Nghipondoka has already invested heavily in infrastructure<\/strong>, importing several gaming machines to support the rollout<\/strong>, which he estimates is only 35 to 40 per cent complete, with more locations expected in the coming months.<\/p>\n\n\n\n Having joined Namibia\u2019s betting and casino <\/strong>sector as part of a strategic shift <\/strong>toward self-funded, asset-driven businesses, Nghipondoka\u2019s diversified<\/strong> empire also spans information and communication technology (ICT), telecoms, construction, property, security, retail, agriculture and financial services. Nghipondoka said the betting market is a \u201cunique space<\/strong>, requiring only a little capital to enter\u201d.<\/p>\n\n\n\n Unlike tender-based operations, the betting business allows his company to invest directly in assets such as machines, enabling independent <\/strong>operation. \u201cIt is self-reliant<\/strong> and doesn\u2019t depend on other factors. The approach allows the company to grow<\/strong> at its own pace. I am not moving away from the tender space but diversifying into a business that I can control<\/strong>,\u201d said Nghipondoka, according to The Namibian.<\/p>\n\n\n\n Ubetting\u2019s growth isn\u2019t limited to physical outlets. Nghipondoka is also onboarding an online <\/strong>platform, giving customers the ability to place bets remotely<\/strong>. Nghipondoka said: \u201cYou can bet even when sleeping or when driving. You don\u2019t need to go into the shop.\u201d<\/p>\n\n\n\n He said the company\u2019s systems are designed to keep players engaged<\/strong>. \u201cWhen you look at that ratio, whoever walks in there has a 90 per cent chance of winning<\/strong>. We only take 10 per cent of that. The systems are designed like that.\u201d<\/p>\n\n\n\n Industry estimates put Ubetting\u2019s monthly turnover <\/strong>at over N$1.4\u202fm (\u20ac70,000), translating to more than N$17m (\u20ac850,000) annually, according to The Namibian. This surge <\/strong>comes as Namibia\u2019s gambling industry continues to formalise under the Gaming and Entertainment Control Act of 2018, providing a structured regulatory framework<\/strong> for licensed operators.<\/p>\n\n\n\n With hundreds of machines deployed, dozens of outlets operational and a growing digital presence, Ubetting is cementing itself as a major force in Namibia\u2019s regulated gambling economy<\/strong> in 2026, as Nghipondoka doubles down on a self-funded<\/strong>, asset-driven expansion strategy.<\/p>\n\n\nDigital betting and nationwide expansion boom<\/strong><\/h2>\n\n\n\n
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