Namibia’s Windhoek Casino excels in 2025 with bigger ambitions for 2026
State-owned casino posts record turnover, boosts government dividends and strengthens its leadership in the gaming sector.
Namibia.- Namibia’s Windhoek Country Club Resort and Casino has soared with N$205.6m (€10.7m) in revenue for the 2023/24 financial year. With revenue forecast to climb to N$218m (€11.3m) in 2025 and reach N$231m (€12.0m) in 2026, the casino is solidifying its position as a powerhouse in the nation’s gaming and hospitality sector.
The Windhoek Country Club Resort and Casino is state-owned and operated by Legacy Hotels and Resorts. This collaboration ensures the resort maintains its status as a premier destination for both locals and international visitors.
The resort ended April 2025 with cash reserves of N$132m (€6.9m), while the government received a dividend payout of N$25m (€1.3m) – an increase of N$5m (€270,000) compared to the previous year.
Board Chairperson Evans Simataa said: “Looking ahead, we anticipate continued positive momentum, with revenue growth from operations projected to increase by 6 per cent in 2025, and maintaining a steady growth rate of 5 per cent thereafter. Our ability to not only recover but to flourish in this post-pandemic era is a powerful testament to our robustness.”
Strong finances and social impact
Expenses have been kept in check, stabilising at 7 per cent and projected to ease to 5 per cent in the coming years. Operating expenses are expected to stand at 79 per cent of revenue in 2025, with a medium-term target of 74 per cent.
Simataa said that the resort’s financial position remains solid. “We are confident that Windhoek Country Club Resort is unlikely to require shareholder funding in the short term, a testament to the maturity and sound management of our business.”
Alongside its financial achievements, the casino also contributed N$1.3m (€68,000) to charities, reflecting its social responsibility commitments.
With revenues rising in 2025, government dividends increasing, and steady growth projections ahead for 2026, the Windhoek Country Club Resort and Casino in Namibia has positioned itself as a cornerstone of the nation’s gaming industry and a model of sustainable performance.
