House of Rep wants sports betting Players to link their Accounts with their NIN

 

 

The House of Representatives has asked the Federal Government, to ensure that online betting customers link their accounts with their National Identity Numbers.

The House directed the National Lottery Regulatory Commission (NLRC) to ensure that all gaming operators in Nigeria integrate the National Identity (NIN) in their data collection.

Ibrahim Isiaka moved the motion on Thursday, in which he disclosed “that the global gaming market is undoubtedly a huge one estimated to generate between $400 to $500 billion yearly and with the consistency of the current trends, by 2022, it is set to be worth around $565 billion with increasing amounts of revenues coming from online gaming in its many forms.”

He expressed concerns that the customers are mostly anonymous, noting that with the level of transactions, it is risky to have poor data.

According to Isiaka, being mindful that with age-restricted businesses like casinos and online gaming platforms is an age restricted business, and the critical barrier to entry for customers is age and identity verification, therefore there is an increased need for such verifications in virtual situations, in order to secure both the customers and the operators.

He added that it is imperative, for regulators to place a premium on data security of gamers, and gaming operators and that the one readily available way to achieve this, is to integrate the National Identity Numbers (NIN) into the data collection of both new and existing customers.

The motion was taken without debate, and the House mandated the Committee on Governmental Affairs to ensure compliance with the resolution.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *