The internet gambling has reached to almost every part of the world. This time, it is emerging in Africa. At present, it would not be possible to measure the exact progress of internet gambling in this nation, but it has reached to a level to conduct its own event in Lagos, Nigeria. According to the reports of Clarion Events, a conference is being organised on the potential of gambling on this continent.
Curtis Roach is the senior events producer at Clarion Events. During an interview with Venture Beat, he remarked that his company is conducting WrB Africa Event in Lagos. This is done in order to explore the range of internet gambling in the country. The event will analyze how big gambling can go in this oil-rich area of Nigeria. He further added that Nigeria is often associated with its governmental issues but the nation is in progress today.
Roach clearly said that this nation has become the leader in the market with a bag full of investment dollars. Until date, various reforms have happened and some are yet to take place. However, he remarked that it is quite impossible to comment clearly on the size of the market. Nonetheless, it is true that the concerned team is doing thorough research on it. Nigeria is definitely a leader as compared with other regions, Roach said.
About WrB Africa
Aimed at discovering the various possible opportunities of internet gambling in Africa, the WrB Africa is the very first summit to be held in Africa. It is going to encourage gambling within the regulatory framework, which is expected to generate a viable gaming industry in the region of Nigeria. Since, it is the first ever summit, it is of smaller nature. The event has targeted only around 150 to 200 people and is much smaller as compared with other gambling events in the US or Europe.
Speakers at the Event
There were number of speakers at the event. Lanre Gbajabiamila, CEO of the Lagos State Lottery Board (LSLB) gave a keynote session while other speakers included Edward Lalumbe, chief operating officer of the Gauteng Gambling Board; John Kamara, director of Global Gaming Africa; Matthias Jacek Wojdyla, head of international affairs at FIFA and Tarimba Abbas, director general of the Tanzania Gaming Board.
In his speech, Gbajabiamila showed his optimism about the progress of internet gambling in Lagos, Nigeria. He said that the gaming industry of this state is continuously evolving and expanding with every passing day. Besides this, other states are also being aware of the opportunities available in the gaming industry.
The Bottom Line
It is true that Africa is gaining a lot with the access of internet. In fact, the Africa Internet Group has recently raised around $327 million. The funds were collected from various investors such as Rocket Internet, African telecom company, French insurance company and Goldman Sachs. The company’s entire valuation ended at $1.1 billion. Therefore, it shows that the nation is growing and achieving great success in the field of entertainment.