.jpeg "PROCEDURE FOR OBTAINING GAMING LICENCE IN TANZANIA")
GAMING BOARD OF TANZANIA
1. INTRODUCTION
Before one ventures into gaming business, it is always safe to seek clarifications of various
matters in that regard by visiting the offices of the Gaming Board of Tanzania (GBT) for
appropriate guidance. The following basic information may guide you accordingly, however
it is strongly advised to read and understand the statutory requirements involving licensing as
provided in the Gaming Act, Cap. 40 and the Gaming Regulations, 2003. They can be
accessed through our website www.gamingboard.go.tz)
1.1. Section 7 (2) of the Gaming Act, Cap. 40 mandates the GBT to oversee, monitor and
regulate the conduct of gaming activities in Tanzania; as such anyone wishing to engage
in any gaming business must obtain gaming licence issued under the provisions of the
Act.
1.2. It is unlawful under the Act, Section 77 (1) (i) to conduct any gaming operation without
a valid licence.
1.3. This information is intended to guide those wishing to engage in gaming operations
with exception of promotional lottery and other miscellaneous gaming operations.
1.4. Licences will only be granted to suitable persons with proven probity standing. All
applicants shall be subjected to background investigations and vetting processes
including sources of funds to be used in the business.
2. GENERAL CONDITIONS
2.1. Regulation 3 of the Gaming Regulations, 2003 provides for the general qualifications in
respect of issuance of gaming licence. No person shall be issued with a gaming licence
unless that person:
2.1.1. has never been denied a gaming licence by the GBT or any other jurisdiction
2.1.2. has never had a gaming licence suspended or revoked here in Tanzania or other
jurisdiction;
2.1.3. has never withdrawn an application for any gaming licence anywhere for
whatever reasons;
2.1.4. possesses a gaming premises that are deemed suitable by GBT; (It is strongly
advised that applicants should first identify the premises and seek clarification
from GBT as some of the premises may not be suitable for gaming purposes.
Kindly make reference to Reg. 19 of the Gaming Regulations, 2003)
2.1.5. complies with all the provisions of the Act and the Gaming Regulations, 2003;
2.1.6. has not been convicted of any criminal offence involving fraud or dishonesty;
and
2.1.7. has proof of adequate financing available to pay all obligations and to provide
for adequate working capital to finance the gaming operations
2.2. Applicants will be subjected to background investigations and vetting processes
including sources of funds to be used in the business. Kindly refer Reg. 7 of the
Gaming Regulations, 2003. It is expected that applicants will provide the necessary
cooperation to enable GBT to examine the application appropriately.
2.3. GBT will require the following basic documents necessary for processing of the
application:
2.3.1. Two copies of Business Plan/Feasibility Study. It is expected the study should
contain the following:
2.3.1.1. Clear statement of project objectives;
2.3.1.2. Applicants’ profile;
2.3.1.3. Details of investment costs and how the proposed investment will be
financed; name the specific sources of funds and their contacts; terms
and conditions of the loans if applicable;
2.3.1.4. Sources of technology if applicable and gaming equipment;
2.3.1.5. Projected financial and economic analysis; the financial analysis
including projected Annual Balance Sheets and Income Statements for
the first four years;
2.3.1.6. Market study ;
2.3.1.7. Expected employment generation;
2.3.1.8. Proposed implementation schedule, and
2.3.1.9. Any other information that will useful for the determination of the
application.
2.3.2. Dully filled application forms and application fee paid.
2.3.3. Dully filled Personal Declaration Form for each director.
2.3.4. A copy of the company’s Memorandum and Articles of Association, in case no
company has been formed, submit a copy of proposed Memorandum of
Association and Articles of Association.
2.3.5. A certified copy of the Certificate of company incorporation.
2.3.6. Evidence of sufficient finance capital available for the implementation of the
project.
2.3.7. Proof of citizenship of every incorporator/subscriber, and every director and
senior officer. This includes detailed Curricula Vitae, photocopy of the first five
pages of a passport, a passport size photograph and historical background.
2.3.8. Audited Balance Sheets and Income Statement of every
incorporator/subscriber and every director and senior officer.
2.3.9. Tax Clearance from the Income Tax office of a country of origin of the
applicant and every director and senior officer.
2.3.10. Statement from two persons (not relatives) vouching for the good moral
character and financial responsibility of the incorporators/subscribers and the
proposed directors and senior officers.
2.3.11. Company Board of Directors’ resolution to invest in Tanzania.
3. MINIMUM INVESTMENT CAPITAL
3.1. Minimum Investment Capital for a Local Company shall be USD 300,000.00. For
purposes of this requirement, Local Company means a company incorporated in
Tanzania and whose majority shareholder(s) are/ is a citizen(s) of Tanzania.
3.2. Minimum Investment Capital for a Foreign Company shall be USD 500,000.00. For
purposes of this requirement, Foreign Company means a company incorporated
outside Tanzania or a company incorporated in Tanzania but whose majority
shareholder(s) is/are not citizens of Tanzania.