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Kenya Implements New Tax on Online Gambling Winnings

2025-01-04 01:34:50

简介Kenya has introduced a new tax on online gambling winnings, requiring players to pay 20% of their earnings to the government. The move is part of a broader effort to increase public revenue and regulate the country’s growing online gambling market.

    Kenya has introduced a new tax on online gambling winnings, requiring players to pay 20% of their earnings to the government. The move is part of a broader effort to increase public revenue and regulate the country’s growing online gambling market.

    

    The tax has faced backlash from both players and operators, who argue that it could discourage participation and drive more activity to unregulated platforms. The Betting Control and Licensing Board (BCLB) has defended the tax, stating that it is necessary to address the social costs associated with gambling.

    

    Industry stakeholders are urging the government to reconsider the policy, warning that it could stifle growth in a sector that has become a significant contributor to Kenya’s economy.