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Kenya’s National Assembly approves 5% betting excise duty

Regulation

Kenya’s National Assembly approved Finance Bill 2025 amendments reducing excise duty on betting, prize competitions and lotteries from 15% to 5%, according to a report. The bill would also make the duty payable when customers transfer funds from mobile wallets to betting accounts; it awaits presidential assent.

If the bill receives assent, operators face a lower excise rate and a collection point tied to customer fund transfers.

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Washington gambler sues Kalshi over alleged $308,781.62 losses

Scott Bright filed a lawsuit against Kalshi in King County Superior Court, alleging the platform violated Washington's online gambling ban. His complaint says he lost $308,781.62 between 17 June and 14 August 2026; Kalshi has sought dismissal and argues its event contracts are regulated under federal law and that counterparties, not the company, received his losses.

Scott Bright has sued Kalshi in Washington, alleging that its prediction market violated the state's online gambling ban. Kalshi has sought to dismiss the case.

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