Tag: Nigeria

The South African government has renewed calls for an economic partnership with the Nigerian state of Lagos, following an earlier attempt to sign a..

South Africa In 2015, PwC South Africa’s senior manager; Sanchia Temkin reported in the annual gambling sector outlook that gaming industry revenues are expected to make a massive rise to R30 Billion (USD$2,17 Billion) in 2019. In later editions of the report in 2017 drafted by Pietro Caliccio and Yolan Naidoo, we see that the predicted rise grew even further...

Sun International is moving ever closer to pulling its operations from Nigeria as an investigation into a regional shareholder dispute appears to be coming to an end. The dispute over operations in Nigeria has roots in 2006 when Sun purchased a 49 percent stake in the Tourist Company of Nigeria (TCN), an acquisition that has since been disputed by fellow...

Nigeria represents an untapped goldmine for visitor spend according to regional tourism experts and with the sector contributing more than one third of national GDP concentrated investment could provide huge dividends. Described by Lonely Planet as a pulsating powerhouse, and by regional experts as an economic cash cow, the West African nation is working diligently to ensure that this recent...

  While Nigeria’s casino industry has been neglected by successive governments, Yahaya Maikori, founding partner of law firm Law Allianz, contends that with a massive potential market, there is still ample opportunity for growth in the country’s land-based gaming sector.   International Casino Review: There have been estimates which have suggested that land-based casino revenues in Nigeria could exceed $70m in 2019,...

Gaming professionals from Brazil to Botswana, Germany to Ghana and Lithuania to Lesotho will be amongst the delegates expected at the inaugural Gaming Africa, Clarion Gaming’s two day conference and learning symposium being held across 24th and 25th October in Johannesburg. Representatives from a total of 47 nations have registered to be part of the free to attend event, including...

A number of regions on the African continent, including Kenya and Nigeria, are seeing a shift in their gaming economy towards a cashless iGaming market, propelled by the rapid expansion of mobile technology.   As the Kenyan government toughened its restrictions on the importation of gaming machines, players in the country were quietly welcoming the country’s first mobile casino app, allowing...

A host of environmental and operational challenges in Nigeria have convinced the board of Sun International to dispose of its share in the Federal Palace Hotel & Casino in Lagos.   In its latest full-year financial statement, Sun International has announced that it is to withdraw entirely from the Nigerian market. Sun owns a 49 per cent stake in the Tourist Company...