Namibia's casinos cash in, phones join the game

Namibia's video game and gambling scene is apparently gonna pull in almost a billion Namibian dollars next year. That number, roughly 948 million, comes from some data crunchers over at Statista. The whole thing is still carried by old-school brick-and-mortar casinos, which rake in about 374 million on their own. Right now, you have six licensed casinos running a bunch of machines, plus hundreds of other legal gambling spots. The growth gets blamed on more people visiting cities and having phones.

Playing on phones is becoming a bigger deal, with online revenue predicted to hit 27 million. That segment is growing fast thanks to everyone and their mom having a smartphone. Around 450 thousand people are actively involved, spurred by better rules and more options. Regulators got serious a couple of years back, shutting down hundreds of illegal operations. Legal operators have to fork over a ten percent cut of their cash.

Looking ahead, the government itself wants a piece of the action. The national lotteries board confirmed a state-run lottery is in the works. They are sorting out the legal stuff now for a slow rollout. This scheme, part of a bigger national plan, hopes to create over 100 million in revenue by the end of the decade.
 

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