Nigeria's annual import of gambling equipment and technology reaches 25 billion naira

According to a person in charge of grandlotto yellow terminal, an operator specializing in gaming equipment and business promotion, Nigeria imports 25 billion naira of gaming equipment procurement, technology and maintenance every year.

In the gaming business, technology and hardware components accounted for 40% of the expenditure, while software licenses and support services accounted for 20% and 40% respectively.

He said that the economic recession has made more people enter lotto, sports betting, online gambling and casinos, and the annual bonus paid by operators exceeds 25 billion naira. He called on local IT experts to focus on gambling technology and innovation, so that economic growth can benefit from the development of gambling industry.