Market Share of Top 10 Sports Betting Companies in Nigeria [2019]

Sports betting industry in Nigeria grew in total year revenue of N730 billion as at June 2018 to N801 billion in June 2019, that is about 8.8% increase. The top10 betting companies alone garnered a cumulative share of 65.8% of the total market revenue.

Bet9ja still enjoy the lion share of 14.3% which is N114.5billion of total industry revenue, followed by NairaBet 10.8% (N86.5b). NaijaBet and 1xBet occupy the third and forth Position with 7.36% (N58.9b) and 7.33% (N58.7) of total industry revenue respectively. That was a giant leap by 1xbet which moved from 7th place in 2018 to now 4th place...

Top 10 Betting Companies in Nigeria - Market Share AsAt June 2019.
1. 9jaBet..............14.3%
2. NairaBet..........10.8%
3. NaijaBet...........7.3%
4.  1xBet................7.3%
5. Bet365...............5.6%
6. SureBet247.......5.3%
7. Merrybet............4.9%
8. LionBet..............3.8%
9. BetKing..............3.4%
10. WGB.................3.1%

Note: This isn't an official Market research publication. This is our own effort to give our readers someworth grapevine of what the Sports betting market may look like in Nigeria. A lot of limitations in our findings. We couldn't lay our hands on these companies annual report. We relied majorly on our insider from a popular Research and Marketing company in Nigeria.

We can assure you of about 56% accuracy, but there's no controversy. Do further investigation before you make any major decision.

Disclaimer
We are not affiliated to any of the companies listed here and didn't receive any gratification or inducement to publish this post. This is ccour own effort to provide you some insight into some rare information... Let this only inspire further inquisition!