Data Science Project: Economic Impact of Betting Industry in Nigeria + Smart Finance Simulator
# Nigeria-Betting-Impact-Analysis
Data Science Project: Economic Impact of Betting Industry in Nigeria + Smart Finance Simulator
# BetNaija Impact: Analysis of Nigeria's Betting Industry (2016–2025)
## Overview
This project analyzes the economic impact of the betting industry in Nigeria, balancing **profits** (market growth, tax revenue) with **societal harms** (financial loss, addiction, opportunity cost). It includes an interactive Smart Finance Simulator to promote better financial decisions.
## Key Findings
- Betting market grew from ~$0.8B in 2016 to **$3.63B in 2025**.
- Over 60 million active bettors.
- Significant tax revenue for government, but massive net loss to citizens.
- High problem gambling rates among youth.
## How Betting Harms Nigerians
- Billions of Naira lost annually instead of being invested.
- Increased debt, mental health issues, and family problems.
- Poor academic performance among students.
- Opportunity cost — money not used for education or entrepreneurship.
## Features
- 10-year interactive data visualization
- Profits vs Harms analysis
- Smart Finance Simulator (see personal risk)
- Educational insights
## Technologies Used
- Python, Pandas, Plotly
- Streamlit (Interactive Web App)
## How to Run Locally
```bash
pip install -r requirements.txt
streamlit run app.py