Senegal Finance Law reflects growth of betting market within fiscal reforms
Expanding wagering activity and digital adoption place the sector within broader fiscal measures aimed at strengthening domestic revenue mobilisation.
Senegal.- The government of Senegal has referenced gambling activity within the broader fiscal changes introduced under the country’s 2026 Finance Law, with taxation affecting betting activity forming part of a wider revenue package aimed at strengthening domestic revenue mobilisation. The fiscal measures are expected to generate around CFA300bn (€457m).
Analysis of the fiscal reform package, according to WTS Global said: “The Initial Finance Law for 2026 introduces several new tax and customs measures aimed at strengthening Senegal’s domestic revenue mobilisation.”
Alongside these fiscal changes, the legislation introduces a range of measures across sectors including mobile money services, telecommunications concessions, vehicle imports and exports of commodities such as gold and agricultural products. Additional excise duties targeting alcohol and tobacco products also form part of the package.
Betting market growth
The development comes as betting activity continues to expand across Senegal, driven by increasing mobile connectivity and strong interest in football wagering. Analysts project the country’s gambling market could reach around $2.1bn by 2026, highlighting the growing scale of betting and lottery activity across the market.
The shift towards mobile wagering has accelerated in recent years, supported by rising smartphone adoption and improved digital infrastructure. Industry surveys indicate that more than 90 per cent of sports bettors in Senegal place wagers online or through mobile platforms, underlining the central role digital betting now plays in the country’s gambling ecosystem.
The sector’s continued growth mirrors broader trends across Africa, where expanding betting markets are increasingly being integrated into national fiscal frameworks as governments seek to align regulation and taxation with industry development.