Betting, gaming players warn against more taxes

Betting, gaming players warn against more taxes

The proposed value-added tax (VAT) on betting and the increase in excise duty to 20 percent in Kenya could lead to the disappearance of at least 80 percent of sportsbook bets in the market, making investment in the sector unviable and triggering capital flight.

Betsafe joins firms exiting Kenya on increasing taxes

Betsafe joins firms exiting Kenya on increasing taxes

Betsafe has exited the Kenyan market due to increased taxation, rendering its employees jobless.