Home sports Gov. Obaseki signs new law to regulate sports betting in Edo

Gov. Obaseki signs new law to regulate sports betting in Edo

by Amadu Victor
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According to report reaching oyogist.com, the Edo state Governor, Godwin Obaseki, has signed to law the Edo State Gaming Law 2020, a policy which would help in regulating online sports betting and gaming in the state.

This was made known in a statement issued by the Edo state Chairman, Internal Revenue Service, Igbinidu Inneh, who noted that the new Edo State Gaming Law 2020, would serve as a repeal to the Bendel State Lotteries Edict 1990. He also noted that the new enacted law would help in the increase of the state revenue.

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“The new law will bring value to the gaming industry, restore sanity, rid off illegal and fraudulent gaming operators and ultimately improve the standard of gaming activities in Edo State.

“It would be achieved through issuance of licenses to approved gaming operators and agents upon meeting certain requirements, effective monitoring and enforcement, as well as sanctions of erring operators where necessary,” Inneh said.

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