The Lagos State Lotteries Board’s primary objectives remains regulating, protecting and promoting the gaming industry. With over 50 licencees across various licence categories operating within the State, significant investment opportunities abound in the gaming sector. Our duty as regulators is to ensure that suitable operators with the required technical and managerial expertise are licenced to ensure responsible and sustainable growth in the industry.
The outlook for the Lagos State gaming industry this year is exciting. Last year ended on a high note particularly as administration of Pools betting, Casino and Gaming machine operations were brought within the scope of LSLB’s regulatory authority. This development clearly positions LSLB to harness the full potential of the gaming sector within the State and has consequentially increased both local and foreign investment in the sector.
As evidenced by the investment friendly administration of His Excellency, Governor Babajide Sanwo-Olu, Lagos is open for business. The administration’s focus on infrastructure, security, power and a streamlined investment process, makes Lagos the preferred investment destination in Africa.
This year, LSLB will give special attention to enlightening Lagosians and stakeholders on the tremendous contributions and impact of the gaming sector on the State. Fundamental matters such as responsible gaming and player protection will be increasingly highlighted.
I want to say a big thank you to all our licenced operators. Indeed the strides made by LSLB would be impossible without your support. I look forward to continued positive partnership as we keep growing the gaming sector in Lagos State.