The establishment of Wildlife Management Areas (WMAs) has been adopted as intervention to safeguard the wildlife and their habitats outside the core protected areas in Tanzania. Along with their conservation role, WMAs provide an opportunity for local communities to derive economic benefits from wildlife-based enterprises on their land. WMAs primarily rely on revenues generated from photographic and hunting tourism to support operational activities and create incentives for the local communities to conserve wildlife resources. The current global travel restrictions and lockdown caused by an outbreak of COVID-19 pandemic have reduced a vital funding source for WMAs. This, therefore, undermines the ability to manage the wildlife resources and reward communities for the opportunity cost of their land and other costs associated with coexisting with wildlife. This chapter examines the extent to which the decline of tourism revenues as a result of the outbreak of COVID-19 pandemic has affected WMAs as a framework for local communities to manage and benefit from wildlife. Data were collected through semi-structured interviews on five WMAs in Northern Tanzania that were purposively selected based on their ability to generate a significant amount of revenues from tourism. Findings show that the decline of tourism revenues triggers unprecedented adverse effects on the conservation of wildlife resources within WMAs. Livelihood of the local communities is also affected due to loss of employment opportunities and drop-off of tourism income obtained from the sales of local goods to the tourists and tourist hotels. We recommend the creation of local mechanisms for revenue acquisition that are more resilient to global shocks, diversifying revenue-generating options within WMAs, and putting in place the right funding model that would warrant WMAs sustainability.