BETTING KENYA Sportpesa has been paying billions of shillings To UK company 4 years ago Samuel Post Views: 593 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 Failure to comply to that a taxation policy, SportPesa was among the first companies whose licence was withdrawn by the government.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 EXPERTS KENYA Child Online Protection 6 hours ago Samuel BETTING UGANDA 1000 Ugandan students drop out annually due to sports betting 1 day ago Szarlot BETTING NIGERIA Three more ambassadors join King Kanu at Sportsbet.io 1 day ago Szarlot BETTING HOT NEWS UGANDA Dear retiree, to pay university fees is to bet on sports 3 days ago Samuel EXPERTS KENYA How SiGMA’s Expansion into Kenya is Reshaping the African Gambling Landscape 3 days ago Szarlot BETTING NIGERIA How Nigerian Sport Promotes Responsible Gambling 3 days ago Szarlot BETTING NIGERIA Charting Nigeria’s online gambling growth amid regulatory battles 3 days ago Samuel BETTING ZAMBIA Formula 1 drives sports betting for African players. 6 days ago Szarlot BETTING SOUTH AFRICA Golden Matrix completes acquisition of MeridanBet Group 6 days ago Iwo Bulski BETTING SOUTH AFRICA South African Gambling Regulation: A Closer Look 1 week ago Samuel BETTING SOUTH AFRICA Hacksaw Gaming enters South African market with Supabets 1 week ago Samuel BETTING UGANDA Mr. Eazi Expands Further Into The Betting Industry with CHOPLIFE.Ci. 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.