Industry
July 28, 2022
Kenyan Authorities Report Suspicious Jackpot Wins Tied to Money Laundering
Authorities in Kenya have flagged lucrative jackpot wins as potential money-laundering activities. The review was launched by Fred Matiang’i, the interior cabinet secretary, and noted that the owners of the betting companies may launder billions of shillings through the wins. Kenyan Laws Don’t Require Operators to Report Suspicious Activities Current laws in Kenya state that […]
Industry
July 4, 2022
Kenya’s Licensing Demands Stump License Renewals and New Applicants
Kenya’s gambling industry has been unable to regulate properly, with a number of legal challenges, threats, and repeated country exits taking place over the past couple of years. Now, a new report by the Betting Control and Licensing Board has established that the country’s applicants for new and renewed licenses have not been able to […]
Sports
April 22, 2022
Kenya to Ramp up Excise Tax on Gambling to 20%
Authorities in Kenya are proposing to bring back the controversial betting tax rate of 20% which forced Sportpesa out of the country in 2019. The change is introduced via the 2022 Financial Bill. Amendments to the Excise Duty Act 2015 The 2022 Financial Bill, which already passed its first reading at the National Assembly on […]
Legal
February 24, 2022
Kenya Continues to Clamp Down on its Gambling Industry
The government of Kenya’s capital city of Nairobi is going after the multibillion-dollar betting industry. New legislative proposals being considered by lawmakers would restrict gambling to five-star hotels with casinos. There is also the possibility of a four-year jail term and a fine of $87,519 for operating outside of established hours. Nairobi Cracks Down on […]
Industry
October 6, 2021
Amendment to Kenya’s Gambling May Ban Daytime Gambling
A new amendment bill introduced in Kenya is seeking to restrict gambling between the hours of 6 am and 8 pm local time in a bid to protect youths from becoming addicted to the activity, its backer claims. The amendment to the Nairobi City County Betting, Lotteries, and Gaming Bill 2021 is supported by South B MCA Waithera […]
Industry
July 7, 2021
Sports Gambling in Kenya Gets New Life Following Approval of Tax Cuts
A long-running legal battle between Kenya’s government and the gambling industry might be coming to an end. Uhuru Kenyatta, the country’s president and a staunch gambling opponent, seems to be softening his anti-gambling stance, approving a new tax rate on gambling wagers that should appease the gaming industry. Instead of the 20% that had previously […]
Business
June 14, 2021
AretoNet Deploys Full Suite of Products for Kenyan ChesaCash
Provider of full player lifecycle analytics and marketing automation for the iGaming industry AretoNet is entering the Kenyan market after a partnership with popular online sportsbook ChesaCash. Full Suite of Products and Services Malta-based real-time business intelligence services supplier AretoNet announced today it entered into a deal with ChesaCash to provide the Kenyan online sports […]
Legal
June 14, 2021
Kenyan Soccer Clubs Urge Government to Avoid 20% Excise Tax
Soccer in Kenya is facing new troubles as the government is preparing to reintroduce a once repealed 20% excise tax on sports gambling. Excise Tax on Gambling to Be Reintroduced in Kenya Kenyan soccer clubs are once again in a pickle after the National Treasury and Planning Cabinet Secretary Ukur Yatani said that a previously repealed 20% […]
Legal
March 23, 2021
SportsPesa Still In Legal Limbo After Appeal Rejection
The Kenyan Judiciary has rejected Pevans East Africa’s appeal to reinstate SportsPesa’s activities within the country. The operator claims that the suspension is unfair. Kenyan Judiciary Rejects SportsPesa’s Appeal SportsPesa, a live casino and online gaming operator in Kenya, will continue to operate in legal limbo for the near future. The Kenyan Judiciary denied Pevans […]
Sports
March 15, 2021
Football Kenya Federation Calls for Action against Match-Fixing
Football Kenya Federation urged lawmakers to take action against match-fixing during a workshop organized last week. The Federation acknowledged match-fixing as a “global menace” and called for the creation of a legal frame fighting against the activity. FKF Organized Integrity Workshop Last Week Disciplinary actions may soon be considered by lawmakers in Kenya against people […]