Tag Archives: SportPesa
Kenya – SportPesa could return to Kenya following favourable tax ruling
Kenyan betting operators have won a tribunal on whether their players should pay tax on their winnings instead of their original stakes with the Kenyan Tax Appeals Tribunal agreeing with the claim. The court ruled that the tax could only be applied to a player’s winnings at the end of every month, and that the…
Kenya – New taxation forces SportPesa out of Kenyan sports betting
New levels of taxation have forced sports betting company SportPesa out of Kenya. The Nairobi-based company warned that the new 20 per cent tax, up from ten per cent, will force a decline in revenues for the government and could force some parts of the industry underground. It described the regulatory landscape in Kenya as…
