If the acquisition target comes as no great surprise given its rapid rise to prominence, the company doing the acquiring is another matter....
President Uhuru Kenyatta backed the popular vote in the National Assembly by signing an amendment to the original bill to repeal the tax.
President Kenyatta signed Finance Bill on Tuesday which expunged 20% excise duty on bets staked
In July 2019, Kenya halted the licences of a number of betting sites, including top betting operators such as Betin, Betway and SportPesa.
To make handicap betting interesting and improve the betting odds, applying a handicap makes the results more uncertain.
The firm sent home 362 employees after announcing it had halted operations in Kenya due to tough regulations, including higher taxation.
Leading Betting Firms SportPesa and Betin were forced to close their shops in Kenya after a continued battle with the government. The two...
The firms that have been in operation for an average of five years, noted that they had unsuccessful extensive meetings with government.
The Kenya Revenue Authority (KRA) has cleared 10 betting firms whose licenses had been withdrawn by the Betting Control and Licensing board (BCLB)...