Published On: Wed, Aug 16th, 2017

Survey reveals Nigeria rising trend of gambling

nairasLAGOS, (CAJ News) – DRIVEN by the quest for quick money, high rate of unemployment and even greed, betting and gambling are increasingly becoming popular among Nigeria’s bulging youth population and sports fans.
This is according to results of a new public opinion poll released by the country’s leading polling firm.
NOIPOlls, the surveyors, said Nigerians aged between 18 – 35 years, accounted for the highest proportion of Nigerians who engage in the practice.
Some 1 000 randomly selected phone-owning Nigerians participated in the survey.
Quest for quick money (as attributed to by 30 percent of the sampled population), high rate of unemployment (21 percent) and greed (15 percent) have been cited as the main reasons for a rise in betting and gambling.
The margin between winning and losing is wide.
Some 60 percent of Nigerians reported have won a bet ‘few times a month’,while 8 percent have ‘never won’ according to NOIPOlls research.
In reality, betting has positive and negative sides given the recession in Africa’s biggest economy.
Betting has created thousands of jobs directly and indirectly.
Big betting companies have staff strength running into hundreds. Through their associate and affiliate networks, they offer agents a source of livelihood from commissions.
CAJ News

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