{"id":12664,"date":"2025-11-12T09:54:24","date_gmt":"2025-11-12T12:54:24","guid":{"rendered":"https:\/\/focusgn.com\/africa\/?p=12664"},"modified":"2026-04-19T11:54:24","modified_gmt":"2026-04-19T14:54:24","slug":"namibia-targets-n100-revenue-from-gambling-sector-by-2030","status":"publish","type":"post","link":"https:\/\/focusgn.com\/africa\/namibia-targets-n100-revenue-from-gambling-sector-by-2030","title":{"rendered":"Namibia targets N$100 revenue from gambling sector by 2030"},"content":{"rendered":"\n

Under NDP6, the government aims to expand the gambling sector, increase jobs and enhance regulatory systems.<\/p>\n\n\n\n\n\n\n\n

Namibia.- Namibia<\/strong> plans to generate over N$100m<\/strong> (\u20ac5.1m) in revenue from its gambling sector<\/strong>, under the sixth National Development Plan (NDP6). The sector currently supports more than 4\u202f,140 jobs<\/strong> with revenue that grew from N$9.3m (\u20ac0.474m) in 2022\/23 to N$32m<\/strong> (\u20ac1.63m) in the last financial year, with a projected annual growth rate of 8.1 per cent<\/strong> by 2030<\/strong>, according to a New Era report.<\/p>\n\n\n\n

The government aims to strengthen the industry through measures such as the digitalisation<\/strong> of gaming operations, rollout of online management systems<\/strong> and a central monitoring platform to ensure transparency and compliance. Preparatory work is also underway for a new state lottery<\/strong>, which is expected to launch within the next 12\u201324 months.<\/p>\n\n\n\n

President Netumbo Nandi-Ndaitwah<\/strong> highlighted the sector\u2019s role in economic diversification. \u201cNamibia is well positioned and geared to tap into the market for the economic<\/strong> and social development <\/strong>of the people. The establishment of the State lottery alone is projected to generate over N$100 million in revenue by 2030 and to contribute<\/strong> significantly to the gross domestic product of the country”, she said, according to New Era.<\/p>\n\n\n\n

Nandi-Ndaitwah also pointed to technology<\/strong> as a driver of growth<\/strong> and added: \u201cThe ramifications of market, mobile gaming and advancements in AR\/VR technologies are key drivers of growth.\u201d T<\/p>\n\n\n\n

he NDP6 strategy links the gambling sector to tourism, with the government targeting an increase in international arrivals from 863\u202f872 to 1.8\u202fmillion<\/strong> by 2030.<\/p>\n\n\n\n

Lottery launch progresses<\/h2>\n\n\n\n

Preparations are underway for Namibia\u2019s first state lottery, which will complement the broader gambling sector. The Lotteries Board of Namibia<\/strong> (LBN) is finalising preparatory work, including the appointment of a licensed operator and implementation of digital management systems, ahead of a phased rollout.<\/p>\n\n\n\n

John Shimaneni<\/strong>, CEO of the LBN said, according to the Brief: \u201cAt present, the plans to launch the state lottery are at an advanced preparatory stage. The Board is currently engaged in the procurement of Transactional Advisory Services<\/strong> to assist with the appointment of a licensed Lottery Operator<\/strong>, in accordance with the Lotteries Act.”<\/p>\n\n\n\n

LBN is finalising legal, operational and procurement processes, with internal policies<\/strong> and oversight systems being developed to support a phased rollout. The lottery is expected to launch within one to two years, with proceeds to be channelled into a State Lottery Trust Fund to support youth development<\/strong>, education, health and community initiatives.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Namibia calls to \u201cAfricanise\u201d the lottery and gambling sector<\/a>\n\t\t\t\t<\/p>\n<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

Under NDP6, the government aims to expand the gambling sector, increase jobs and enhance regulatory systems.<\/p>\n","protected":false},"author":2809,"featured_media":3372,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Namibia's NDP6 outlines an ambitious strategy to expand its gambling sector, targeting N$100m in revenue by 2030 and significant job creation. Key initiatives include digitalizing operations, implementing central monitoring for compliance, and launching a state lottery within two years, with proceeds earmarked for social development. This strategic pivot aims to leverage technology and tourism to drive economic diversification and enhance regulatory oversight.","focusai_entities":"Netumbo Nandi-Ndaitwah, Lotteries Board of Namibia (LBN), John Shimaneni, New Era, Brief","focusai_location":"Namibia","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.92), operator_casino (0.9), affiliate_publisher (0.75), product_ux (0.7), tech_data (0.9), marketing_crm (0.78), payments_fraud_aml (0.75), investor_analyst (0.95), supplier_vendor (0.92), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Lottery Operator Selection","query":"What specific B2B licensing and operational criteria will the Lotteries Board of Namibia prioritize in the procurement of the state lottery operator, and what is the projected timeline for this selection process?"},{"label":"Digitalization Impact","query":"How will the mandated digitalization of gaming operations and the central monitoring platform impact existing B2C operators' GGR reporting, data governance, and compliance frameworks in Namibia?"}],"footnotes":""},"categories":[60016,60011],"tags":[72,74,60643],"class_list":["post-12664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-africa","tag-gaming","tag-lottery","tag-online-management-systems"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/posts\/12664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/users\/2809"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/comments?post=12664"}],"version-history":[{"count":16,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/posts\/12664\/revisions"}],"predecessor-version":[{"id":12682,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/posts\/12664\/revisions\/12682"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/media\/3372"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/media?parent=12664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/categories?post=12664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/tags?post=12664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}