M-BET is a company incorporated under the laws of Tanzania, and licensed by the Gaming Board of Tanzania, for the purpose of conveniently providing - making available with easy access and interaction to Mobile Betting services to the entire country via Mobile Networks and Electronic Wallet services.
Introducing the first of its kind innovated and original concept of offering Sports Betting (Football) via a stable and established Electronic Wallet system network in Tanzania and East Africa. This concept has proven to be the trend for substantial revenue growth and potential in the International Gaming Industry today.
M-BET will be offering a Sports Betting service that covers all Major Football Leagues’ to ensure the availability of an extensive variety to our clients, with the added value of ease of payments and collections to our clients.
M-BET has strategically designed a technical platform on which transactions would be calculated and verified to communicate to the Mobile Networks systems, and in turn ensure a smooth and accurate transaction due the fully automated and tested systems.
From July 1st 2018 comes into force the new tax on winnings for sports betting games. The new tax has been directed by the Gaming Board of Tanzania. This implies that players will be deducted a 20% winning tax on the possible wining less the amount wagered.
You can download the official document detailing this new tax.Document download