BETTING KENYA Kenya’s crackdown on online sports betting 3 years ago Samuel Post Views: 944 A few weeks back, the Kenyan government decided to take charge in the ongoing online sports betting battle by implementing a 20% tax on all betting stakes. This lead to the exit of the two main betting companies, SportPesa and Betin. But it also made a big chunk of the market up for grabs for foreign operators, who will look to strike while the iron is hot. The question of online sports betting has long been a dividing issue in Kenya. On one hand, there are advocates who claim that online betting is beneficial for the state, as it generates both a tax income, sponsorships for national events, and jobs for Kenyans (SportPesa and Betin are estimated to have laid off 2500 employees as they left the Kenyan market). On the other hand, there are those who claim sports betting is a bad influence on the population due to gambling addiction. The growing ease of mobile betting is also a worry, as it makes it harder to keep online betting away from children, who are more prone to be affected negatively from it. Whether the new law with higher taxation is a way to force the hands of operators and purposely push them away, or if it is what the Kenyan government thinks is a reasonable level is hard to say. However, it has made the market a lot more restricted. A statement from SportPesa claimed that the tax is based on a fundamental misunderstanding of the betting industry, as reported by Goal.com. However, this uproar has created an opening for foreign operators, who are not shy to claim the market shares left by Betin and SportPesa. When it comes to the growth of African betting, Kenya is at the forefront, and has therefore attracted a large interest from abroad. There are several international betting sites that are active in Kenya, and they welcome Kenyan players with open arms. Among them are well-known brands such as Bet365 and Betway, but also the underdog 22Bet who separates themselves by offering deposits with Airtel and M-Pesa. Where this story will end is still unknown, but as domestic laws make it more difficult for homegrown operators, the Kenyan government will have to count on foreign operators to claim more and more of the real estate in the online betting market. Source: hapakenya.com About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: betting crackdown, Kenya, sports betting Continue Reading Previous Betting companies in Africa should target footballNext Kenya – Why Odibets’ partnerships with grassroots teams is a game-changer More Stories KENYA ONLINE Leading Africa’s casino GamePawa launches in Kenya 4 hours ago Szarlot BETTING KENYA Court orders gambling firm to pay former staff Sh12m in terminal dues 5 hours ago Samuel BETTING SOUTH AFRICA Kambi Group to Continue Supplying SunBet with Solutions 8 hours ago Samuel BETTING GHANA Betway extends sponsorship for Ghana Women’s Premier League 8 hours ago Samuel BETTING WORLD NEWS LeoVegas Group launches new global partnership with Inter 8 hours ago Iwo Bulski BETTING KENYA Ndungú’s stake in Sportpesa firm risks seizure without pay 1 day ago Szarlot BETTING NIGERIA Parimatch Tech evolves into GR8 Tech 1 day ago Szarlot CASINO KENYA Illicit brew, counterfeit goods retrieved in a nationwide police crackdown 1 day ago Samuel BETTING SOUTH AFRICA SIS, Kiron Interactive in Africa partnership 4 days ago Szarlot BETTING UGANDA Melbet online betting is a stable source of income 4 days ago Szarlot BETTING WORLD NEWS Bookmaker 1xBet denies problems with license and connection with Russia 4 days ago Samuel EXPERTS KENYA Gamblers Rejoice As Court Scraps Nairobi Law 4 days ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.