The future of the industry

The basic scenario for Lesotho is a moderate growth of offline due to the renewal of the slot park, small VIP zones and the connection with event tourism, while strengthening supervision: uniform requirements for KYC/AML, reporting and advertising, mandatory tools for responsible play (limits, self-exclusion).

The tax model is likely to shift to more GGR-based transparency, with understandable rates and licensing fees.

In payments, the share of cards and mobile wallets with strict limits and behavioral monitoring is expected to expand.

The online vertical will remain outside of full licensing in the short term, but pilots of "hybrid" services are possible (for example, remote pre-application of bets, cash-out, a player account tied to a PPP/casino).

Risks - dependence on the South African economy and SACU transfers, competition from neighboring markets and rising compliance costs; the answer is "compliance-by-design," partnerships with hotels and sporting events, anti-fraud analytics and phased digitalization without going beyond the law.