The future of the industry
The basic scenario for Namibia is a steady but moderate growth of offline: updating the slot park, smart jackpots, mini-VIPs and a connection with hotel and event tourism.
The regulatory focus will shift to a transparent GGR model, unification of reporting, technical certification and strict RG/AML standards (KYC, self-exclusion, behavioral monitoring).
LPM/route operators will expand due to controlled limits and geography.
The share of cards and e-wallets with strict limits and anti-fraud will increase in payments.
The online vertical for residents is likely to remain outside full licensing in the short term; point "hybrid" solutions around the PPP (player account, remote cash-out) are possible if a clear tax and advertising frame appears.
Key risks - commodity cycles, dependence on SACU transfers, seasonality of tourist flow and increase in compliance costs; answers - compliance-by-design, partnerships with the hotel and sports sectors, product updates and data-driven RG.