Kenya MPs vote to eliminate controversial 20% sports betting turnover tax
Kenyan legislators vote to eliminate the controversial 20% tax on sports betting turnover, although unclear if President Kenyatta will approve it.
Betsafe replaces SportPesa as Kenya’s football sponsorship king
Betsson’s Betsafe brand becomes new sponsor of Kenyan Premier League teams Gor Mahia and AFC Leopards ahead of market launch.
Kenya’s betting market generated monthly turnover of $281m pre-crackdown
Leaked Kenyan government documents show the nation's sports betting licensees were generating turnover of $281m per month before 2019 crackdown.
Africa’s gambling, betting sector not spared COVID-19 impact
Africa has yet to suffer high COVID-19 infection rates seen in other regions but gambling sector starting to feel the impact as businesses ordered shut.
Kenyan match fixing problems went deep
New reports indicate that a recently uncovered match-fixing scandal in Kenya was a problem from the top to bottom of the league.
SportPesa loses Everton FC, F1 Racing Point sponsorships
Sports betting operator SportPesa loses sponsorships of Everton FC, F1 Racing Point, leading CEO to blame Kenya gov't for "bringing down their own."
CalvinAyre.com’s most read business stories of 2019
Here’s a look back at the top five business stories that got the most attention from you, our readers, in 2019.
Kenya gov’t urged to replace private betting with state lottery
Kenya's government studying new report urging the scrapping of private betting operations in favor of a state-run lottery.
Kenya gov’t to challenge Tribunal ruling on betting winnings tax
The Kenya Revenue Authority says it will challenge last week's Tribunal ruling that 20% tax on bettors' winnings applies to net winnings, not stakes.
Kenya tribunal sides with sports betting ops in tax fight with gov’t
Kenya's government has been dealt a blow after a tax tribunal sided with sports betting operators over how to apply the 20% tax on punters' winnings.
