Kenya’s Gambling Regulatory Authority plans a distinct licence category for prediction markets, according to director general Peter Karimi as reported. The authority has not disclosed an implementation date or application requirements; Karimi said it views prediction markets as gambling because they concern future outcomes. The GRA has opened its 2026–2027 licensing period, and companies have contacted it about the proposed category.
Kenya's Gambling Regulatory Authority (GRA) plans to create a separate licence category for prediction markets, according to director general Peter Karimi in an interview published by Business Daily on 18 October. The GRA has opened its 2026–2027 licensing period, and companies have contacted the authority about the proposed category, Karimi said. The regulator has not disclosed an implementation date or application requirements.