This week the government of the African nation of Tanzania announced that they're changing the tax rate on casinos, lowering it from 20% to 15%.
The change applies to the Gambling Act Part 5, Section 31A, and will lower the tax burden for operators. Other changes made include requiring 5% of sportsbetting taxes be deposited into the Sports Development Fund, which will support local sporting groups.
No reason for the changes was made available to the public.
The government previously amended the bill in 2019 to place a 10% tax on virtual games gross gaming revenues and to allow betting companies to market their products.