By Nana Abu
By product category, the global betting market can be broadly segmented into lottery sports, casinos and games and online betting. Due to the high popularity of lotteries globally, this was the largest segment of the market in 2018 as it had about 46 per cent of the market share during the period.
Casino activities have witnessed growth over the last decade due to technology advancement, digitisation and the relaxation of laws guiding their operations across various countries.
There has also been an increasing demand for online betting due to increasing number of youths in the population, digital revolution, live sports betting and ease of access to betting platform on mobile applications. This trend is expected to lead to market penetration and significant growth of this segment.
Polaris Bank empowers 188 Nigerians, gives N26 million to customers in Save & Win grand finale draw
The ‘Save & Win’ promo was launched in November 2020 with three draws slated to select winners in February, March, and April respectively. Polaris Bank‘Save and Win’ grand finale promo draws.
The millionaires include: Williams F. Atinuke, a customer of Ikorodu Local Govt branch; Bello G. Amthe, a customer of Maiduguri branch and Sani Mohammed, a customer of Kura branch, Kano. Others are Okoro N. Arua, a customer of Aba Factory Road branch, Abia State; Ndidi M. Ebagua, a customer of Benin Main branch, Edo State and Ogunbowale Isola, a customer of Sokenu Road branch, Abeokuta, Ogun State.
By Lydia Ngwakwe
Lagos, April 30, 2021 The Polaris Bank Limited on Friday said it had given away N26 million to empower 188 Nigerians in its just concluded âSave and Winâ draw.
This is contained in a statement by the bankâs Head Corporate Communication, Mr Rasheed Bolarinwa, and issued to newsmen in Lagos.
According to the statement, 60 other lucky winners also emerged from across the six geo-political zones, winning N100,000 each during the draw.
It said that the draw which held at its headquarters, in Victoria Island on Thursday, was streamed across various media channels, attracting a large online audience.
The statement noted that the audienceâ profiles were made up of customers from within and outside Nigeria and members of the public who witnessed the emergence of the six millionaires.
SoftSwiss
In February 2021, the online gambling software developer and supplier, SoftSwiss, announced its significant foray into the African gambling market when it obtained sportsbook operating licensing to begin doing business in the country of Nigeria. x
Nigeria has the largest economy on the continent, mainly due to its petroleum production, and is well-known for its long-time love of gambling. As one of the ‘most competitive and fast-developing markets in Africa, Nigeria is a prime location for SoftSwiss offerings.
Who is SoftSwiss?
Launched in 2008 as an online auction developer and officially founded in 2012, SoftSwiss is a Belarusian online gaming software supplier that offers a host of online gambling-related solutions and services. The company is based in Curaçao and has software development teams in Belarus, offering their services to clients and partners across the globe.