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DiiJay-T/Nigeria-Betting-Impact-Analysis

Domain:

socioeconomic

Record type:

project
Creator:
Dii
Host:
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

Visit

github.com