Nigeria grants online sportsbetting license to 1xBet.com

Online sportsbook operator Beaufortbet Nigeria Limited has reportedly announced that its domain at 1xBet.com has received a license that will allow it to offer its services to punters in Nigeria until the end of 2024.

According to a Thursday report from iGamingBusiness.com, the five-year license was granted by the African nation’s National Lottery Regulatory Commission regulator to give 1xBet.com permission to operate in every state and territory of Nigeria including the densely populated areas in and around the cities of Lagos, Abuja and Kano.

Ambitious aims:

iGamingBusiness.com reported that 1xBet.com additionally intends to use its newly-acquired Nigerian sportsbetting license to bring a range of responsible gambling practices to the nation’s population of almost 201 million people. As such, the site is to purportedly feature betting limits as well as a selection of innovations designed to inhibit gambling addictions.

Reportedly read a statement from Beaufortbet Nigeria Limited…

“1xBet.com is a supporter of responsible betting. We comply with the laws of each country in which we operate. Given that our licence to work in Nigeria is valid until 2024, in the next five years we want to set new standards of betting culture. We will teach fans that with 1xBet.com they play according to simple and understandable rules that must be observed.”

Football fame:

Beaufortbet Nigeria Limited reportedly proclaimed that 1xBet.com has moreover previously held partnership deals with some of the world’s largest soccer sides including the likes of Barcelona, Tottenham Hotspur, Liverpool and Chelsea and now intends to exploit the popularity of football in Nigeria to further grow its business.

Beaufortbet Nigeria Limited’s statement reportedly read…

“We are well aware of Nigeria’s position as a renowned football-focused market. In 2018 we signed a partnership agreement with the Nigeria Football Federation, the Nigeria national football team as well as the Nigerian Premier League. In addition, we are official partners of the African Confederation of Football and the largest club tournaments of the continent. Therefore, we not only offer Nigerian fans a wide range of betting options but also a sense of involvement in the victories of their favorite teams. Football fans can be sure of 1xBet.com, where they always have a winning chance alongside their favorite clubs.”

Extensive estate:

Finally, Beaufortbet Nigeria Limited reportedly detailed that sportsbetting afficionados in Nigeria will be able to use 1xBet.com to place wagers on more than 1,000 daily events covering some 60 sports. Alongside these, the domain is purportedly set to feature markets on non-sporting occurrences covering areas such as music, cinema and politics.

Reportedly read the statement from Beaufortbet Nigeria Limited…

“We want to give everyone who is legally able to place bets access to earning potential and look forward to finding interesting new partners in Nigeria with like-minded goals.”