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Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights - Politics - Nairaland

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Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by dre11(m): 8:15am On Jun 21, 2020
Lottery operators back Premier Lotto, Western Lotto fights back

Leke Baiyewu


The clash between betting and gambling firms owned by a Peoples Democratic Party chieftain, Senator Buruji Kashamu; and billionaire businessman and philanthropist, Sir Kensington Adebutu, has got messier.


While Adebutu owns Premier Lotto, Western Lotto belongs to Kashamu.

The battle between the companies over the rights to a Ghana-based game, leading to a N500bn suit, is now being resolved by the House of Representatives.

The House of Representatives had begun its intervention in the crisis on Tuesday. Its Committee on Inter-Governmental Affairs had met with stakeholders in the industry in Abuja, asking that a new date be fixed, pending the time the panel studied the submissions made to it.

Our correspondent obtained some of the presentations to the committee.

At the hearing were the National Lottery Regulatory Commission and Nigerian Licensed Lottery Operators’ Forum, as well as various lottery firms. Premier Lotto was represented by Ajibola Adebutu and Adebisi Adebutu, while Western Lotto was represented by its Chief Operating Officer, Usman Tajudeen; and Managing Director, Olumide Adedeji.

The House had, on March 18, resolved to intervene in the crisis.

The resolution to settle the rift was based on a motion moved by a member of the House, Akin Alabi, who equally owns a sports betting company, NairaBet, and is, incidentally, chairman of the committee.

The Economic and Financial Crimes Commission had gone after Premier Lotto, based on a petition by Western Lotto, alleging crimes ranging from tax fraud to economic sabotage. The Kashamu-owned company had also petitioned the Minister of Justice and Attorney General of the Federation, Abubakar Malami (SAN).


Western Lotto had also dragged the NLRC and 24 lottery operators, including Premier Lotto, before a Federal High Court over alleged infringement of its intellectual property rights to a gaming product known as ‘Ghana Games.’


In his submission earlier, Chairman of the NLLOF, Chima Onwuka, stated that “the problem is not between Western Lotto and Premier Lotto; it is a problem between Western Lotto and Nigerian lottery operators.”

He also lamented that the forum had been allegedly excluded from a negotiation between the NLRC and Western Lotto, despite the latter taking all of them to court.

The operators, in their written presentations, noted that the National Lottery Authority Ghana and its agent, Association of Lotto Marketing Companies, make no contribution to the development of lottery in Nigeria and have no stake in the process of lottery management and business in the country.

The NLLOF said, “The Ghana Games numbers are considered free-to-air as the numbers are freely available and used by many countries along the West African coast. No effort or value of any kind has been introduced by Western Lotto to the lottery process to warrant making him a beneficiary or recipient of royalty payment.

“In view of the fact that NLRC and NLA, Ghana were previously in discussions, which broke down due to computation of each party’s entitlements, it is unpatriotic and immoral for an operator to seek to circumvent the regulator for self- serving purposes.

“The only neutral arbiter in any industry is the regulator and lottery operators oppose the use of a consultant, which will effectively be duplication of functions of the NLRC and unnecessary expenses to the government.”

According to it, the matter of remittance (or not) of royalty to Ghana is uncomplicated and devoid of technicalities that warrant the appointment of a consultant that will “merely serve as a smokescreen for perpetuating shady deals.”

The operators stated that it was aware that Western Lotto had allegedly made no remittance to NLRC or the National Lottery Trust Fund from inception of its business to date, “in clear violation of the provisions of the Lotteries Act.”

The forum also said it would be a collective affront to other compliant lottery operators that had been performing obligations under the Act if the NLRC entered into an exclusive agreement with Western Lotto to the detriment of other operators.

It said, “In law, it is said that ‘he who comes to equity must come with clean hands.’ Western Lotto has demonstrated bad faith in its dealing with LMC Ghana and seeking exclusivity without notifying NLRC, who could have provided guidance in the matter, is not only underhanded but demeaning to Nigeria’s sovereignty.

“In conclusion, Western Lotto has gained public repute as the operator that fails to pay winnings as due, which adversely affects the fragile reputation of the lottery industry.

“Should such an operator be empowered to dictate the offerings in the industry? Should such an operator be seen at the negotiation table with the regulator? Should operators deduce that NLRC, its governing board and supervising ministry are compromised, given the facts on the ground?”

The NLLOF noted that, as integral stakeholders in the industry, it would not stand by while the collective right was abused and regulatory functions were “usurped by an entity that has made no contribution to the development of lottery in Nigeria.”

It added, “It is our prayer that this committee and, by extension, the House prevent the execution of the proposed terms of the settlement. The input of lottery operators as stakeholders and defendants in the matter should be sought and directed towards resolution of this matter.”

However, Western Lotto, in the written submission by its representatives, prayed the House to direct the EFCC to go after lottery operators allegedly short-changing the Federal Government of its due revenue.

The prayers read, “The committee should summon us (Western Lotto) and Premier Lotto, Golden Chance, Bet9ja, all other lottery operators, the EFCC – who has been investigating (the matter), the NLRC, NLTF and other stakeholders to a public hearing on the floor of the House, where all the issues will be laid bare and all the illegalities that have been going on for years will be exposed.

“Bet9ja, Premier Lotto and Golden Chance have been found culpable and have started refunding huge sums of money that were diverted back to the EFCC.

“This will enable both the government and the public to be aware of the monies they have acknowledged as being owed the government and have started refunding, as we believe that they are suppressing the actual figures which should be in the range of N200bn revenue accruable to the government.”

Western Lotto added, “Premier Lotto and Bet9ja are the racket leaders. The committee should authorise the EFFC to arrest all the culpable operators based on the evidence presented immediately after the public hearing on the floor of the House in order to commence the process of recovery of the stolen funds and other assets thereon.



“The committee and the House should support the EFCC to continue in its efforts to expose the racket, large-scale fraud and economic sabotage in the gaming industry, recover all the proceeds of crime and illegality, and bring to book all the perpetrators of this fraud against the Federal Government of Nigeria, thereby bringing about a new regime of transparency and accountability to the gaming industry.

“Lastly, this committee, on behalf of the House, should direct the EFCC and all other law enforcement agencies of the Federal Government to arrest and prosecute any operator(s) who fails to comply with the above stipulated requirements and operates outside of the circular issued by the NLRC, and continues with the illegality by playing Ghana games and/or uses its results, thereby depriving the Federal Government of its revenue.”
https://punchng.com/adebutu-kashamus-firms-fight-dirty-over-betting-game-rights/

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Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by JasonScoolari: 8:21am On Jun 21, 2020
"In conclusion, Western Lotto has gained public repute as the operator that fails to pay winnings as due, which adversely affects the fragile reputation of the lottery industry.





I have always known Buruji Kashamu to be a big thief....

Sadly, he's loyal to Tinubu.

43 Likes 5 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by adewumiopeyemi(m): 8:21am On Jun 21, 2020
Noted
Betting has realy take over the country
Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by Amotolongbo(f): 8:24am On Jun 21, 2020
The Economic and Financial Crimes Commission had gone after Premier Lotto, based on a petition by Western Lotto, alleging crimes ranging from tax fraud to economic sabotage. The Kashamu-owned company had also petitioned the Minister of Justice and Attorney General of the Federation, Abubakar Malami (SAN).
This makes me remember how Kessington Adebutu also played a fast game on his friend also in the lotto industry, Chief Kola-Daisi, the Lagos State government then revoked Kola Diaisi’ lotto license.

Gambling industry is another very lucrative one if one can invest in it like these men, not the players o

12 Likes 3 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by Maxymilliano(m): 8:54am On Jun 21, 2020
The duo of Kessington Adebutu and Buruji Kashamu have always been at dagger's drawn over the years due to the lucrative nature of lotto business.

The business is so lucrative that in Lagos, the biggest market in the country, both the federal and state government were at each others throat over the control of the business.

Sadly, none of the operators and regulators are interested in the increasing numbers of young people that are into gambling.

To them, it's all about cashing in and cashing out.

49 Likes 3 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by Nobody: 8:58am On Jun 21, 2020
grin

Smh!


See what this old fool generation is doing to the youths and the future of this country... cry


One single man will steal money enough to take care of 1000 families for 30 years.


They will steal money that even their 3 generations can't finish spending b cry

23 Likes 4 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by paymentvoucher: 8:59am On Jun 21, 2020
Okay.

Happy Sunday to both of them

2 Likes 1 Share

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by MrsNwaAmaikpe(f): 8:59am On Jun 21, 2020
shocked
Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by softset: 8:59am On Jun 21, 2020
Making billions to wreck millions ?

20 Likes 2 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by chukwuibuipob: 8:59am On Jun 21, 2020
sad Their own children are probably self employed/working elsewhere.Nah betting shops Dey give the yweets sad.No factory,industry etc just to Sidon inside shops from 9 AM to 9 pm Dey bet,shout and disturb the peace of peepz around

33 Likes 2 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by tundchip2: 8:59am On Jun 21, 2020
tf
Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by itsIYKE(m): 8:59am On Jun 21, 2020
Vh
Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by Profayo: 8:59am On Jun 21, 2020
Two scammers

4 Likes 1 Share

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by Righteousness89(m): 8:59am On Jun 21, 2020
These are the people that have Mortgage the eternal destiny of soooo many of our youths today!

I Thank GOD for Delivering me from them! Real Great Deliverance GOD gave me..

46 Likes 2 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by goldenboyofpsy(m): 9:00am On Jun 21, 2020
Very shameful

1 Like

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by agarawu23(m): 9:00am On Jun 21, 2020
Two money bags. We care less

4 Likes 1 Share

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by MrMcJay(m): 9:00am On Jun 21, 2020
Funny case
Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by helinues: 9:02am On Jun 21, 2020
The clash between betting and gambling firms owned by a Peoples Democratic Party chieftain, Senator Buruji Kashamu; and billionaire businessman and philanthropist, Sir Kensington Adebutu, has got messier

Pdp, party of gamblers

3 Likes 2 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by paulolee(m): 9:02am On Jun 21, 2020
bad...d sky is too big for both birds to fly and as a serious punter is bad seeing such news when they can easily both operate and make enough money because bet companies makes a very lucrative profits no matter the economic situation because people see it as an easy way to wealth...yesterday, i heard d owner of the bet9ja in ma area saying dt just last week he made almost 750k....forget matters betting don take over bt na for those wey no wan hustle...as for me its jus fun n i play it wenever i gat excess cash n i dnt exceed my limit..

3 Likes 2 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by okadoo: 9:03am On Jun 21, 2020
DANBOROBA Let them kill themselves. Thieves!

7 Likes 3 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by CODEIN: 9:03am On Jun 21, 2020
Na wao

chukwuibuipob:
sad Their own children are probably self employed/working elsewhere.Nah betting shops Dey give a The yweets sad.No factory,industry etc just to Sidon inside shops from 9 AM to 9 pm Dey bet,shout and disturb the peace of peepz around
What is the difference between these lottery goons, the legislooters ...sinators ...polithiefcians and the billions making pastorpreneur and coded imamillionaires who also dupe the sheeples with religion of lies packaged as word of god? No difference? The problem is the people who keep taking codeine instead of Sensedeine


YorubaKinging:
Betting is a sin
May be it is may be it is not, is tithe demanding and money offering not a sin too? If Yoruba are tribe of Judah, then it must mean the Jews are tribe of Yoruba, your own codeine is conc

9 Likes 2 Shares

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by lumiaibee: 9:07am On Jun 21, 2020
Guys check out highest mountain in the world

https://www.youtube.com/watch?v=u8g9nqVs-8M
Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by TOPCRUISE(m): 9:08am On Jun 21, 2020
They should invite FBI and not EFCC to settle their fight. The EFCC have proven that they are Noble dogs to wealthy Nationals. Kashamu who is afraid of entering the USA because he is not clean and has questions to answer for his drug trafficking activities in the USA and around the world is the one using EFCC as a shield. If he gets arrested outside the country's borders, the same EFCC that are now his errand boys will say they have been investigating him.

17 Likes 1 Share

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by YorubaKinging: 9:09am On Jun 21, 2020
Betting is a sin

4 Likes

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by AgentGoat: 9:12am On Jun 21, 2020
Amotolongbo:
This makes me remember how Kessington Adebutu also played a fast game on his friend also in the lotto industry, Chief Kola-Daisi, the Lagos State government then revoked Kola Diaisi’ lotto license.

Gambling industry is another very lucrative one if one can invest in it like these men, not the players o

What is the mode of investing in the gambling industry?

1 Like 1 Share

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by Bobbyfreshh(m): 9:12am On Jun 21, 2020
helinues:


Pdp, party of gamblers

Go and sleep you have nothing sensible to contribute,

So akin alabi has decamped from APC

18 Likes 1 Share

Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by Mindlog: 9:13am On Jun 21, 2020
On top gambling?
Re: Adebutu, Kashamu’s Firms Fight Dirty Over Betting Game Rights by MondayOsunbor(m): 9:15am On Jun 21, 2020
JasonScoolari:
"In conclusion, Western Lotto has gained public repute as the operator that fails to pay winnings as due, which adversely affects the fragile reputation of the lottery industry.





I have always known Buruji Kashamu to be a big thief....

Sadly, he's loyal to Tinubu.




N200bn WHAT !
IT IS BILLION IS THIS A MISTAKE ?

PLEASE I NEED HELP ?

2 Likes 1 Share

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