Economics and statistics

Zimbabwe's gambling economy is concentrated in Harare, Bulawayo and tourist Victoria Falls.

Turnover is formed primarily by sports betting and lotteries; offline casinos remain niche, but add margin due to F&B and VIP.

Currency reality - the predominance of USD settlements: a high share of cash and cards, and the share of mobile wallets is limited by KYC/AML requirements.

The seasonality of demand is determined by the football calendar (weekend/prime time) and tourist peaks when drop on tables and checks in resort locations grow.

Budget receipts are made up of license fees, taxes/levy on GGR/turnover and deductions from large winnings; tightening compliance and digitalization of reporting increase collection.

Employment is created in retail, security, F&B, IT and marketing.

Key KPIs: number of licensed operators and POS/agency points, online share, average check and betting frequency, payout/take rate, live vs pre-match, ARPU/ARPPU, payment structure (cash/USD vs cash), GGR by product (sports/lotteries/slots/live), tax revenues and gray segment valuation.

The main risks are currency volatility and payment failures, offshore traffic and communication interruptions; growth factors - digitalization of control, partnerships with tourism and a localized product.