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
December 18, 2020
SportPesa Officers Almost Raided by Kenyan Gambling Regulator
SportPesa’s offices in Nairobi, Kenya were almost raided by the Kenyan gambling regulator after officials showed up at the building on Thursday but couldn’t gain entry and had to leave empty-handed. More Legal Woes for SportPesa in Kenya Troubled sports betting operator SportPesa has had its offices in Nairobi, Kenya almost raided by the Betting […]
Sports
December 2, 2020
Betsafe Arrives on Kenyan Market, Ready to Take on Sportpesa
The sports betting industry in Kenya has just got more competitive with Betsson’s leading sports betting brand, Betsafe, dipping a toe into the country after previously sponsoring two of Kenya’s largest soccer teams. Kenya Welcomes Betsafe as an Official Betting Operator Betsafe, a Betsson brand, is all fired up to make its mark on Kenya, […]
Legal
November 19, 2020
SportPesa Overturns BCLB License Suspension in High Court
Once the dear of the Kenyan sports betting industry, SportPesa is fighting the government on all sides in an attempt to restart operations and avoid paying an unjust back tax. SportPesa Wins High Court Approval over License Sports betting firm SportPesa has been playing a tug-of-war with authorities since it quit the regulated Kenyan market […]
Industry
November 18, 2020
FRC Launches Investigation into SportPesa’s Money Transfers
Ever since Milestone Games attempted to restart the SportPesa sports betting brand in Kenya, the name which was once the icon of the country’s betting industry is now a subject of controversy and investigations, the latest one being from the Kenya’s financial crime authority over alleged money laundering. Money Transfers of Interest The Financial Reporting […]
Legal
November 3, 2020
SportPesa Considers Taking Former Chair to Court for Allegations
Kenyan number 1 sports betting operator SportPesa is considering taking legal action against its former chair Paul Ndung’u, after a series of allegations of improper business conduct from non-Kenyan shareholders of the company. Transfers to Offshore Funds SportPesa officials believe the extent of the utterly false claims from Paul Ndung’u requires a proper response which […]
Legal
October 31, 2020
SportPesa Kenya Blocked a Day after Coming into Operation
Regulators in Kenya have shut down SportPesa once again only hours after the sportsbook came back online. SportPesa Caught in Legal Battle over Trade Mark Name Again SportPesa is dead, long live SportPesa. The emotional roller-coaster for Kenyan sports bettors continues as their favorite sportsbook returned on Friday, but was blocked by the country’s Betting […]
Sports
October 30, 2020
SportPesa Officially Back in Kenya, Resumes Sportsbook
Leading sports betting operator SportPesa has made an official return in Kenya after a year since it left the country in October, 2019. Update (31/10/20): The Betting Control and Licensing Board (BCLB) has suspended Milestone Games Limited’s right to use the ‘SportPesa’ trademark – read more details here. SportPesa Is officially Back in Kenya […]
Legal
July 1, 2020
Kenya Overturned Controversial Tax Paving SportPesa’s Way Back
The controversial tax on sports betting turnover in Kenya is already part of the history as President Kenyatta signed the 2020 Finance Bill Tuesday, despite some concerns he may not give his approval. National Assembly Approved, President Signed into Law The 20% tax on betting turnover was looking more than certain to be carried from […]
Legal
June 25, 2020
Kenya: Betting Turnover Tax Overturned, Pending President’s Approval
The tax on sports betting turnover in Kenya has been removed in an unexpected development of events, after the National Assembly of the country approved the Finance Bill 2020, the budget for the fiscal year starting July 1. The tax that was part of the 2019/2020 budget of the country was almost certain to be […]