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Zimbabwe introduces 10% tax on sports betting winnings in 2025 Budget Zimbabwe RegulationThe Government of Zimbabwe has announced a new 10% tax on gross winnings from sports betting, as part of its efforts to regulate the thriving gambling sector.November 29, 2024
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Zimbabwe boosts gambling sector tax compliance with ATAF support Zimbabwe RegulationThe African Tax Administration Forum (ATAF) provided technical assistance to the Zimbabwe Revenue Authority (ZIMRA).September 21, 2024
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Zimbabwe approves Lotteries and Gaming Amendment Bill to enhance regulation and responsible gambling Zimbabwe RegulationOn August 28th, the Cabinet of Zimbabwe approved the principles of the Lotteries and Gaming Amendment Bill.August 30, 2024
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Logifuture launches simulate in Zimbabwe through Bolabet partnership ZimbabweLogifuture, a prominent provider of innovative gaming solutions, has announced a long-term partnership with Bolabet, a key player in the African betting industry. This strategic collaboration represents a significant milestone as Bolabet becomes the first operator to integrate Logifuture’s leading virtual product, Simulate, into its platform for the Zimbabwean market.August 8, 2024
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Zimbabwe warns against illegal gambling operations, threatens shutdowns and prosecution Zimbabwe RegulationHome Affairs and Cultural Heritage Minister Kazembe Kazembe has issued a stern warning to individuals and entities operating gaming shops and casinos without proper licenses in Zimbabwe. Kazembe emphasized that such activities are illegal and pose significant threats to public safety.June 21, 2024
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Zimbabwe casinos ban winning prophet after $30,000 jackpot vision Zimbabwe RegulationProphet Emmanuel Mutumwa from Bulawayo, Zimbabwe, asserts that God revealed the winning casino numbers to him in a vision. He won a jackpot exceeding US$30,000. However, the celebrations were short-lived as multiple casinos reportedly banned him, alleging concerns about excessive payouts to a player believed to have supernatural assistance. In an exclusive interview with B-Metro, Archbishop Mutumw...June 16, 2024
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Zimbabwe seeks public consultation to develop crypto regulations Zimbabwe CryptocurrenciesZimbabwean government has launched a comprehensive initiative to assess the country's cryptocurrency landscape and develop a regulatory framework tailored to its specific needs.June 12, 2024
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Zimbabwean betting company faces property seizure for refusing to pay player winnings Zimbabwe Sports bettingThe property of Zimbabwean bookmaker company Bezbets has been attached by the Messenger of Court after the company refused to pay a player's winnings, according to the Herald. The incident stems from a roulette bet placed by Prosper Dembedza on the Bezbets online platform in October 2023. Dembedza's bet of $394 resulted in a significant win of $5,400.May 23, 2024
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Zimbabwe establishes NRACC to assess cryptocurrency ecosystem Cryptocurrencies ZimbabweThe government of Zimbabwe has taken a proactive step in addressing the challenges and opportunities presented by cryptocurrencies by setting up the National Risk Assessment Coordination Committee (NRACC). This committee has been mandated to engage with stakeholders in the cryptocurrency sector to comprehensively evaluate Zimbabwe's cryptocurrency landscape.May 16, 2024
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Zimbabwe bans police officers from sports betting Regulation ZimbabweZimbabwe has banned police officers from betting on sports. This happened after the publication in social networks of a photo of two uniformed police officers betting in a bookmaker's office in the capital Harare.January 14, 2024