• Latest
  • Trending
  • All
Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children

Yuletide: Oyo Govt Warns Companies Against Unregistered Promotional Lotteries

November 22, 2021
Oyo 2027: APM Unveils Ogbomoso-born Muftau Open Salawu as Deputy Guber Candidate

Oyekunle ‘Don’ Hails Emergence of Open Salawu as APM Deputy Guber Candidate

June 18, 2026
Oyo Assembly Service Commission Pledges Improved Performance, Presents Annual Report

Oyo Assembly Marks 3rd Anniversary With 36 Laws, 276 Resolutions Passed

June 18, 2026
Akinyele’s Turn or APC’s Risk? Rotation, Reality and Representation in Lagelu/Akinyele Federal Constituency

LG Election: We Will Not Participate – Oyo APC

June 18, 2026
Makinde Confirms Killing of Teacher, Injuries to Security Operatives in Oriire Rescue Effort

Oriire Abduction: Makinde’s Response Reflects Leadership Needed in Security Crises – OID

June 18, 2026
God Reveals Oyebanji Will Retain Ekiti Governorship — Prophet Ajilore

God Reveals Oyebanji Will Retain Ekiti Governorship — Prophet Ajilore

June 18, 2026
Oyo 2027: APM Unveils Ogbomoso-born Muftau Open Salawu as Deputy Guber Candidate

Open Salawu’s Emergence As Deputy Guber Candidate Reflects Competence, Inclusiveness – Oyo LG Chairmen

June 18, 2026

What Are Synthetic Indices in Forex? Types, Risks, and Trading Tips

June 18, 2026
Oyo APC Chieftain, Senator Adeseun, Sends Delegation to Iresa-Adu Security Meeting Amid Calls for Oba

Oyo APC Chieftain, Senator Adeseun, Sends Delegation to Iresa-Adu Security Meeting Amid Calls for Oba

June 18, 2026
Oyo 2027: APM Unveils Ogbomoso-born Muftau Open Salawu as Deputy Guber Candidate

Oyo 2027: APM Unveils Ogbomoso-born Muftau Open Salawu as Deputy Guber Candidate

June 18, 2026
ICIR Writes Petition Against BCOS Board Chair Over Alleged Religious Discrimination

ICIR Writes Petition Against BCOS Board Chair Over Alleged Religious Discrimination

June 17, 2026
BCOS Workers Protest Salary Delay, Allege Victimisation of Union Leaders

BCOS Workers Protest Salary Delay, Allege Victimisation of Union Leaders

June 17, 2026
Oyo Babaloja General, Abass, Congratulates New Trade Commissioner, Saani

Oyo Babaloja General, Abass, Congratulates New Trade Commissioner, Saani

June 16, 2026
">
ADVERTISEMENT
  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Thursday, June 18, 2026
  • Login
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview
No Result
View All Result
No Result
View All Result

Yuletide: Oyo Govt Warns Companies Against Unregistered Promotional Lotteries

by InsideOyo
November 22, 2021
in General News
0
Oyo Govt Sets For 2nd Phase Of Polio Vaccination Exercise For Children

RelatedPosts

What Are Synthetic Indices in Forex? Types, Risks, and Trading Tips

ICIR Writes Petition Against BCOS Board Chair Over Alleged Religious Discrimination

Bodija Rainstorm: Babaloja General Mourns Dead, Urges Traders to Move to Safer Shops

As the Yuletide period approaches, Oyo State Gaming Board on Sunday said it is ready to begin strict enforcement of banning companies that engage in unregistered promotional lotteries in the state.

This is as the Board also warn residents and people of the state to beware of companies and organisation who would begin to lure them with unrealistic gift offers all in the name of promotional lotteries.

ADVERTISEMENT

The Director-General, Oyo State Gaming Board, Mr. Olajide Boladuro, made the disclosures during a media briefing, heralding the annual interactive stakeholders forum of the Board which held at the Horizon Suite hall, Oluyole, Ibadan.

The two days stakeholders Forum is billed to commence with a road show on Tuesday (tomorrow) while the Stakeholders Forum which will also have two panel sessions comes up on Wednesday.

A dinner and award night will also follow to give recognition and commendations to deserving operators and other stakeholders in the sector.

ADVERTISEMENT

Speaking on the challenges of unregistered promotional lotteries in the state, Boladuro said the trend has been on the rise lately due to the approaching end of the year realities.

He said: “In actuality, it has been a challenge with the likes of companies that engage in promotional lotteries. I don’t want to mention names, but they know themselves. It is coming to the end of the year where they have all this promotional lotteries.

“We have written to all the companies and from our investigations around the state, we have given them warnings, we have written to them. We are not getting a lot of response.

“I want to use this press conference again to communicate to them, because the next thing that will proceed the letters, appeals to all this companies will be strict enforcement.

“We are going to lock up their gates. So, you cannot be bigger than the government. This is in our law. If you look at the Oyo State Gaming Law 2018, promotional lottery is embedded in our laws.

“Banks, telecoms that give announcements about what they can do on the recharge cards or whatever to their customers, are supposed to register with the Oyo State Gaming Board and there is a fee you pay for that registration for you to embark on those kinds of activities.

“After our stakeholders’ forum, there are plans in place, especially in this festive period to engage those companies that have not complied with our warnings for them to do the needful going by the law of the state.

“The Oyo State Gaming Board is a gaming regulatory agency of the Oyo State Government vested with the powers and functions of regulating betting/gaming operations through registration and issuance of licences/permits, monitoring, inspection of gaming activities and protecting the interest of all stakeholders in the gaming industry in Oyo State, Nigeria.”

“The Board regulates all categories of gaming operations such Lotto/Lotteries, Pools Betting, Sports Betting (online and offline), casinos, telephone/scratch cards/interactive games, virtual gaming, promotional competition, arcades/gaming machines and any other type of gaming operation in the state.”

As part of building a synergy with Stakeholders while working with the realities of the gaming market in the state, Mr. Boladuro hinted that, the board initiated a stakeholders’ interactive forum as a way of informing, engaging stakeholders, including the registered and prospective gaming operators, financial service providers, related agencies and ministries, media and members of the public on the present business clime.

“Over 70 percent of gaming agents have been duly registered and has obtained their permit from the board. 75 percent effective enforcement exercise on erring operators/ agents.”

“Ninety percent compliance on gaming regulations and completion of documentation process. Prompt payment of monthly taxes and other statutory levies.

“Elimination of backlog of liabilities by operators and effective payment plan. Prompt verification and reconciliation of payment and financial status with operators,” he disclosed.

Boladuro, however, reiterated that, the board had been carrying out surveillance and due diligence on underage persons (below 18) found within betting shops/kiosks.

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Threads (Opens in new window) Threads
  • Email a link to a friend (Opens in new window) Email
  • Share on Bluesky (Opens in new window) Bluesky

Like this:

Like Loading…
Tags: oyo state news
Previous Post

INTERVIEW: What President Buhari Must Do To Unite Nigeria – Makinde

Next Post

Oyo Reps Member, Akande-Sadipe, Empowers Constituents With 15 Cars, 35 Laptops, Over 165 Vocational Equipment

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

What Are Synthetic Indices in Forex? Types, Risks, and Trading Tips

by InsideOyo
June 18, 2026
0

Financial market trading has created a new stream of income for many people, providing access to a wide range of...

ICIR Writes Petition Against BCOS Board Chair Over Alleged Religious Discrimination

ICIR Writes Petition Against BCOS Board Chair Over Alleged Religious Discrimination

by Adebola Sanmi
June 17, 2026
0

Traditional religion adherents under the auspices of International Council for Ifa Religion (ICIR) have raised an alarm over alleged religious...

Bodija Rainstorm: Babaloja General Mourns Dead, Urges Traders to Move to Safer Shops

Bodija Rainstorm: Babaloja General Mourns Dead, Urges Traders to Move to Safer Shops

by Olayi Abide
June 15, 2026
0

The Babaloja General of Oyo State, Asiwaju Yekeen Abass, has commiserated with traders at Bodija Market following a rainstorm that...

Sujimoto Warns Public Over Fake Website Claiming Affiliation With Firm

by Adebola Sanmi
June 14, 2026
0

Sujimoto Group has disowned a fraudulent website operating at _https://www.sujimotonigpro.com_, saying it has no connection to the platform or any...

Next Post
Oyo Reps Member, Akande-Sadipe, Empowers Constituents With 15 Cars, 35 Laptops, Over 165 Vocational Equipment

Oyo Reps Member, Akande-Sadipe, Empowers Constituents With 15 Cars, 35 Laptops, Over 165 Vocational Equipment

Please login to join discussion

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Click to download InsideOyo.com App

Join Our WhatsApp Group

Copyright © 2025 Inside Media

Navigate Site

  • InsideOyo
  • Contact Us
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Political News
    • #OyoDecides – Oyo Elections 2023 I Live Updates
  • General News
  • Special Reports
  • Oyo Campus Gist
  • Jobs
  • Opinion
  • Interview

Copyright © 2025 Inside Media

%d