Malawi Gambling Tax Hike Sparks Fears of Black-Market Exodus
Malawi’s recent increase in gambling tax has raised serious concerns. Industry experts fear a potential mass exodus from licensed betting platforms to unregulated, illegal sites. New Tax Rules Explained Effective last December, the government implemented stricter tax measures on the betting industry. The withholding tax on winnings jumped from 10% to 15%. Additionally, authorities eliminated […]



