LASAA partners lotteries and game authority to tackle illegal gaming in Lagos
By Abimbola Mohammed
In a bid to tackle illegal gaming operations in different parts of Lagos, The Lagos State Signage and Advertising Agency LASAA has partnered Lagos State Lotteries and Gaming Authority on strategies to regulate the sector.
According to a post on LASAA Mobile LinkedIn page, the collaboration is aimed at strengthening and ensuring compliance of gaming regulation in Lagos state, as it poses a formidable challenge to Lagos State.
The post read: “Lagos State Signage and Advertising Agency (LASAA) and Lagos State Lotteries and Gaming Authority met to explore collaborative strategies aimed at tackling illegal gaming operations in Lagos State.”
The agency said during the discussion, both agencies emphasized the importance of working together to strengthen enforcement, raise public awareness, and ensure compliance with gaming regulations.
The partnership is aimed at creating a safer and more transparent gaming environment that benefits all Lagosians, while also boosting the overall integrity of the industry in the state.
According to Netsweeper, a developing, dynamic, international website on the implication of illegal game said Analysis the implication of Illegal online gambling undermines the economic fabric of countries in various ways. It deprives governments of potential tax revenue that could be allocated to essential public services such as healthcare, education, and infrastructure development.
Additionally, it perpetuates a shadow economy, diverting money away from legal businesses and legitimate employment opportunities. The unregulated nature of illegal gambling also leads to unfair competition for licensed operators, jeopardizing their viability and impacting the overall economy.
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