By SectorWire desk ·
The Lagos State Lotteries and Gaming Authority hosted the Malawi Gaming & Lotteries Authority for regulatory talks. The authorities exchanged experience and discussed emerging trends and approaches to shared regulatory challenges.
The talks help both regulators exchange experience on emerging trends and shared gaming oversight challenges.
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Telecoms and value-added service providers must review gaming businesses on their platforms and verify licensing status within 30 days.
Regulators have declared Stake.com’s gambling operations unlawful in Lagos and 24 member states.
Enforcement targets Stake.com’s directors and facilitating entities following allegations of missing licences, ignored notices and unpaid taxes and levies.
Stake faces an immediate ban across 24 Nigerian states and Lagos blocking over operations lacking relevant licences.
Gaming regulators in Angola and Malawi are exploring a memorandum of understanding following discussions of gaming and lottery regulation.
The exchange provides Malawi officials access to PAGCOR’s regulatory experience.