AfricaEast AfricaNewsTanzania

Tanzania Ministry of Finance introduces a 5% Excise Duty on Betting Stakes for the Fiscal Year 2026/27.

The Tanzania Ministry of Finance has introduced a 5% excise duty on betting stakes for the country’s 2026/27 financial year.

Khamis Mussa Omar Tanzania’s Minister of Finance announced earlier this month, as he outlined the upcoming budget for the new financial year. The budget gets under way on 1 July.

The budget will impose a 5% excise duty on “the value of bets in gambling activities, including land-based or online/internet sports betting, land-based or online/internet casino gaming, forty-machine slot games and virtual games operations”.

Tanzania’s government expects the new tax to increase its revenue by TZS74.5 billion ($28.4 million).

Some 10% of the revenue generated by the tax will go to the Gaming Board of Tanzania. He said this will be used to “to improve efficiency and regulation of gambling activities”, with the aim to reduce the consequences of gambling addiction in the country.

The minister’s announcement also noted that gambling was in some cases leading to a decline in Tanzania’s workforce. Youths a now engaging in gambling rather than perusing productive economic pursuits.

The Half a Billion Dollar Empire that is the Tanzania Gambling Ecosystem!

According to the latest data from H2 Gambling Capital, Tanzania generated $463.3 million in gross win from gambling in 2025.

Read Also: Tanzania’s gambling market: one category dominates non-brand search

H2 estimates gambling in Tanzania will grow to a gross win of over $1 billion by the end of 2031, with online accounting for $918.9 million of that figure.

While the new excise duty may raise concerns about a rise in illegal gambling, it is worth noting that, according to H2’s data, only 4.5% of Tanzania’s interactive gross win in 2025 was from the black market.

William Musyoka

I am a dedicated Educator, Content Writer, and forward-thinking digital enthusiast with a passion for blending communication, technology, and entertainment. A Bachelor of Education in Arts (B.E.D Arts) holder, I have spent years mastering the nuances of the English language to educate and inspire. Beyond the classroom, my professional journey crosses into the cutting-edge worlds of iGaming and cryptocurrency. Here I have built an outstanding six-year track record as an industry expert and specialized writer. This rare combination of academic discipline and deep Web3 knowledge allows me to translate cryptocurrency and gaming concepts into captivating, accessible narratives. As an avid reader and natural creative, I constantly look for new ways to challenge conventional thinking and bring fresh perspectives to my writing. Let’s connect to build meaningful ideas, share industry insights, or collaborate on your next big content venture.
Back to top button

You cannot copy content of this page

Adblock Detected

Please consider supporting us by disabling your ad blocker