EFCC uncovers 35 ‘illegal’ betting operators

The Economic and Financial Crimes Commission (EFCC) on Thursday said it has uncovered 35 lottery operators allegedly doing business without core licenses and permits.

It stated this in a series of tweets posted via its verified Twitter handle on Thursday afternoon.

The commission said the discoveries followed an attempt to end tax fraud in the lottery business, adding that only 21 operators and 18 firms were licensed by the National Lottery Regulatory Commission (NLRC).

“The 35 illegal companies’ names were unravelled during an investigation on the operations of lottery companies in the country, supported by a document from the National Lottery Regulatory Commission, NLRC, based on request from the EFCC.

NaijaBet is licensed to operate by the National lottery Regulatory commission

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