
(3 Minutes Read)
The 2022/23 annual report from the Gambling Authority reveals a significant rebound in the gambling sector, marking an 18.6% increase in total gross gambling revenue (GGR) compared to the previous financial year. According to the report, the Authority collected a total of P206,184,212.63 in GGR during the 2022/23 fiscal year, up from P173,733,516.25 in 2021/22. This positive trend reflects a strong recovery from the disruptions caused by the COVID-19 pandemic, which had severely affected the industry in 2020.
As a result of the increased gambling activity, levies paid to the Gambling Authority rose by 12.1%, indicating a broader fiscal benefit for government revenue. The Responsible Gambling Levy and entrance fees also recorded notable increases of 21.5% and 20.1%, respectively, further underscoring the sector’s revitalization. Specifically, P9.2 million was collected through the Responsible Gambling Levy, while entrance fees contributed P3.3 million during the same period.
The report highlights that all licensed casinos met revenue expectations, a trend largely attributed to the ongoing economic recovery. The resumption of tourism, entertainment, and hospitality services post-COVID has played a crucial role in revitalizing consumer spending within the gambling industry.
In terms of market share, Grand Palm Casino retained its leading position, increasing its dominance from 40% to 44% of the total market. Avani Casino followed with a 23% share, while Moonlite Casino held steady in third place with 21%. Notably, these top-performing establishments are located in Botswana’s urban centers—Gaborone and Francistown—which continue to serve as hubs for gambling activity.
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The report also notes a positive trajectory in casino revenues dating back to 2018, with the exception of the dramatic decline seen in 2020 due to the pandemic. However, the 2022/23 figures demonstrate that the industry is not only recovering but is also gaining momentum, positioning itself for continued growth in the coming years.