Gaming and Sports
Our strength as a Law firm that helps our clients secure their gaming and sports betting company is our reliable contacts at the Nigeria Lottery Regulatory Commission other and governmental officials. Therefore, we are able to guide you in governmental procedures, licensing and regulations. We are abreast with changes and technological improvements in the gaming industry.We recently advised a company on the requirements, licensing and setting up of a lottery and gaming company in Nigeria.
Here are some steps to start up your own gaming (betting) company:
- Register Your Gaming Business With CAC: The first step to structuring your business in Nigeria is to register your company at the Corporate Affairs Commission (CAC).
- Get The Required Licenses: Operational licence must be obtained from the National Lottery Regulatory Commission in respect of a national licence. Trademark and domain registration is also required. In addition, there are several regulators to obtain approval from, the most popular of them are: Investment Promotion Commission (NIPC), the National Office for Technology Acquisition and Promotion (NOTAP), and Special Control Unit against Money Laundering (SCUML).
- Franchising: For companies who do not have the monetary capacity to establish their own gaming company. Obtaining a franchise from an established gaming company may reduce your startup cost.
- Get A Betting Shop: Having a physical location is one of the requirements before you can be issued a license to operate a gaming company in Nigeria.
- +234 807 963 7406
- info@oaslawfirm.com
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