Who is the Owner of Betking

Betking is one of the most popular bookmakers in Nigeria, and arguably among the top five betting companies today. They offer sports punters and casino players a chance to make predictions on gaming events and win.

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Betking Official Info

1.1

BEST BONUSES BETKING

Having its headquarters in Lagos State, with its over 100,000 employees, Betking has betting shops littered around the country, pleasing its thousands of customers.

  • Company Name: SV Gaming Ltd T/A Betking
  • Founded: February, 2018
  • HQ Address: Plot 197, Adeleke Adedoyin Street Lagos NG, Off Kofo Abayomi St, Victoria Island 101241, Victoria Island.
  • Subsidiaries: KingMakers Nigeria Ltd.
  • Global Presence: Nigeria, Kenya, Ethiopia, Ghana, and more.
  • Key Personnel: Gossy Ukanwoke (Managing Director), Austin Jay Jay Okocha (Brand Ambassador), Toyin Pinheiro (Chairman)
  • Owners: Byron Petzer (CEO)
Betking Nigeria
Betking Official Info
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Betking History

Betking was birthed and launched in Nigeria on the 22nd of February 2018 by Byron Petzer and Adekunle Adeniji. Betking is the trademark name of Lake Ventures Ltd, a pan-African sports betting and entertainment business concern.

The company, in 2020, entered into partnership with the Lagos Employment Trust Fund. This has had a positive effect on the state as it has led to a creation of over 100,000 jobs. Every year, this number is increasing. In September of the same year, MultiChoice broadcaster, bought a 20% stake in Betking, and increased that stake to 49% in 2021.

Betking has outlets in the major cities in Nigeria. It is licensed by the Anambra State Gaming Company, the Lagos State Lotteries Board, and was issued a gaming license by the Osun State Government. The bookmaker is also licensed by the National Lotteries Board.

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2.1

Who is the Owner of Betking in Nigeria

Is Okocha owner of Betking?
Betking CEO Byron Petzer

The question of who owns the Betking company is one that needs some explanation. The Betking owner is the German international, Byron Petzer. He is the Betking CEO, Chief Executive Officer. However, as to who owns Betking in Nigeria, it was co-founded by Petzer and Adekunle Adeniji, a Nigerian entrepreneur. Combined, both men have a pedigree of business program development and betting experience.

Adekunle Adeniji was the first employee of Bet9ja, a company he left to kick off Betking and SV Gaming alongside Byron Petzer. He has good tech-business experience in gaming and lottery. Unfortunately, he is no longer a part of Betking, as he has since left.

When Betking services was officially launched in Nigeria, it revealed the African football legend Augustine Azuka Okocha, popularly referred to as Jay Jay Okocha, as its brand ambassador.

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Betking Net Worth

In 2020, after acquiring an initial 20% stake in Betking, MultiChoice the South African pay TV broadcaster, increased its shareholding to 49% in a 281.5 million USD deal, which was ratified in June 2021. MultiChoice’s initial investment value in Betking was said to be worth over 100 million USD.

For the end of the financial year, December 2020, Betking’s annual report showed a growth in revenue to 77.9 million USD, from 54.7 million USD the previous year. While, net asset value stood at 100.2 million USD. It's expected that the sports betting ecosystem will grow at CAGR (Compound Annual Growth Rate) of 10%.This is estimated at 134 billion USD, between 2020 and 2024, according to Technavio.

It is reported that about 60 million Nigerians between 18-40 years old, are actively involved in betting. Almost 2 billion NGN is spent daily on sports betting, which is nearly 730 billion NGN yearly. Outstandingly, Africa accounts for just 2% of sports betting revenue worldwide.

In Nigeria, Betking is among the big betting players that dominate the betting industry. The regional market is poised for significant growth, and at the end of 2023, it is expected that Betking's net worth would soar towards the 500 million USD mark.

Net worth Betking
Betking net worth
Betking Nigeria App
Betking Nigeria App
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Betking Office in Nigeria

There are a number of Betking offices in and around Nigeria where you can get information about operations and how to be an agent, KingMaker. Here are some of them:


4.1

Lagos Office

  • 7FIB Plaza, opp. Chicken Republic, Jakande Gate B/S, Ikotun Rd, Lagos;
  • 1A Isolo Road, behind Total Petrol Station, Mushin Lagos;
  • 5 Ojo Igbede Rd, St. Peter B/S, Alaba international, Lagos;
  • 29 Pade Odanye Cls, behind Trevo, Adeniyi Jones, Ikeja-Lagos.

4.2

Onitsha Office

  • 66 Old Market Rd, opp. MTN Office, Onitsha, Anambra;
  • City Mall, beside Zenith Bank, Ogboefere Onitsha.
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4.3

Benin Office

  • 187 Sapele Road, opp. Domino's Pizza, Benin City;

4.4

Port Harcourt Office

  • 199 Ikwere Road, along UST roundabout, Port Harcourt.

4.5

Betking Shops in Nigeria

Shop NameAddressWorking Hours
Olamt Betking Shop8 Fabiyi Street, Lagos8.30 am - 9:30pm
Betting Agency14 Abiodun Adeyemi Str. Ojodu Ikeja, 0813 794 97978am - 10.30pm
Betking Agent ShopAbakaliki, Ebonyi 0902 339 7982Open 24 hours
Betking NigeriaCorporate office, Ikeja 01 277 72478.30 am - 9:30pm
New Betking OfficeIjoko, Lagos 0901 580 54578.30 am - 9:30pm
Betking AgentIkeja, Lagos 0902 552 08338.30 am - 9:30pm
Off track betting shopIjoko, Lagos 0815 117 78798.30am - 10:30pm
Betking PartnersBusiness center, 1A Isolo Rd, behind Total filling station, Lagos 0903 467 26348.30am - 10:30pm
Betting agencyOjokoro8.30am - 10:30pm
Nadico Investment Betking Shop, Cafe39 Ariyo Street, 0802 715 70238.30am - 10:30pm
Nairabet ShopIkeja, LagosOpen 24 hours
Betking OfficeOndo, 0706 321 04578.30am - 10:30pm
Betting agencyIfe, Osun 0905 933 2579N/A
Off track betting shop2nd Floor, Dawulola Plaza, Festac, 22 Rd8.30 am - 9:30pm
BETKING OFFICEBenin City, 0907 305 4211N/A
Betking Shop/FirstMonie Shop (Fredehimama)Benin City, 0817 824 16028.30 am - 9:30pm
Jillion Betking ShopAkure, 0803 496 28108.30 am - 9:30pm
A-z bet shop Betking0803 046 1939Open 24 hours
Betking Mega ShopIgueben, 0814 569 6028N/A
Home Goods StoreBenin City8.30 am - 9:30pm
Teknix Betking Off track betting shopIworokoN/A
Betking Office Off track betting shopNnewi, 0803 971 86798.30 am - 9:30pm
CHURGHALE ENTERPRISEPort Harcourt, 0803 828 55988.30 am - 9:30pm
BETKING SHOP Betting agencyPort Harcourt, 0704 445 98768.30 am - 9:30pm
Kolombo Betking shop, Betting agencyNkpor, 0806 305 5758N/A
Betking Onopa Off track betting shopYenagoa, 0706 698 89967pm
Betking Office Betting agencyUyo, 0903 646 5742Open 24 hours
Betking Dealers CenterOnitsha, 0703 248 92638.30 am - 9:30pm
Betking Shop jay jay Betting agencyEnugu, 0805 543 8171Open 24 hours
Cj Betking Shop Corporate officeOtulu, 0703 382 41038.30 am - 9:30pm
Off track betting shopGwagwalada, 0703 236 36748.30 am - 9:30pm
Corporate officeIkom, 0706 808 3673Open 24 hours
Betking Office Betting agencyMakurdi, 0806 460 7506N/A
Shopping mall Agulu0803 775 0322Open 24 hours
Betking Mega Shop Betting agencyUyoOpen 24 hours
Betking Office CafePort Harcourt, 0703 490 4634Open 24 hours
Betking AgentOff track betting shopUyo, 0806 943 4051N/A
Betking A-Class ShopEnugu, 0803 500 32358.30 am - 9:30pm
BETKING (HARRY BETTING SHOP)Awkuzu, 0816 715 92607am-9am
BET KING SHOP CHURGHALE ENT.Betting agencyPort Harcourt, 0803 828 55988.30 am - 9:30pm
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Betking Nigeria Author’s Conclusion

Alisa Barladyan
A while back someone asked me several questions about Betking. And a part of that information was that, "Is Okocha owner of Betking?" That conversation showed that users pay attention to Betking's betting offers, but knowing the bookies background details and current state, equally, is an important matter to them. Obviously, Betking is one of the top rated bookmakers in Nigeria. With a strong establishment history, it has created a significant number of jobs in Nigeria. It has a solid financial backing and massive growth and expansion potential. Betking already has offices and shops all over the country and more to follow. The bookmaker's vision is clear for all to see, and observing their socio-economic trajectory, I personally think they'll be an outright number if they continue at it. Obviously, Betking is one of the top rated bookmakers in Nigeria. With a strong establishment history, it has created a significant number of jobs in Nigeria. It has a solid financial backing and massive growth and expansion potential. Betking already has offices and shops all over the country and more to follow. The bookmakers vision is clear for all to see, and observing their socio-economic trajectory, I personally think they'll be an outright number if they continue at it.
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FAQs

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Who is the CEO of Betking Nigeria?
Byron Petzer is the Betking CEO, Gossy Ukanwoke is the Managing Director, while Austin Jay Jay Okocha, is a Betking brand ambassador.
Does Betking have headquarters in Nigeria?
Yes. The Betking HQ is at 29, Pade Odanye Close, Behind Trevo building, Adeniyi Jones, Ikeja, Lagos.
How to contact Betking in Nigeria?
Send an email to: [email protected], or call 017005581/012777247
How can I become a Betking agent?
Go to the Betking site and click BECOME AN AGENT. Read the requirements to become an agent, then fill the online form and submit. Customer support will contact you. You can also mail - [email protected], or call 09034672634, 07067740137
How do I register on Betking?
Click the JOIN NOW button on the homepage, enter the required sign up details and register a new account.
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