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The Lagos State Lotteries and Gaming Authority (LSLGA) has rolled out a new five percent withholding tax on the net winnings of online bettors, with immediate effect. The announcement was made on Thursday by the agency’s Chief Executive Officer, Bashir Are, who confirmed that the tax will be deducted at source across all gaming platforms licensed by Lagos State. This applies regardless of whether the player resides within the state or outside it. According to a public not

The Lagos State Lotteries and Gaming Authority (LSLGA) has implemented a five percent withholding tax on the net winnings of online bettors, a measure that takes immediate effect across the state’s regulated gaming market. The announcement was made on Thursday by LSLGA Chief Executive Officer Bashir Are, who confirmed that the deduction will apply to all gaming platforms licensed in Lagos, regardless of whether the player resides in the state. According to the public notice i