East AfricaNewsTanzania

Tanzania Aims to Raise 29.89 Billion/- from Gaming Sector in 2025/2026 Fiscal Year

DODOMA – The gaming sector in Tanzania generated 17.42 billion Tanzanian shillings (/-) in government revenue during the 2024/2025 financial year.

The government projects to increase revenue to 29.89 billion/- in the upcoming 2025/2026 fiscal year.

This announcement was made in Parliament by the Minister for Finance, Dr. Mwigulu Nchemba, during the presentation of the implementation review of the 2024/2025 budget and the proposed budget for 2025/2026.

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Dr. Nchemba stated that for the 2024/2025 financial year, the Gaming Board of Tanzania had initially set a target of collecting 24.89 billion/-, but has so far collected 17.42 billion/-.

The Board also plans to issue 14,124 licenses in the 2025/2026 financial year, including 845 new licenses and 13,279 renewals.

Additionally, the Board will conduct 12 risk-based inspections; implement four operations to curb illegal gambling activities, and aims to collect a total of 29.89 billion/- in revenue.

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