Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

DRC Modernizes Gambling Sector for Enhanced Revenue Mobilization

DRC Modernizes Gambling Sector for Enhanced Revenue Mobilization

The Democratic Republic of Congo's Ministry of Sports and Leisure announced, in a communiqué published on June 19, 2025, the signing of a memorandum of understanding for a public-private partnership with Burundi’s East African General Trade Company (EAGT). This partnership aims to modernize the oversight of the gambling and sports betting sector, a rapidly expanding field in the country.

According to the Ministry, EAGT will implement a centralized digital monitoring system. This system will connect operators' platforms to transmit real-time reports to the Congolese state. The initiative seeks to bolster sector transparency, enhance tax collection (especially the 10% tax on bettors' winnings), and combat tax fraud.

While no specific timeline has been set for implementation, a pilot phase is planned for Kinshasa. An interministerial commission will rigorously supervise this pilot to ensure robust oversight by public authorities. EAGT will fully cover the project's initial funding, with repayment staggered based on generated revenues, thereby avoiding any immediate pressure on state finances.

This project is part of a broader push to regulate the sector. In 2023, during a Council of Ministers meeting, former Finance Minister Nicolas Kazadi revealed that 139 illegal operators were active in 2022, with no available data on their revenues. Tax collections that same year reached only one billion Congolese francs, a level deemed very low compared to the sector's real potential.

Faced with this situation, the government had considered creating a regulatory authority equipped with a digital tracking system. Projections at the time suggested such a reform could generate over $100 million annually (280 billion Congolese francs at the current dollar value), solely from the tax applied to bettors' stakes.

Burundi offers a successful example. In June 2024, N-Soft introduced a similar system there. According to the Director General of Burundi's National Lottery, this system led to a dramatic 552% increase in the sector's tax revenues.

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
dr-congo-emirati-conglomerate-irh-installs-board-directors-at-alphamin-resources
UAE's International Resources Holding appoints two directors to Alphamin board following 56% stake acquisition Ziad Mikhael and Salman Bhatti...
rawbank-strengthens-management-to-better-implement-its-2026-2030-strategic-plan
Highlights • Rawbank created a Deputy General Manager role for Business and Development, now held by Hugues Bosala, to oversee production, sales,...
new-governor-of-central-bank-of-congo-wants-to-revamp-trust-in-local-currency
New central bank governor André Wameso pledges to rehabilitate the Congolese franc. Strategy rests on stabilizing inflation, boosting demand for...
firstbank-drc-taps-mining-expert-mbembo-bemba-for-new-deputy-role-in-growth-push
FirstBank DRC has created a second deputy managing director position, appointing Mbembo Bemba to the role. According to the bank's 2024 Pillar III report,...

African Economies

MOST READ

Please publish modules in offcanvas position.