Owners of Major Sport Betting Companies in Nigeria and their Networth – Why You Need to Know


The economic melt down and the various shakeup in the country has left quite a number of persons either as unemployed, underemployed or what we call volatile employment.

Sports betting allows you to place a wager on the outcome of a game and win prices for placing correctly.

The reward for betting might not always be money as it’s very common, it could also be gadgets or physical goods. Soccer betting is very common. Perhaps because soccer is one of the most popular sports all around the world. Due to this, there is a huge demand for websites that allow you to place bets on soccer games, and luckily, we have many of them in Nigeria.

When I say Sport betting is the ‘new oil business’ in Nigeria, you may not understand how the industry has greatly distrupt the distribution of wealth and the creation of a whole new set of young millionaires in the country. You will not understand until you meet the major players in this industry, largely under 40 years CEO who has become great millionaires in dollars.

With a promise of making one wealthy and erasing poverty for either a short time or a long time, sports betting is the 21st century gold mine especially in Nigeria, as we’ve had young persons become millionaires over the night without picking up arms or doing any fraudulent or shady activity.

Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports pundits  place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run sports enterprises.

Sports betting is fun, adventurous and rewarding for those who have mastered the art of correct prediction, which for a lay man, is the ability to forecast or tell the result or outcome of a given sports event.

Benefits of Sport Betting

Foremost and maybe most importantly, sports betting presents you an avenue for extra cash. This is possible as #100 can accumulate a million or more or even larger sums depending on what events are staked.

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Secondly,sports betting presents you the opportunity to be analytical.

Thirdly, sports betting makes one an unofficial pundit and gives room to have ego boosting, bragging rights. You could tell your friends, ‘I told you so’.

To get the needed accuracy and not throw money off as waste, one can take advantage of certain sites that have been created with the sole intentions of helping you make analysis, these sites make use of data analysis and machine algorithm techniques to evaluate events and predict possible outcomes.

We thought to let you know the owners of the major sports betting sites  and companies in Nigeria and a look at their networth as at the end of 2020.

1. Owner of Bet9ja
The owner of Bet9ja and chairman is Kunle Soname. It`s one of the richest people in Nigeria. He was the first Nigerian to buy a top European football club – Clube Desportivo Feirense. Kunle Soname secured over 70 percent of the top Portuguese football club. He is also the President of Remo Stars Football Club, a Nigeria Peofessional Football League (NPFL) Team.

Kunlo Soname graduated from Lagos State University. He previously worked as Ikosi-Isheri Local Council. His main sphere of work is football. Therefore, he is responsible almost for every football event in Nigeria. He has been responsible for marketing and sponsorship activities of Nigeria National League since 2011. Today, Bet9ja is the exclusive Sponsor of NNL.

Soname net worth is over $132 Million as at the end of 2020.

2. Owner of Nairabet
Akin Alabi is founder of Nairabet. Nigeria’s first sports bookmaking company. A seasoned entrepreneur and philanthropist from Nigeria. He is the author of the business and marketing book, Small Business Big Money and also the founder of NairaBET.

Before Nairabet and politics, Akin Alabi was a well know internet marketer known especially for organizing some well attended seminars on information and internet marketing sometimes in partnership with the Success Digest owners. He made thousands of dollars selling information products and other digital items through ClickBank and other affiliate platforms

Akin Alabi is the Mogaji (Head) of Ajiwogbo compound in Ibadan. He was appointed as Otuban by the Olubadan of Ibadan, HRH Saliu Adetunji

Alabi is net worth is over $45 million as at end of 2020.

3. Owner of Merrybet
Opeoluwa Fashakin is the owner of Merrybet Gold Limited. the name Opeoluwa Fashakin may not ring a bell in your ear.this is because he is more of a business man who doesn’t like too much publicity. He is also the founder and CEO of EpaySystem.

Fashakin is a graduate of computer science from Lagos State University LASU and had held position of a regional manager for Maxipoint Server Africa.

Fashakin net worth is now over $41 million as at the end of 2020.

4. Owner Of Surebet247
Sherif Olaniyan and Olasupo Badmus are founders Chessplus International owners of Surebet247.  Sherif Olaniyan double as both MD/CEO of Surebet247 and his latest venture Money farm. He read Geography from University of Ilorin.

Sherif Olaniyan and Olasupo Badmus Started as roommates at university of Ilorin where they decided to go into business partnership with Chessplus International ltd aimed at innovating a Playstation kind of gaming program. At graduation they went into the online enterpreneurship scheme which metsmorphed into Surebet247.

Sherif Olaniyan and Olasupo Badmus networth is over $25 million.

5. Owner Of Winners Golden Bet (WGB)
Idowu Osuolale Obasa is the founder, Chief Executive Officer ofWinners Golden Bet (WGB), promoters of Golden Bet Lotto. Obasa made his mark in management, media and business in over three decades of working. Obasa also  co-founded Independent Communications Network Limited, Publishers of The News magazine.

Idowu Osuolale Obasa networth is estimatef to be about $10 million as at the end of 2020.

6. Owner of Betking
Adekunle Adeniji co-founded BetKing with CEO Byron Petzer  and made Austin Okocha brand Ambassador as a norminal partner.

Adekunle Adeniji first work as manager virtual products at Bet9ja before he went on to co-found BetKing, since then he has also founded Micserah and most recently, Lofit Gaming Network Ltd.

Adekunle Adeniji networth is over $7.9 million as at the end of 2020.

7. Owner of AccessBET
Cosmas Adetayo founder TM Gaming Network Ltd, AccessBET. He is seasoned online entrepreneur also founder Comas Whyte media ltd, Chief Editor Page1Magazine, co-founder CosBID.. graduate of Business Administration, Obafemi Awolowo University Ile Ife.

Cosmas Adetayo networth is over $7.1 million as at the end of 2020.

8. Owner of 1960Bet
Dotun Ajegbile is founder and MD/CEO of 1960bet, registered as Nigeria Winners Bookmaker Company Ltd. Ajegbile is a graduate of Lagos business school and also owner of Dotun Ajegbile Foundation with initiative to improve the lives of youths irrespective of gender or tribe in Nigeria.

Dotun Ajegbile is one operator really facing hard time and his networth has dwindled from about $15 million to about $8 million as at the end of 2020.

9. Owner of SportyBet
Sudeep Dalamal Ramnani is the Founder and CEO of Sportybet and made Nwankwo Kanu as brand Ambassador. SportyBet is an international sports betting and real-money gaming operator that delivers an omni-channel entertainment experience in regulated emerging markets.

Sudeep is also an investor in Fintech and mobile payments and an advocate of the growing African internet ecosystem.  He is Executive Director @ D&S Trading Co Ltd and Managing Director / Founder @ Gorilla Beverages Ltd.

Sudeep Dalamal Ramnani is of India nationality but based in London. He is a graduate of Economics from London School of Economics and Political Science, as well as Chartered School.

Sudeep Dalamal Ramnani networth is over $15 million as the end of 2020.

10. Owner of NaijaBet
Who is the owner of NaijaBet?
Comment below if you know the answer…we consider NaijaBet as one of the major brands in the industry.

We already know Naijabet is a product of Kreativ Intergrated Concept and Management Ltd. But we want to know who is the major shareholder and findout his or her networth.

11. Who is the owner of 1xbet?

Not much seems to have been written or said about the owner of 1xbet but as stated on www.sportytrader.com, 1xbet, which is one of the world’s leading sports betting platforms, is owned and managed by 1X Corp N.V –a company located in Cyprus. Notably, 1xbet is one of the most-visited sports betting sites in African countries inclusive of Kenya and Nigeria. 



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