🎰 Obtaining a Gaming License in Nigeria: Latest Regulatory Guide

By the Corporate & Commercial Law Team at O.I.D. Legal Consult📧 Email: oidlegalconsult@outlook.com | 📞 Tel/WhatsApp: +2349058454839

Introduction

The Nigerian gaming industry continues to expand, but operating legally requires strict compliance with local licensing regulations. In Lagos State, the Lagos State Lotteries and Gaming Authority (LSLGA) oversees all gaming activities under the Lagos State Lotteries and Gaming Authority Law of 2021. This updated guide from O.I.D. Legal Consult explains the step-by-step process for obtaining a gaming license in Lagos — covering eligibility, fees, application steps, compliance, and recent industry developments including the new Universal Reciprocity Licensing Agreement and the Federal Capital Territory’s newly established Lottery Regulatory Office.

Who Regulates Gaming in Lagos?

The LSLGA regulates all gaming and lottery activities in Lagos State. It issues licenses for a range of operations — from physical casinos to online betting platforms.

🔍 Important: Remote gaming licenses previously issued by the defunct National Lottery Regulatory Commission (NLRC) are no longer valid. Operators must regularise under the proper state authority to avoid enforcement actions.

Types of Gaming Licenses

Licenses are available for:

• Public Online Lottery

• Online Sports Betting

• Online Casino

• Scratch Cards

• Interactive Games

• Casino Operations

• Gaming Machines

• Pool Betting

• Promotional Competitions

Each license comes with specific conditions and compliance standards.

Who Is Eligible?

✅ Business Registration & Capital Requirements

• Must be registered with the Corporate Affairs Commission (CAC).

• Minimum authorised share capital: ₦30 million for Nigerian companies; ₦100 million for companies with foreign ownership.

✅ Financial Stability

• Provide audited financial statements showing financial capacity.

• A bank guarantee is required to secure payout of winnings.

✅ Technical Infrastructure

• Operators must have reliable gaming software, equipment, and data security measures that meet international standards.

How to Apply for a Gaming License

Step 1: Prepare Your Documents

• CAC incorporation certificates

• Audited accounts

• Business plan with detailed revenue model

• Technical specifications for software and hardware

• Proposed rules governing gaming activities

Step 2: Submit Your Application

• File your application with the LSLGA with all required documents and accurate details about your gaming operations.

Step 3: Pay the Applicable FeesExample (sports betting):

• Application Fee: ₦1 million

• License Fee: ₦50 million

• Bank Guarantee: ₦50 million

Other professional and operational costs may apply.

Step 4: Background Checks & Due DiligenceThe LSLGA will assess your management’s integrity, competence, and financial health, and check anti-money laundering compliance.

Step 5: Inspection & ApprovalExpect on-site inspections to verify your premises, security protocols, and operational readiness.

Step 6: Receive Your LicenseOnce you meet all conditions, the LSLGA will issue your license outlining:

• Validity period

• Reporting requirements

• Operational conditions

Post-Licensing Obligations

✔ Responsible Gaming: Prohibit underage gambling and implement addiction safeguards.✔ Compliance: Operate fairly and transparently in line with your approved rules.✔ Renewals & Fees: Keep license fees, gaming taxes, and renewals up to date to avoid penalties.

Industry Updates: Universal Reciprocity & FCT-LRO

The Federation of State Gaming Regulators of Nigeria (FSGRN) recently introduced a Universal Reciprocity Licensing Agreement, allowing operators to get one license recognized by participating states — streamlining operations and compliance.

In the FCT, the Federal Capital Territory Administration has set up the FCT Lottery Regulatory Office (FCT-LRO) to regulate all gaming activities in Abuja, boosting revenue and ensuring global best practices. Previous NLRC licenses remain valid until they expire.

Key Takeaway

Obtaining a gaming license in Nigeria, especially in Lagos State, requires a detailed application, strong financial backing, technical capacity, and a commitment to responsible gaming. As the industry evolves, staying compliant with new regulatory frameworks is crucial to avoid penalties and protect your business.

How O.I.D. Legal Consult Can Help

Our Corporate & Commercial Law Team at O.I.D. Legal Consult provides practical guidance on:

• Preparing and submitting your gaming license application

• Ensuring compliance with local and regional regulations

• Advising on licensing under the new Universal Licensing Agreement

• Resolving any disputes or compliance issues

📞 Talk to Us Today📧 Email: oidlegalconsult@outlook.com🌐 Website: www.oidlegalconsult.com📱 Tel/WhatsApp: +2349058454839