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During last three years in the gaming sector in Kenya, we see unstoppable growth. Sports betting has swept the country like a storm, boosted by the now ubiquitous smartphone. It became a reason that Kenya’s government has announced that it is going to introduce a new tax regime, especially for online and mobile gambling.
The Kenya Revenue Authority (KRA) has said that the new taxes will come into force in this July. The government is hoping to collect €463.2 million by the end of the year from gamblers and mobile money users. KRA commissioner-general John Njiraini hinted at a 10 per cent tax on mobile phone-based payments.
Mr. Njiraini added that the authorities have projected they’ll miss the annual tax collection target set by the Treasury by €963 million by next June 30.
