The Lagos State government on Friday unveiled a new identity for its Lotteries Board, an agency saddled with the responsibility of regulating lottery and gaming activities in the state.
The state governor, Babajide Sanwo-Olu, during the unveiling of the new identity, said the rebranding of the agency is to enable it meet up with the contemporary needs of the gaming industry.
Mr Sanwo-Olu, on April 19, assented to the Lagos State Lotteries and Gaming Authority Bill, a law that harmonises the five gaming and lottery regulations which are the casino, jackpot, pool, lotto and sports betting regulations.
The governor said the new law will aid adequate regulation of the gaming sector and checking of fraudulent activities of unregistered game centres within the state.
“With the new law and a new brand identity, the Lagos State Lotteries and Gaming Authority is now poised to conduct business in line with modern technological practices while adopting a more innovative, harmonious, and transparent approach in the regulation of the lotteries and gaming industry.
“The new law will help to institutionalize major reforms in the Lagos Gaming Sector and expand the scope of our lotteries and gaming authority’s operations in accordance with gaming dynamics across the globe,” he said.
The governor added that the gaming regulatory agency has been rechristened from the Lagos State Lotteries Board to the Lagos State Lotteries and Gaming Authority.
He said the rebranding is to align the agency with the vision and core values of his Administration’s T.H.E.M.E.S’ agenda.
“The Authority has been rebranded to set and enforce gaming standards in a responsible and fair manner. The goal is to gain and sustain the trust and confidence of all operators and stakeholders in the lottery and gaming business.
“I assure you that with this newly rebranded agency, all the functional elements of the lotteries and gaming industry will be unlocked to create a new model of gaming in Lagos State,” he said.
The governor urged the Lottery and Gaming Authority to forge a transparent alliance with licensed gaming operators in the state, to create a vibrant gaming industry which contributes to a prosperous and sustainable economy.
“Our Administration is not oblivious to the intergovernmental squabbles over the constitutional responsibilities of the federal and state governments on the control and regulation of the gaming space.
