According to the Namibian Gambling Control Act, a gambling license costs N$1,000 for the first year and N$500 for each subsequent year. The cost of a gaming machine operator’s license is 10% of the total cost of all gaming machines that the license will operate, with a minimum fee of N$5,000 and a maximum fee of N$ 50,000.

Gambling licenses in Namibia cost N$1,000 for the first year and N$500 for each subsequent year

If you’re looking to start a gambling business in Namibia, be prepared to shell out for a license. Gambling licenses in the country cost N$1,000 for the first year and N$500 for each subsequent year. That’s not an insignificant amount of money, but it’s certainly worth it if you want to set up shop legally. Just make sure you have your finances in order before applying – otherwise, you could end up facing some hefty fines.

Operating a gambling business in Namibia

If you’re planning on operating a gambling business in Namibia, be prepared to pay for a license. The cost of a gaming machine operator’s license is 10% of the total cost of all gaming machines that the licensee will operate. So, if you’re planning on operating five gaming machines, your minimum fee would be N$5,000. And if you’re looking to operate 50 gaming machines? The maximum fee is N$50,000.