BETTING KENYA Sportpesa has been paying billions of shillings To UK company 2 weeks ago Samuel Post Views: 112 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 Failure to comply to that a taxation policy, SportPesa was among the first companies whose licence was withdrawn by the government.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 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 KENYA Global gambling company Betway ordered to pay Kenyan taxes 54 mins ago Samuel BETTING NIGERIA Nigeria’s diverse iGaming landscape in 2020 2 hours ago Samuel BETTING SOUTH AFRICA The Best Rugby Betting Sites in Africa 2 hours ago Peter Situma BETTING Best Real Money Gambling Apps for Africa 2020 1 day ago Peter Situma BETTING 22BET Africa and Paris Saint German Signed Partnership Deal 1 day ago Adeleye Awakan BETTING NIGERIA Bet9ja adds LiveG24 games for Nigeria 2 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.