BETTING KENYA Sportpesa has been paying billions of shillings To UK company 4 years ago Samuel Post Views: 641 The biggest betting company ever seen in Kenya, SportPesa, was denied it’s licence by Matiang’i, due to tax violation rules. Ever since, it has been finding ways to come back, lately announcing that it will be back when the Kenya Premier League resumes next season. Kenya was ranked among the leading nations in gambling. This is due to high rate of unemployed people, more especially the youths. This made many Kenyans to see gambling as a way of surviving, at least to put something on the table, at the end of the day. The gambling industry targeted, the huge number of persons with smartphones, by sending them attractive messages luring them on how they can win a huge amount of money, and change their lives completely. Gambling brought a lot of negativity in the community. It led to depression among the youths, as they even used school gees to place their stakes, which in turn they lost. Marital conflicts emerged, has parents especially the fathers used money meant for basic needs, for gambling purposes. Betting led to deaths, people committed suicide after loosing their stakes. Due to this reasons, Interior Cabinet Secretary Dr. Fred Matiang’i, saw this consequences, and immediately decided to confiscate some of the leading betting sites licence, such as Bettin. The government started to impose a 20% tax on both the gambler and the company, at least to control the menace. Failure to comply to that a taxation policy, SportPesa was among the first companies whose licence was withdrawn by the government. The latest news, The Daily Nation reported that: SportPesa has been sucking money from Kenyans by paying billions of shillings to a software company it owns in the UK. This reduced their tax bills in Kenya. Source: ke.opera.news 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: Kenya, SportPesa, tax Continue Reading Previous Popular betting terms used by Africa’s online betting sitesNext The Five Strangest Side Bets in the History of Gambling More Stories BETTING GHANA Betpawa to invest 1.3 million cedis in “Locker Room Bonuses” 15 hours ago Szarlot BETTING SOUTH AFRICA Premier Soccer League doubles down on responsible betting 16 hours ago Szarlot BETTING SOUTH AFRICA Hollywoodbets Brings Cricket Into All SA Living Rooms 16 hours ago Samuel BETTING HOT NEWS NIGERIA Nigeria’s sports betting boom: The $2 billion industry shaping the economy 16 hours ago Szarlot BETTING TANZANIA EveryMatrix secures largest African turnkey deal with MBet 4 days ago Szarlot BETTING SOUTH AFRICA Betway Joins Forces with PSL to Champion Safer Gambling in South Africa 4 days ago Szarlot BETTING KENYA African Nations Shaping the Continental Sports Wagering Scene 5 days ago Szarlot BETTING KENYA Gambling firm appeals against order banning use of speed dial features 5 days ago Samuel BETTING NIGERIA How Tips180 Is Changing The Prediction Game 5 days ago Samuel BETTING KENYA Sunbet Sporting Site Set To Disrupt Africa’s Betting Industry 7 days ago Samuel BETTING ZAMBIA 1xBet sponsors Zambia national team at the IMMAF World Championships 7 days ago Iwo Bulski BETTING GHANA Popular Sports to Bet on in Ghana at Melbet 1 week 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.