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Who is the Owner of MerryBet in Nigeria?

Often, bettors use betting platforms without thinking about their origin. However, finding more information about your favorite bookmaker can be interesting. In this review, we will provide all available information about the history of the creation of MerryBet and its founder.

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MerryBet Nigeria Overview

MerryBet Nigeria Overview

The bookmaker company is originally from Nigeria. It was initially intended for online casino betting, but in 2013, it received a license and switched to sports betting. 

Official Site

The official website of MerryBet online sport betting platform, is designed in orange and black colors. All tabs and sections do not overlap but are located at a sufficient distance so that the bettor does not get confused. All information is presented in English.

Site navigation will be apparent to both experienced and novice players. On the left, you can find a list of sporting events, as well as use the search for the necessary competitions.

In the middle, the bettor will find matches that are available live. Above them is a banner with changing images: promotions, bonuses, and support contacts. The only negative is that the user cannot switch images himself; the system does this automatically.

At the top right, a site visitor can log in and work with the account there. A little lower, the bettor will see valid and wagered coupons. 

Mobile App

MerryBet apps are available for Android and iOS smartphones. Links can be found on the official website in the “App” section. If you prefer downloading from official stores, it is easier for iOS users — you just need to go to the AppStore and search “MerryBet.” However, Android owners can download mobile software only from the official website. The mobile application is made in the same orange and black colors. All the functions are presented there as on the site’s full version.

Bonuses

MerryBet does not provide bonuses for registering on the website or mobile application. But from the first loss, the player will be credited up to 50% of the bet amount. The platform can also increase the express odds if the user has included more than five events in the coupon.

Sports Section

The MerryBet line covers more than 25 different sports, including football, basketball, hockey, boxing, and MMA. It is also worth praising the bookmaker company for its wide range of e-sports events — for example, Dota2’s The International or League of Legends Worlds.

The platform also accompanies some events with pleasant graphic images that help the user catch the most important information about what is happening.

Who Is the Founder of MerryBet?

Who Is the Founder of MerryBet?

MerryBet organizes clear and open conditions for betting and gambling, but there is very little information about the company itself.

Early History of MarryBet

Unlike many other modern platforms that started with betting and then added casino functionality, MerryBet followed the opposite path. First, a casino appeared, and only then the company received a license for betting activities.

Country of Origin

MerryBet is a native Nigerian company that was founded in this country and has a Nigerian license to conduct betting activities.

The Year of Foundation

The company was founded in 2013.

Introduction of Online Betting in Nigeria

Since the service has been operating in the Nigerian market for a long time, this company was at the forefront of the formation of online betting in this country.

Overview of Founder’s Accomplishments

The founder and owner of MerryBet is Opeoluwa Fashakin. He is not a public figure, so there is little publicly available information about him. He graduated from Lagos State University and managed Epaysystems Ltd from 2008 to 2011. There is no information about whether he was also an employee of this company.

Who Owns MerryBet at the Moment?

Opeoluwa Fashakin is the founder and permanent owner of the company from the first day until today. The management structure has always stayed the same, and ownership has never been transferred.

MerryBet Effect on Nigerian Society

MerryBet Effect on Nigerian Society

The company’s goal is not only to make a profit but also to improve lives and conditions in Nigeria. The company is actively involved in the life of society.

Overview of the Online Betting Industry in Nigeria

The Nigerian betting market is highly saturated and extremely popular among locals. Users can access local companies focused exclusively on Nigerians and international platforms. Currently, the global giants have squeezed out local bookmakers, but services like MerryBet still retain loyal fans.

MerryBet’s Role in Sport and Entertainment Promotion in Nigeria

MerryBet is actively involved in the Nigerian community. For example, in 2017, the company became a sponsor of the Lagos SWAN Cup, and in 2022, it organized an event dedicated to the development of football. The bookmaker actively supports local teams and young athletes and also popularizes sports in Nigeria.

MerryBet’s Contribution to the Nigerian Economy

The company operates legally and regularly pays taxes. It contributes to the development of the country’s economy. In addition, The company supports government initiatives in sports and bears part of the costs.

Conclusion

MerryBet Conclusion

Despite the lack of extensive information about the owner and founder of the betting company, this is a reliable and proven service over the years. MerryBet operates legally in the Nigerian market, and you don’t have to worry about a sudden block or ban from the authorities. Despite its somewhat limited functionality compared to top international companies, MerryBet remains an excellent betting and gambling service.

How old is MerryBet?

The service was founded in 2013; accordingly, in 2023, MerryBet celebrates its 10th anniversary.

What is the highest payout on MerryBet?

The maximum payout is ₦1,000,000.

Which bank is MerryBet using?

The bookmaker works with all English banks. When registering, indicate the one you use.

What is MerryBet’s profit margin in Nigeria?

There is currently no public information about the arrival of the company.

The service has all the necessary permits and licenses to operate in Nigeria. It means that the company is completely legal.

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