Betting in Kenya
KRA Eyes Betting Billions With 20% Stake Tax
A State-backed proposal to introduce a 20% stake tax on gambling is among amendments proposed to the Excise Duty Act through the Finance...
MARTIN SIELE1 Mins read
![Media Media houses in Kenya, like many of their counterparts around the world, make money from SMS-based interactive events. [Photo/ Freelancing Hacks]houses in Kenya, like many of their counterparts around the world, make money from SMS-based interactive events.](https://businesstoday.co.ke/wp-content/uploads/2021/05/how-much-do-illustrators-make.jpg)
Media Gaming Frenzy: Kenyan TV, Radio Stations Minting Millions
The influx of game and trivia shows, polls, contests and other SMS-based events on leading Kenyan TV and radio stations tells an interesting...
BUSINESS TODAY2 Mins read
![If the excise duty is reinstated, betting firms in Kenya are likely to report lower revenues. The government has maintained its stance on mitigating negative societal effects of sports betting through taxation and enhanced regulation.[Photo: YogoNet]](https://businesstoday.co.ke/wp-content/uploads/2021/05/Sports-betting-mistakes-696x391-1.png)
Return of 20% Betting Tax Spells Doom for Big Players
The Cabinet Secretary Ukur Yattani-led National Treasury is seeking to re-introduce excise duty on betting, charged at the rate of 20% of the...
MARTIN SIELE1 Mins read
Odibets Launches Free Browsing on its Betting Platform
Betting fanatics are in for a ride of their lifetime after the introduction of a new feature christened "Bet bila bundles" by one...
BT Reporter1 Mins read
Eldoret Betting Fan Wins Sh333,542 From a Sh500 Stake
Triple5bet Kenya has announced its latest winner, adding to its growing list of big winners. William Musoti, a resident of Eldoret and regular...
BT Reporter1 Mins read
SportPesa Hangover Leaves Betting Firms in Crazed Race for Market
Existing Kenyan betting companies have been offering outrageous goodies to lure customers and dominate the industry, recently disrupted by the exit of SportPesa...
BT Correspondent1 Mins read
For Africa to Get Its Share of the Pie, It Must First Bake It
Time is not on the side of Africa to make the 21st century the continent’s century for development. Underpinning the pace (or not)...
GREG MILLS3 Mins read
Report lays bare Kenyans’ insatiable attachment to porn, betting websites
Two porn websites and three betting sites feature among the top 10 websites that Kenyans frequent, a new report by Nendo, a Kenyan...
Samuel Gitonga2 Mins read
