According to a new report (https://www.igamingtoday.com/zimbabwe-igaming-market-research-report/) , Zimbabwe, with a population of over 15 million people, is rapidly emerging as a key player in the African iGaming market.
Key market data:
🔴Market size in 2023: $54.56 million
🔴Mobile gambling: $34.92 million in 2023
🔴 CAGR forecast to 2025: 5.5%
🔴 User penetration by 2027: 28%
Player Portrait:
🔴Main audience: males 18-35 years old (80% of players)
🔴Popular games: slots, sports betting, live casino
🔴Main payment systems: EcoCash, Telecash, Bitcoin
🔴Access: 90% via mobile devices
Country regulation:
🔴Regulator: Zimbabwe Gambling Regulatory Authority
🔴Tax: 10% on winnings for bettors from January 1, 2025
🔴Law: Lotteries and Gaming Act, online gambling is still lightly regulated
🔴 Data Protection: Cyber and Data Protection Act (2021)
