BETTING KENYA Shocking details of Sh30bn-a-month bets 3 years ago Iwo Bulski Post Views: 597 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 About Post Author Iwo Bulski Issues 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. See author's posts 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 SOUTH AFRICA Betfred SA denies it owes Joburg City Power over R3m in unpaid lights bill 6 mins ago Szarlot BETTING TANZANIA Parimatch Tech becomes GR8 Tech 8 mins ago Samuel BETTING GHANA Why Ghana Must Widen the Distance Between Sports Betting and Education Centres 3 days ago Szarlot BETTING WORLD NEWS 1xBet Statement: Curaçao License is Valid and Fully Operational 3 days ago Iwo Bulski BETTING GHANA How to bet on sports responsibly? 3 days ago Szarlot EXPERTS KENYA BetEngines launches the first Sportsbook software solution tailor-made for the African market. 4 days ago Adeleye Awakan BETTING UGANDA Up To 20 Arsenal Fans Arrested Over Trophy Parade In Uganda 4 days ago Samuel BETTING NIGERIA 13 players win over N160m via BetKing’s ACCA 4 days ago Szarlot EXPERTS KENYA Ronald Karauri’s Inspiring Journey from Pilot to SportPesa Billionaire 4 days ago Szarlot KENYA ONLINE The Rise of Crypto Casinos in Kenya 4 days ago Samuel EXPERTS KENYA Betting firms rush to comply with new tax regulations 5 days ago Samuel BETTING GHANA GFA urged to ban sports betting in Ghana Premier League 5 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.