Betting

97 Articles
FEATURED STORY

MPs lament of 10% tax on betting

While reading the 2019/2020 budget report, Cabinet Secretary for Finance hit betting companies in Kenya with a bombshell after announcing the measures the...

SMART MONEY

Gamblers hit as KRA gets nod to collect 20% tax on betting wins

In a major blow to betting and gambling fans, the Kenya Revenue Authority (KRA) has received a greenlight to collect withholding tax on...

Interior CS Fred Matiang'i gestures during a past event.
FEATURED STORY

Matiang’i turns guns blazing to betting firms foreign investors

Over 50,000 Kenyans blacklisted by the Credit Reference Bureau (CRB) over defaults in repaying loans are gamblers, noted Interior Security Cabinet Secretary Dr...

Ever since the government crackdown on betting firms, only a handful firms have been operational. www.businesstoday.co.ke
FEATURED STORY

Betting ads ban suspended as gamble pays off

The ban on betting ads that was set to be in effect by May 30 will have to wait a little longer. MC...

FEATURED STORY

Advertisers’ association opposes restriction on gambling

The Association of Practitioners in Advertising is opposing the proposed ban on gambling adverts. In a press release placed in sections of the...

Ever since the government crackdown on betting firms, only a handful firms have been operational. www.businesstoday.co.ke
FEATURED STORY

Banned! No more gambling ads after May

It is probably not a good bet to place your money on gambling ads. This is after stringent rules have been placed on...

Times Tower. The KRA headquarters in Nairobi
SMART MONEY

SportPesa betting winner giving KRA sleepless nights

Magistrates Court order frustrates KRA’s bid to collect taxes from sports betting winners

FEATURED STORY

SportPesa places a big bet on Formula One

SportPesa is the newest title partner for Formula One team Racing Point, which has been rebranded to SportPesa Racing Point F1 Team, in...

FEATURED STORY

SportPesa Celebrates 5th anniversary

SportPesa has grown in the past five years to be listed twice among the top 50 brands in East Africa by Superbrands -...