{"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 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\nLottery launch progresses<\/h2>\n\n\n\n