Oyo Gaming Board Engages Stakeholders on Innovation and Consumer Safety

The Oyo State Gaming and Lottery Board has called for stronger collaboration among stakeholders in the gaming industry, including the state government, regulators, and consumer rights groups, to foster innovation and enhance consumer safety. This appeal was made during the 6th Stakeholders’ Interactive Forum, themed *”Boom or Burst,”* held on Wednesday.

The forum, which brought together key players in the gaming industry, underscored the importance of balancing industry growth with the safety and well-being of consumers. Representing the Chief of Staff to the Governor, Otunba Segun Ogunwuyi, the Permanent Secretary of the Cabinet Office, Mr. H.T. Salami, advocated for the establishment of a robust framework to drive innovation while safeguarding consumer interests.

He emphasized the administration’s commitment to expanding the state’s economy through sustainable initiatives aligned with the *Omituntun 2.0: Roadmap for Sustainable Development of Oyo State, 2023–2027*. Salami urged stakeholders to work closely with the government to create and implement policies that support the gaming industry while protecting consumers.

In his opening address, the Director-General of the Oyo State Gaming and Lottery Board, Mr. Olajide Boladuro, highlighted the critical need for collaboration across the gaming ecosystem. He commended Governor Seyi Makinde for fostering a business-friendly environment and ensuring fairness, strict regulatory compliance, and a level playing field for all industry participants.

Boladuro reiterated the administration’s commitment to innovation as a driver of economic growth but stressed that such advancements must not come at the expense of consumer protection. “As a government, we are committed to ensuring our citizens, particularly the youth, are protected from potential harm while enjoying the benefits of this vibrant industry,” he said.

The Director-General explained the significance of the annual forum, which serves as a platform for operators, regulators, and other stakeholders to deliberate, share perspectives, and propose actionable ideas to address emerging trends and challenges in the gaming industry. This year’s theme, *”Boom or Burst,”* reflected the rapid evolution of the sector and the need to assess its impact on businesses and regulators alike.

The forum featured a robust panel discussion with industry leaders, game developers, consumer rights advocates, and regulatory bodies. Key topics included the implementation of stronger age verification systems, enhanced transparency, data privacy and security measures, and strategies to prevent addiction. Stakeholders unanimously endorsed the government’s initiatives while urging that regulatory measures strike a balance, ensuring they do not stifle innovation or creativity.

The Oyo State Government reaffirmed its commitment to supporting the local gaming sector and collaborating with all relevant stakeholders to ensure sustainable growth, consumer protection, and the integrity of the gaming ecosystem.