The
East African Nation Tanzania has a progressive appetite for lottery and gambling. It was among the leading nations in Africa to
license and regulate the gambling in the 90s.
Despite a short gambling history, in Tanzania
you can find multiple casinos. With the
population of over 50 million, the most popular and favored form of gambling
being lottery.
"The national lottery will bring about
more activities in gambling including the creation of new jobs," He
added, "We are looking to see the economy becoming more vibrant partly
because of the gaming activities and in particular the contribution of the
national lottery."
Tanzania has recently
rolled out its national lottery on 22 May 2016. It looks Gaming Board of Tanzania has taken
some serious initiatives and made strategic plans to take lottery to another level in Africa. We have to be patient
and later analyze how well its done by the end of the next year.
The Internet penetration rate is not much in
the country. It was registered as 15%
back in 2014. Online gambling has a firm
hold in the market, thanks to the government’s liberal policy. Tanzania is among few countries in Africa
where online gambling is legal and regulated.
The lottery industry does not exist just for
an entertainment purpose but also contributes significantly to the economy of
Tanzania. The Gaming Board of Tanzania
(GBT) Director General, Abbas Tarimba said – over 1.5 trillion Tanzanian
shillings ($686 million) is generated into country’s economy annually via
gaming activities.
Tanzania |
The gaming industry contributed 3% to
country’s GDP by 2015. It is expected that
Tanzania would become the second leading country in the continent in terms of
gambling industry after South Africa.
Before rolling out national lottery Abbas mentioned "Four types of gaming
will be in operation with lotto leading in activity, plus three more whose
ticket prices will be ranging from 500/- to 250/- and 150/- (TZS) but with high
prizes to winners,"