The Lagos State Lotteries Board (LSLB) is the pioneer gaming regulatory body in the Country. LSLB was established by the Lagos State Lotteries Laws Cap L89 2004 Laws of Lagos State (Now Lagos State Lotteries (Amendment) Law 2008). It is responsible for regulating lotteries, sports betting, scratch card & interactive games, casino, gaming machines operations, pools betting, promotional competitions and other gaming activities within Lagos State. When the LSLB commenced operations in 2005, it was entrusted with the responsibility of setting up a regulatory framework that is not only at par with international standards but would also stand the test of time. At the time, coupon/paper lottery was the order of the day and computation of gaming tax was difficult because there was no scientific means of determining the amount payable for Good Causes Projects by operators. Gaming operators could not accurately account for sales revenue, while stakers and players were at the mercy of the operators. The government was losing revenue to illegal gaming activities.
LSLB laid the foundation of what is today a stable gaming industry in Lagos State. The management of the LSLB brought to bear industry experience spanning many years to facilitate the setting up of a platform for monitoring the gaming industry, implementing policies and ultimately promoting the growth of the industry.