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Gambia Sets 50% Tax on Gambling Winnings in 2026

Gambia Sets 50% Tax on Gambling Winnings in 2026

The Government of The Gambia will raise taxes on tobacco products and gambling winnings as part of its 2026 revenue measures, Seedy Keita, Minister of Finance and Economic Affairs announced, during his presentation to the National Assembly. These changes are in line with the country’s commitments under the WHO and ECOWAS tobacco control frameworks.

Minister Keita stated that the tobacco control levy on cigarettes, cigars, and cigarillos will increase from D2 per kilogram to D3 per kilogram. Additionally, the tax on winnings from betting, gaming, lotteries, and other gambling activities will rise from 40% to 50%. This increase aims to address the social challenges associated with gambling.

“The tobacco control levy on cigarettes, cigars, and cigarillos will go up from D2 per kilo to D3 per kilo. The tax on winnings from betting, gaming, lotteries, and gambling will increase from 40% to 50% to strengthen our efforts against the issues posed by gambling in society,” Minister Keita explained.

The minister also announced plans for a new digital platform that will enhance revenue assurance and oversight in the gaming sector. In addition to these changes, Minister Keita revealed the introduction of a carbon-based excise duty on fuel products, which will replace the current ad valorem excise system. This measure reflects the government’s commitment to combating climate change and supporting national energy transition initiatives.

Furthermore, the government plans to implement an annual social protection levy on all motor vehicles, motorbikes, and tricycles. Minister Keita noted that this levy aims to provide a sustainable funding source for essential social protection programs. “An annual social protection levy will be introduced for all motor vehicles, motorbikes, and tricycles to help finance crucial government social protection initiatives,” he added.

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