East AfricaInterviewsNewsTanzania

GBT Targets 200 Billion/- in Sports Betting Revenue in Tanzania

DAR ES SALAAM: The Gaming Board of Tanzania (GBT) aims to collect approximately 200 billion Tanzanian shillings (Tsh) through sports betting in 2024/25. This represents an almost 18 per cent increase from the previous year’s target of 170 billion Tsh.

GBT Director General James Mbalwe recently stated, “The sports betting sector has made significant progress and substantially contributed to GDP. The coming of BetWinner is welcomed.”

Mbalwe emphasized the importance of ethical, responsible, and transparent operations among betting companies to promote fair competition in the sector.

Read Also: Insights into the Gaming Industry Growth and Challenges in Nigeria with Bashir Are, CEO of Lagos Lotteries and Gaming Authority

BetWinner’s Managing Director Jesse Ndambala highlighted the company’s goal to offer customers better odds than other betting companies, stating, “Apart from having good odds, we have introduced significant innovations in our games. GBT 200 Billion Betting

“Our goal is to enhance entertainment and competitive spirit in the sports betting sector.” Ndambala also announced a 100 per cent bonus as a welcome offer for customers.

The company plans to invest in various sports beyond football, including golf and netball. To compete fairly in the market, BetWinner is prepared to provide top-notch services, including immediate payment to winners.

BetWinner currently operates in several African countries, including Kenya, Nigeria, Ghana, Zambia, and Uganda.

Source: dailynews.co.tz

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