BtoBet plans roadshow during Sports Betting West Africa Summit

11 July 2017

(PRESS RELEASE) -- BtoBet is organizing an exclusive roadshow in Lagos during the Sports Betting West Africa Summit from 17-19 July.

The company has interviewed the director of Global Gaming Africa, exploring his point of view on the local market. The interview may be downloaded on BtoBet's website.

The Nigerian market for mobile users is constantly growing, and with that comes a host of mobile payments, with 81% of the population using USD, credit cards and sometimes Bitcoin as the preferred payment methods.

Additionally, 67 million people — 45% of Nigerian mobile users — have a strong interest in shopping online and using mobile apps. These are clear signs that operators must consider when planning their business ventures.

During the upcoming Sports Betting West Africa event in Lagos, regulators, operators and tech suppliers from the gambling industry will discuss current trends and the direction of the industry's future. BtoBet's chairman, Alessandro Fried, will attend the summit at the Federal Palace Hotel & Casino, taking part in a panel entitled "Making the most of growing opportunities in Africa." The panel takes place on 18 July at noon.

Commenting on his participation in the Nigerian panel, Fried said, "Nigeria is an extremely promising market for mobile sports betting operators. African countries take differing approaches to the regulation and oversight of their gambling markets. With due attention being paid to the particular needs of each local market, operators can equip themselves to be able to provide the right tools and technology to profit from the enormous opportunities that present themselves across the continent."

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