develop over the coming years. The publication focuses on the following major industry segments: casino gambling, limited payout machines, sports betting, bingo and the National Lottery. It details the key trends we have seen developing and the future challenges and prospects that are facing these industry sectors. For Nigeria and Kenya, we cover only casino gambling. Gambling Outlook: 2013-2017 provides deep knowledge of the About PwC’s gambling industry group local gambling market and is a Every day, PwC plays a significant supporting role in gambling powerful tool for understanding businesses across the world. With our local knowledge of culture, critical business issues for this laws and business needs, we help clients elsewhere make the most of market. To learn more about the changing market scenarios. challenges and opportunities that lie ahead for the gambling industry We understand how developments in the broader hospitality in South Africa, please visit environment are affecting our clients. This allows us to work with www.pwc.co.za/gambling them as a trusted advisor to provide solutions that help improve their organisation’s effectiveness and long-term success. More significantly, we focus on the issues and challenges that are most important to our clients. These include restructuring, talent management, compliance, regulatory changes, changing gambler requirements and the management of capital spend.
    [Show full text]