JUST IN: Bet9ja, Others To Make NIN Mandatory For Customers - DAILY GIST
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JUST IN: Bet9ja, Others To Make NIN Mandatory For Customers

Adam PR by Adam PR
June 24, 2022
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JUST IN: Bet9ja, Others To Make NIN Mandatory For Customers
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Bet9ja and other gaming operator customers in Nigeria may soon be submitting their National Identity Number (NIN).

This is coming following a fresh directive from the House of Representatives, DAILY GIST reports.

The house of reps directed the National Lottery Regulatory Commission, to ensure that Bet9ja, Nairabet, BetKing and other gaming operators in Nigeria integrate the National Identity Numbers (NIN) of customers into their database.

The resolution was sequel to a unanimous adoption of a motion by Ibrahim Isiaka (APC-Ogun) at plenary.

Presenting the motion, Isiaka said, “the global gaming market is undoubtedly a huge one, estimated to generate between $400 to $500 billion yearly and with the consistency of the current trends, by 2022, it is set to be worth around $565 billion with increasing amounts of revenues coming from online gaming in its many forms.”

He expressed concerns that the customers are mostly anonymous, noting that with the level of transactions, it is risky to have poor data.

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“Mindful that with age-restricted businesses like casinos and online gaming platforms, the critical barrier to entry for customers is age and identity verification, therefore, there is an increased need for such verifications in virtual situations in order to secure both the customers and the operators.

“Imperative for regulators to place a premium on data security of gamers and gaming operators and one readily available way to achieve this is to integrate the National identity Numbers (NIN) into the data collection of both new and existing customers”, he added.

In his ruling, the Speaker of the house, Femi Gbajabiamila, mandated the Committee on Governmental Affairs to ensure compliance.

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