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Kenya imposes 5% tax on betting and gaming account withdrawals

Regulation

Kenya’s Finance Act 2025 introduced a 5% withholding tax on withdrawals from betting and gaming accounts, effective 1 July 2025, including withdrawals of deposits that have not been wagered. The Parliamentary Budget Office warned the levy could drive some players to unregulated sites and projected sector revenue could increase from Ksh5.4 billion to Ksh11.4 billion, while noting risks to that forecast.

Operators must apply the withdrawal levy even when customers take out funds that were not wagered.

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Regulation

Chicago imposes 10.25% sports betting tax as operators challenge levy

Chicago’s 10.25% sports betting tax took effect on 1 January after Mayor Brandon Johnson allowed the city budget to become law without signing or vetoing it. The Sports Betting Alliance, representing bet365, BetMGM, DraftKings, Fanatics and FanDuel, is challenging the city’s authority in court; Illinois lawmakers are also considering measures concerning local betting taxes.

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