Kenya gov’t says gambling ops owe $257m in unpaid tax
Kenya's government says the gambling industry owes $257m in unpaid taxes, threatens to deport foreign-born execs if they fudged work permit applications.
Kenya's government says the gambling industry owes $257m in unpaid taxes, threatens to deport foreign-born execs if they fudged work permit applications.
The Kenya Revenue Authority now says betting operator SportPesa owes $147.4m in back taxes including interest and penalties.
Kenya's gambling regulator announces draconian restrictions on most forms of gambling advertising, be it television, social media or billboards.
Despite government protests, a Kenyan court temporarily blocks gambling operators from collecting the 20% tax on bettors' winnings.
Kenya Revenue Authority wants to impose an additional 10% tax on sports betting ops, but SportPesa CEO says his company already pays "significant' taxes.
Uganda intros new age and identity rules for gambling operators, while Kenya's taxman demands $103m in back taxes from SportPesa.
Betting-related items dominated Kenya's top-20 Google search queries in 2018, with local betting SportPesa ranking first overall.
BetLion, Victor Chandler's new online gambling operation, reportedly prepping Kenya launch after receiving approval from local regulators.
Ronald Karauri, CEO of Kenyan sports betting operator SportPesa, denies Bloomberg report that the company is planning initial public offering.