Tanzania’s Gaming Industry Records Strong Growth, Projects Sh200 Billion in Revenue
Dar es Salaam – The Director General of the Gaming Board of Tanzania (GBT), James Mbalwe, has highlighted the rapid growth of the gaming industry and its increasing contribution to the national economy.
Speaking during a meeting with editors and journalists in Dar es Salaam, Mr. Mbalwe emphasized that gaming is a form of entertainment like any other and not intended to harm young people. He noted, however, that the industry often faces stigma, with some questioning its legality and regulation.
According to Mr. Mbalwe, government revenue from the gaming sector has risen significantly, with collections growing from Sh33.3 billion to Sh170.4 billion. The GBT projects tax revenues will reach Sh200 billion by the end of the 2023/2024 financial year. From August to December alone, more than Sh100 billion has already been collected.
He explained that the GBT works closely with other regulatory and security agencies to ensure compliance with the law and to address violations. “Our role is to regulate, supervise, and coordinate the gaming industry. We are not a business entity. The Board operates under the Ministry of Finance through the Treasury Registrar,” said Mr. Mbalwe.
Marking 20 years since the Board’s establishment, he underlined the importance of continuous public education on responsible gaming. He said seminars and engagements with the media have been instrumental in strengthening the operations of the Board and enhancing public awareness.
Read Also: Samuel Akuku Defends NLAs Spending: 95% Directed to Charitable Projects
Mr. Mbalwe further appealed to regional security committees to enhance collaboration in enforcing the Gaming Act. “Gaming should be seen as entertainment, not as a form of employment or a source of income,” he stressed.
He also noted that the industry has played a crucial role in job creation, generating more than 25,000 direct and indirect employment opportunities across the country. To date, GBT has registered 91 licensed gaming companies.
“The sector is expanding rapidly and therefore requires careful oversight to ensure it grows sustainably without deviating from its original objectives,” he said.
Mr. Mbalwe concluded by emphasizing that the existence of GBT has provided a strong framework for regulation, enabling the sector to contribute significantly to government revenue while protecting the interests of participants.