Gaming has long been popular the world over, but the classic casino games of blackjack, poker, roulette, craps, and slots, continue to gain ever more followers, especially in Nigeria. Previously, Nigerians have traditionally enjoyed land-based lotteries and sports gaming, but things are changing.

In the 1990’s, the country saw new policies and legal structures put in place to regulate the gaming markets. Changes to the 1990 Criminal Code Act allowed multiple forms of gaming to be officially legalised.  The government recognised this was a way to generate considerable tax revenues for the country, while also ensuring a safer and more reputable gaming environment for players to enjoy.

In Nigeria, the online games market is expected to generate a revenue of over US$185m by the end of 2024. With an estimated annual growth rate of 6.88%, that figure is expected to reach US$226m by 2027.

Reasons behind gaming growth in Nigeria

Culture change

The changes to Government regulations have created a cultural shift in attitudes towards gaming. Today, online gaming is no longer frowned upon as an anti-social activity, instead it is considered a normal and fun way to spend leisure time.

The success of the gaming industry has not only increased tax revenues, but driven job creation and economic growth. This thriving sector has brought growing innovation and investment, and helped modernise the economy with new skills and technology.

Spread of the Internet

Without the internet there would be no online gaming boom. Therefore, the rise in internet penetration across the country has had a significant impact on the spread and popularity of games such as online slots.

In 2022, the estimated number of internet users in the country was 83 million, and continuing to increase year on year. By 2027, the number of internet users is expected to increase to around 48% of the population (approximately 110 million), giving even more Nigerians the ability to experience online gaming.

Smartphone Penetration

Having a smartphone means online gaming is available to users anytime and anywhere they want. No more waiting for your favourite game, travelling to a physical casino, or having to worry about opening times and dress codes.

Today’s gamers can choose to play their way, including from the comfort of their own home. And as smartphone penetration continues to increase, the popularity of online gaming will continue to grow too.

There are an estimated 170 million mobile subscriptions in Nigeria, but only around 20 percent of the population actually uses a smartphone. The majority of mobile users in the country still use “thick” mobile phones that have no internet connection.

However, that number is rising and in 2027, around 51% of all internet users are expected to access the internet, and online games, through a smart phone.

Game Choice

Classic casino games such as blackjack, roulette, poker, and craps, are amongst the most popular online choices for many players. But the most successful online game of all, is slots. With impressive graphics, multiple exciting themes, and big prizes on offer, it’s no surprise slots are such a hit with gamers.

Slots are an exciting, easy to play game. They are easily accessible and online operators have a huge variety of games to choose from, ensuring players are guaranteed to find a game that suits them.

Many online casinos offer new players bonuses for signing up, these can take the form of free spins. They are a great way for new players to gain some experience and learn how to play.

Competition

With more and more people discovering the joys of online gaming, the Nigerian online gaming market growing at a rapid pace and attracting ever more competition to the sector. This drives innovation in the sector, and means providers strive to create ever more impressive games for players to enjoy. Better, more immersive games inevitably attract even more users to online platforms and help the gaming industry grow.

Fun

Ultimately, the reason behind the success of online gaming and slots in particular, is because they are fun to play. Plus, gamers even have the chance to scoop a jackpot and win some money.

Growing Population

Nigeria is Africa's most populous country, with an estimated population of around 220 million. That is forecast to continue to grow at between two to three percent a year, making it one of the fastest growing countries in the world.

With growing smartphone use, a growing population, and greater competition in the sector, the online gaming sector in Nigeria looks set for continued success.