Kenya Revenue Authority onboards 87 betting firms to tax system
Kenya Revenue Authority’s betting tax system had onboarded 87 additional betting firms by 14 June 2023, according to the report. The system was introduced in October 2022 to support daily collection of 7.5% excise duty on bets and 20% withholding tax on winnings. Betting Control and Licensing Board chair Jane Makau said onboarding would be a licensing requirement for all betting and gaming businesses operating in Kenya.
Onboarding is tied to daily tax collection and a stated licensing requirement for betting and gaming businesses.