Nigeria is one of the fastest growing economies in Africa. Unfortunately, with an acceleration of economic development, online gambling laws in Nigeria remain in the past. They are outdated and effectively means that it is unregulated. As a result, Nigeria has an uninhibited number of online casinos and land based casinos that is comparable to the best in the world.
With a wide selection of casinos to choose from, it can be difficult for the average Nigerian to make the right selection.
The top Nigerian online casinos will offer quality gaming, easy deposit and quick withdrawal methods, plus a safe and secure platform to protect your details and your funded account. We’ve reviewed many online casinos, and summarise the best Nigerian Online Casinos.
Our top Nigerian Online casinos have been vetted by experts. They are passionate about their gaming, and above all want to ensure our readers have the best online gambling experience available. Make sure you choose from our recommended online casinos to first and foremost play safely, and to ultimately to have a lot of fun.
Top 5 Nigerian Online Casinos
- Sloty Casino
- Genesis Casino
- Casino Cruise
Nigerian Online Casinos
Choosing an online casino can be confusing. More often than not, as a player, because there are so many to choose from the first casino that pops up the screen is the first to be played at. Be very careful in selecting a casino, with the first one you see. There are so many types of online casinos, that you should select one that you are comfortable with making a deposit and withdrawal.
Yes, there are several other factors that should also be considered.
Safety and Security – Having a safe and secure online casinos is without question. Your personal information should at all times be protected. By and large the majority of online casinos use the latest in web and app security to safeguard your details. In addition, unless they are a scam site that you connected to via a spam email, the major online casino sites offer all the legitimate payment methods. The security of a payment method is dictated by the payment provider, NOT the online casino.
Game Selection – Most players are open to playing a wide variety of game. Casinos games come in many different themes, cater for the big and small players, and now there are Live Casinos. Live Casinos are streamed direct to your desktop, tablet or mobile device and you can play with multi views. Choosing an online casino should be divided between Live and traditional, since the two are significantly different in playing experience. However, we find that most players aren’t too fussed about the game selection, and in fact, the big online casinos now offer both Live and Traditional RNG casino gaming.
Payment Methods – Outsiders are surprised when they hear that Nigeria is one of the most advanced African nations. But as a local, we know Nigeria has been a the forefront of innovation for many years now. Although the government may not be as efficient and effective as we would like them to be, Nigerians have moved forward. As an example, Nigeria is second behind the US with Bitcoin use. The uptake of Bitcoin is accelerating, and it is opening the doors to many opportunities.
The use of e-wallets, such as Perfect Money, has exploded onto the scene. Many Nigerians have an e-wallet to perform business, for daily transactions, for ease of use. In many ways, the lack of Government initiative has spurred Nigerians to use the latest technological advances.
You will therefore find that Nigerians have a wide range of choices for Online Casino gambling. The best Online casinos will cater for a wide range of payment methods. Undoubted the most popular is fast becoming payment by Bitcoin. E-wallets are also popular, followed by credit card /debit cards and bank transfers.
The reason that bank transfers are last on the list, is that bank account fees and the efficiency and effectiveness of using a bank account is quite poor. In addition, bank account offer a very low interest rate return, forcing holders of the naira to actually become worse off due to devaluation.
Let’s now go through the best Nigerian payment methods for Online Casinos
Nigerian Bitcoin Casinos
Nigerian Bitcoin Casinos are becoming these most popular form of payment method for gambling online. There are many reasons for this occurring.
No need for a Bank – Nigerians know how poor the local banking system is. The Central Bank of Nigeria effectively drives Nigerians to use the local banks which creates a monopoly. And, of course, with a monopoly, banking fees become expensive and the quality of service is slow and poor. With Bitcoin you can avoid using a bank. You won’t need to pay any holding fees, and the transactions costs are extremely cheap. Using Bitcoin instead of a bank, will therefore save you a low of money through reduced administration and transaction fees.
Bitcoin can rise and fall, but the naira will only fall – okay, past performance is not always an indicator of future performance. But when you examine the value of the naira versus the US dollar for the past two decades, you will see that the naira continues to devalue. This is terrible for the average Nigerian who holds naira. On the other hand, Bitcoin has both risen and fallen. Yes, Bitcoin is volatile, that cannot be denied, but at least Bitcoin can rise in value (if not at least maintain value), rather than continue to depreciate like the naira.
Bitcoin is safe – the pioneer of all cryptocurrencies, Bitcoin is safe. If it weren’t the value of Bitcoin would not rise, and it wouldn’t be used by PayPal and other major Bitcoin Exchanges. The safety of using Bitcoin is very much in your hands. You may have heard of some users, losing the key to their wallets. It’s the same as hold cash, and you lose your wallet. The safety of Bitcoin, like any other safe asset, is very much in your hands and you have control of it.
Fast processing – Online Bitcoin Casinos can process your deposit and withdrawal fast. Within a few hours your account can be up and running with Bitcoin in it. Unlike a bank transfer, it won’t take several days.
Bitcoin is easily bought online – There are so many ways to buy Bitcoin in Nigeria. You can buy Bitcoin via Binance, NairaEx, Luno and various other direct exchanges or Peer to Peer platforms. Creating an account at these exchanges is a simple three step process.
- Sign up and Register for an Account
- Account Verification
- Buy Bitcoin with Naira and store in your wallet
There are also Bitcoin ATMs scattered throughout the country, however the popularity of using Bitcoin ATMs is diminishing.
Please NOTE: Nigerians are unable to use PayPal as an ewallet for holding Bitcoin.
Nigerian Perfect Money Casinos
Perfect Money is one of the most popular ewallets in Nigeria. It is fantastic to use, because it not only holds naira, but it has the ability to hold various other fiat currencies and Bitcoin! Using Perfect Money is extremely convenient, and therefore there are online casinos that accept Perfect Money as a payment method. Nigerian Perfect Money Casinos are numerous with plenty to choose from.
Nigerian PayPal Casinos
PayPal is one of the worlds most used ewallets. Unfortunately, PayPal does not hold Bitcoin on behalf of Nigerians, however we anticipate that this change will occur in the near future. PayPal is able to store naira, and therefore it too can be used by Nigerians to play at Online Casinos. Though, PayPal is a global leader of ewallets, we strongly suggest using Perfect as the preferred eWallet.
Legality of Gambling in Nigeria
Gambling is not unlawful in Nigeria. It is also “regulated”, but in all honesty the regulations are so loose that you could describe the industry as unregulated. The Government has installed the National Lottery Regulation Commission to be responsible for most gambling activities and ensures operators of gambling adhere to the Criminal Code Act of 1990. In a very vague (and almost contradictory) ruling, the Criminal Code Act divides gambling between Legal and Illegal activities.
Sports, Lottery and Casino gambling are legal, while roulette, games that involve dice and some card games are illegal. It’s not clear what constitute casino gambling games, since I would have thought roulette is a casino game. The Criminal Code Act does not reference online and land based gaming. We can therefore safely assume that the application of the Criminal Code Act is the same for both platforms. Although, we are not lawyers, on prima facie online casino gambling can be considered as legal.