Since September 7, 2018, when the National Lottery Regulatory Commission (NLRC) issued the Africa Betting Company Nigeria Ltd (Afribet) a five-year licence to operate as a sports betting company in the country, additional 35 such licences have been issued in the last three years, the latest being the Winners Golden Bet Nigeria Ltd (Winners Golden Bet) which got its five-year licence on June 19, 2020.

    Other operators formally listed by the NLRC are KC Gaming Bet (Bet9ja); AlphaGram West Africa Ltd (Alpahgramwa); Sporty Internet Ltd (Sportybet); Promoserve Inter Links Ltd (iBet); Digi Bay Limited (Betway); Over the Top Entertainment Ltd (Nairabet); TM Gaming Ltd (Access Bet); Blackbet Ltd (Blackbet); Crystral Gaming Limited (Betbiga); Naijabet Limited (Naijabet); Interactive Gaming Solutions Limited (Cloud Bet); VisaTech Limited (BetLion); Calgary Online Limited (BETPAWA); Beaufortbet Nigeria Limited (1Xbet); Mobile Sport Limited (Msport) and Advance Hospitality Limited (Betwinner).

    There are also Bet24hrs Gaming Company Limited (BET24HRS); EPL Partners Nigeria Limited (BETBONANZA); Zegaming Nigeria Limited (ZEBET); Mobile Sport Limited (MSPORT); Interwetten Nigeria Limited (Interwetten); Shade International Gaming Limited (Betika); Otrada Hospitality Limited (Melbet); Infinity Mobile Gaming & Entertainment Limited (Bangbet); SV Gaming Limited (BETKING); Neomobile Entertainment Ltd (Booster 99); Arcadia Hospitality Limited (22BET); Merrybet Gold Limited (MERRYBET); Lucky9ja Lotto Limited (ILOT); Soloti Gaming Ltd (FRAPAPA); N1 Interactive Africa Limited (N1); Starlight Ace Verde Gaming Ltd (Star Bet) and West Africa Betting Investment Limited (Betmojo).