Tag: Betting
Mobile Betting Apps in Kenya
In recent years, Kenya has witnessed a revolutionary shift in the world of sports betting, with mobile betting apps taking center stage.
The convenience...
BCLB Proposes New Taxes on Betting to Help Fight Gambling Addiction
The Betting Control and Licensing Board (BCLB) has set its sights again on betting firms with two new taxes lined up. BCLB states the...
KRA Gaming Collections Skyrocket, Surpass KES 15.8B in 2023
Today, taxman the Kenya Revenue Authority (KRA) has given the media an update about tax administration in the betting and gaming industry.
The update...
CA Directs Telcos to Halt Renewing Pay Bill Numbers for Unlicensed Betting Firms
Betting is a big thing in Kenya, and while some betting companies have seen their operation clipped by not following through with existing laws...
Betting Economy is Thriving in Kenya Thanks to Mobile Money
Mobile money use cases are popular across the country and other parts of Africa. According to data collected by GeoPoll, mobile money had a...
Tussle Between Sports Betting Firms and Kenya Government; A Brief Timeline
Sports betting is not a new activity in the country. It began local operations way back in the 1960s when the state introduced the...
Government Orders Suspension of Betting Firms’ PayBill Numbers
The government has decided to direct teclos with mobile money services to withdraw paybill numbers of betting companies.
According to Citizen, the Betting Control and Licensing Board...
Tax on Betting Companies May Settle at 35% After the President Rejects 15% Rate
President Uhuru Kenyatta has turned down the proposal to keep taxes for betting firms at 15%, and has directed the National Assembly to approve...