Nigerian Gaming Industry Focuses on Tax, Compliance, and Licensing in 2026

In 2026, the Nigerian gaming industry is addressing tax, compliance, and licensing issues. The session, organized by the Nigerian Bookmakers Association (ANB) and featuring representatives from the Economic and Financial Crimes Commission (EFCC), emphasized the importance of regulatory compliance and financial crime risk mitigation.

Specialists like Folashade Oluwasanya highlighted the need for a risk-based approach, technology investment for customer data management, and tax reforms for fair revenue arrangements. Adedoyin Oriadetu advised operators on cross-border fees and proper documentation to justify costs.

Olabimpe Akingba from Pawatech Advisors stressed the significance of compliance officers and proactive education for sustainable operations. Olajide Boladuro of the Oyo State Gaming Board recommended simplifying data compilation and negotiating new licenses to ensure legal operations.

The National Lottery Regulatory Commission (NLRC) aims to clarify long-term licensing validity for operators.