{"id":5288,"date":"2022-07-24T00:02:37","date_gmt":"2022-07-24T00:02:37","guid":{"rendered":"https:\/\/koriatlaw.com\/?p=5288"},"modified":"2022-07-24T00:02:37","modified_gmt":"2022-07-24T00:02:37","slug":"faqs-on-doing-gaming-business-in-edo-state-nigeria","status":"publish","type":"post","link":"https:\/\/koriatlaw.com\/2026\/2022\/07\/24\/faqs-on-doing-gaming-business-in-edo-state-nigeria\/","title":{"rendered":"FAQs on Doing Gaming Business in Edo State, Nigeria"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

Generally, gaming business in Nigeria is regulated by both\nthe Federal Government of Nigeria and the Government of the State where the\ngaming business is located. The only exception is the Federal Capital Territory\n(FCT) Abuja which is under the administration of the Federal Government of\nNigeria and therefore does not require two-level regulation of gaming\nbusinesses within the FCT. <\/p>\n\n\n\n

A company that is seeking to engage in gaming business\nin Edo State must be registered with the Corporate Affairs Commission (\u201cCAC\u201d)\nas a limited liability company and licensed by the National Lottery Regulatory\nCommission (\u201cNLRC\u201d) and the Gaming Department of the Edo State Board of\nInternal Revenue. <\/p>\n\n\n\n

What categories of games are\navailable for licensing in Edo State?<\/em><\/strong><\/p>\n\n\n\n

Just like in Rivers State, there are Four (4) major\ncategories of games which can be licensed in Edo State, namely:<\/p>\n\n\n\n

  1. Online Sports Betting<\/li>
  2. Pools Betting<\/li>
  3. Casino Gaming<\/li>
  4. Lottery\/Lotteries<\/li><\/ol>\n\n\n\n

    What are the procedure and\nrequirements for the grant of Gaming license in Edo State?<\/em><\/strong><\/p>\n\n\n\n

    The application procedure for gaming is in two levels:\nfirst licence by the NLRC and the second licence by the Board of Internal\nRevenue of Edo State. Please\nread more about costs, requirements and timeline for obtaining gaming licence\nfrom the NLRC here.<\/a><\/em><\/strong><\/p>\n\n\n\n

    With respect to the licence by the Board of Internal\nRevenue of Edo State, the applicant company is required to present a written\napplication to the Edo State Board of Internal Revenue which must be\naccompanied by the following documents:<\/p>\n\n\n\n

    1. Evidence of payment of Application Fee;<\/li>
    2. CAC incorporation documents;<\/li>
    3. Minimum of Two (2) Directors\u2019 Tax clearance\ncertificate;<\/li>
    4. Operations manual disclosing the play and mode of operations;<\/li>
    5. Proof of business address within Rivers State;<\/li>
    6. Business Plan and Feasibility Study;<\/li>
    7. Proof of financial capability.<\/li><\/ol>\n\n\n\n

      What are the applicable taxes to be\npaid by the Applicant?<\/em><\/strong><\/p>\n\n\n\n

      The taxes payable for each category of Gaming is\nhereby tabulated below:<\/p>\n\n\n\n

      \n S\/N<\/strong>\n <\/td>\n Categories of Gaming<\/strong>\n <\/td>\n Applicable Taxes<\/strong>\n <\/td><\/tr>
      \n 1\n <\/td>\n Lotto\/Lotteries\n <\/td>\n 10% percent is paid monthly on all transactions\n <\/td><\/tr>
      \n 2\n <\/td>\n Online sports betting\n <\/td>\n 2.5% percent of total monthly transactions to be\n charged on sales, stakes, bet carried out in Edo state.\n <\/td><\/tr>
      \n 3\n <\/td>\n Pools betting\n <\/td>\n N15,000 (Fifteen Thousand Naira) to be paid weekly\n by company.\n <\/td><\/tr>
      \n 4\n <\/td>\n Casino Gaming\n <\/td>\n N200,000 (Two Hundred Thousand Naira) to be paid\n annually by the company.\n <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      What is the minimum share capital\nfor setting up a Gaming company in Edo State?<\/em><\/strong><\/p>\n\n\n\n

      The nature of gaming business of a company will\ndetermine the required share capital with which it must be registered. Please note that the incorporation of a sports\nbetting and lottery company cannot be completed unless with a provisional\napproval of the NLRC.  <\/p>\n\n\n\n

      Registration\nof companies with CAC can now be completed in 24 hours after submission application\nsubject to fulfillment of the preconditions for incorporation including the\nprovisional approval of the NLRC.\nThe process of company incorporation\nis now\n100% digital.<\/p>\n\n\n\n

      Please note that Edo State has also prescribed N10\nMillion as the minimum share capital to set up Sports betting,<\/strong> Lotteries<\/strong>\nand Casino Gaming<\/strong> companies. <\/p>\n\n\n\n

      However, this does not apply to Pool Betting companies\nwhich may be licensed in Edo State if it is registered with a minimum of N5\nmillion share capital.   <\/p>\n\n\n\n

      What are the Requirements for\nCompany Registration in Nigeria?<\/em><\/strong><\/em><\/strong><\/p>\n\n\n\n

      A\ncompany desirous of setting up\na Gaming business must register the company with\nCAC. Registration of companies with CAC can now be completed in 24 hours after\nsubmission. The registration process is 100% digital.<\/p>\n\n\n\n

      The\nmandatory requirements for company registration with CAC are listed and explained\nas follows:<\/p>\n\n\n\n

      (a)\nTwo Proposed Names of the Company:<\/strong> The Applicant shall be required to submit two (2) Proposed\nNames for reservation. These two (2) proposed names must be submitted to CAC\n(using the online portal) for pre-application name search, screening and\napproval. One of the names may be approved by the CAC within 24 hours. <\/p>\n\n\n\n

      (b)\nProposed Registered Address, Email and Phone Number of the Company<\/strong>: Every company must have its registered\naddress in Nigeria. Also, it is important to provide the email and phone number\nof the company (please note that the email address and phone numbers of the\nshareholders or directors may be used in the meantime). The registered address,\nemail and phone numbers are also relevant for use and record of the tax\nauthorities.<\/p>\n\n\n\n

      (c)\nDetails of Shareholders, Directors and Company Secretary of the Company<\/strong>: The old law that a company must have\nat least two (2) shareholders or two (2) directors has now been abolished by\nthe Companies and Allied Matters Act 2020 (\u201cCAMA 2020\u201d). Now, a company may be\nregistered with at least one (1) shareholder, director and company secretary\nwho must present the following details:<\/p>\n\n\n\n

      1. Names;<\/li>
      2. Home\nand contact addresses;<\/li>
      3. Email\nAddresses;<\/li>
      4. Phone\nNumbers;<\/li>
      5. Date\nof Birth;<\/li>
      6. Occupation;<\/li>
      7. A\ncopy of government-issued means of identity (preferably data page of\ninternational passport); and<\/li>
      8. Electronic\nsignatures.<\/li><\/ol>\n\n\n\n

        (d) Provisional\nApproval of the NLRC (where applicable)<\/strong>: Where the company seeks to engage\nin sports betting and lottery games, it is required to first obtain the provisional\napproval of the NLRC before applying to the CAC for company incorporation.<\/p>\n\n\n\n

        What are the Applicable costs for\nobtaining Gaming License in Edo State?<\/em><\/strong><\/p>\n\n\n\n

        The Applicable costs for obtaining Gaming License in Edo\nState are as below:<\/p>\n\n\n\n

        \n S\/N<\/strong>\n <\/td>\n Categories of Gaming<\/strong>\n <\/td>\n Application Fee<\/strong>\n <\/td>\n License\/Registration Fee<\/strong>\n <\/td>\n Renewal Fees<\/strong>\n <\/td>\n Incorporation\n Cost <\/strong>\n <\/td><\/tr>
        \n 1\n <\/td>\n Online Sports Betting\n <\/td>\n N350,000\n <\/td>\n N5,000,000\n <\/td>\n N5,000,000\n <\/td>\n N175,000\n <\/td><\/tr>
        \n 2\n <\/td>\n Lotto\/Lotteries\n <\/td>\n N350,000\n <\/td>\n N5,000,000\n <\/td>\n N5,000,000.\n <\/td>\n N555,000\n <\/td><\/tr>
        \n 3\n <\/td>\n Pools Betting\n <\/td>\n N200,000\n <\/td>\n N1,100,000\n <\/td>\n N450,000 for the Pools betting company and its\n Agents \n <\/td>\n N175,000\n <\/td><\/tr>
        \n 4\n <\/td>\n Casino Gaming\n <\/td>\n N100,000\n <\/td>\n N400,000\n <\/td>\n N300,000 for the Casino Gaming company and its\n Agents.\n <\/td>\n N175,000\n <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

        The above costs do not include professional fees as\nwell as the licensing\ncosts in respect of the NLRC licence, which is available here.<\/a><\/em><\/strong><\/p>\n\n\n\n

        What is the timeline for processing\nGaming License in Edo State?<\/em><\/strong><\/p>\n\n\n\n

        From our experience, the process for obtaining the license\ntakes about five (5) to ten (10) working days upon submission of all relevant\ndocuments and payment of requisite fees.<\/p>\n\n\n\n

        What is the validity period for\nGaming licenses in Edo State?<\/em><\/strong><\/p>\n\n\n\n

        All categories of Gaming licenses in Edo State have\nthe lifespan of Twelve (12) months, which is renewable for another Twelve (12)\nmonths.<\/p>\n\n\n\n

        Is there any mandatory requirement to\nsubmit monthly report of transactions to Gaming Regulatory?<\/em><\/strong><\/p>\n\n\n\n

        No. There is no mandatory requirement. However, the\nApplicant (Gaming operator) has the discretion to submit its report to the\nBoard of Internal Revenue Service.<\/p>\n\n\n\n

        Please\nread more about costs, requirements and timeline for obtaining gaming licence\nfrom the NLRC here.<\/a><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

        Generally, gaming business in Nigeria is regulated by both the Federal Government of Nigeria and the Government of the State where the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[302,294,303,295,274,275,304,305,296,278,306,307,269,270,279],"class_list":["post-5288","post","type-post","status-publish","format-standard","hentry","category-publications","tag-gamingbusiness","tag-lotterylicence","tag-casino-licence-in-edo-state","tag-casino-licence-in-ghana","tag-casino-licence-in-ibadan","tag-casino-licence-in-nigeria","tag-casino-licence-in-rivers-state","tag-gaming-licence-in-edo-state","tag-gaming-licence-in-ghana","tag-gaming-licence-in-nigera","tag-gaming-licence-in-rivers-state","tag-gaminglicence","tag-lottery-business-in-nigeria","tag-mobile-lottery-licence","tag-national-lottery-regulatory-commission"],"_links":{"self":[{"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/posts\/5288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/comments?post=5288"}],"version-history":[{"count":0,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/posts\/5288\/revisions"}],"wp:attachment":[{"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/media?parent=5288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/categories?post=5288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koriatlaw.com\/2026\/wp-json\/wp\/v2\/tags?post=5288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}