BETTING KENYA Shocking details of Sh30bn-a-month bets 7 days ago Iwo Bulski Post Views: 109 The enormous scale of Kenya’s betting addiction can now be revealed. Leaked figures from the betting regulator show that punters wagered more than Sh30 billion (US$300 million) in a single month last year. The staggering size of the local betting industry has emerged from a leaked spreadsheet of revenue declarations made by gambling firms to the Betting Control and Licensing Board (BCLB) for May 2019, shortly before the government introduced tougher regulations and higher taxes. Extrapolating from this monthly figure, punters were on track to spend more than Sh360 billion on betting annually had the government not stopped the party. This amount is Sh257 billion more than what the national government allocated to health in 2019/20. It is also more than the Sh327 billion used to build the Standard Gauge Railway from Mombasa to Nairobi and buy locomotives and coaches. It is also more than the Sh310 billion allocated to counties as shareable revenue last year. (…) Full article on nation.co.ke Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: betting, betting addiction, Kenya Continue Reading Previous Not all is lost for African fans as Bundesliga returns amid footballs new normalNext Egyptian Premier League to return in mid-June, PM says More Stories BETTING eSports is the future of online betting 13 hours ago Iwo Bulski BETTING SOUTH AFRICA What is the future of Africa’s online sports betting? 4 days ago Iwo Bulski BETTING PROMOTION Betway – New Customer Bonus Offer – Option 1 4 days ago Piotr Kostecki BETTING NAMIBIA Namibia – Hospitality, tourism sector can now open 5 days ago Iwo Bulski BETTING WORLD NEWS Betway set to sponsor Sevilla FC 6 days ago Iwo Bulski ANGOLA BETTING Angola authorizes betting and online gambling with licenses for 10 years 6 days ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published.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. This site uses Akismet to reduce spam. Learn how your comment data is processed.