Tag Archives: SportPesa
- Kenyans don’t support betting tax hike; SportPesa lobbies Uganda
August 2, 2017
A majority of Kenyans want their government to rethink its new 35% tax on sports betting operators due to fears over what impact the tax will have on local sports teams. A new survey by Trends and Insights for Africa (TIFA) found that 60% of the 822 respondents surveyed thought...
- Dafabet Kenya sued for name infringement by local design firm
July 24, 2017
Online gambling operator Dafabet is being sued by a Kenyan interior design firm for allegedly infringing on its intellectual property. Asian-focused betting operator Dafabet launched its Kenya-facing Dafabet.co.ke site in March, joining the likes of SportPesa, Betway and Elitebet in targeting this large African market. But local firm Dafabet Kenya...
- SportPesa enter Italy sports bet market with RCS Gaming deal
July 17, 2017
Kenyan sports betting operator SportPesa has entered the Italian market via its acquisition of locally licensed operator RCS Gaming. Late last week, SportPesa Global announced that it was acquiring 75% of RCS Gaming, a subsidiary of the RCS Media Group. Terms weren’t disclosed, but the deal will see RCS rechristen...
- SportPesa walks back threat to close Kenya ops over betting tax
July 10, 2017
Kenya-based sports betting operator SportPesa is walking back threats to close its local operations if the government doesn’t rethink proposed gambling tax hikes. On Friday, SportPesa made headlines by announcing that it would shut its Kenyan operations by January 1, 2018, the same day that the new uniform 35% tax...
- SportPesa to shut Kenya ops if tax hikes aren’t rolled back
July 7, 2017
Sports betting operator SportPesa says it will close its operations in its native Kenya if the government presses ahead with plans to impose higher gambling taxes. In June, Kenya’s President Uhuru Kenyatta approved legislation that imposed a new uniform 35% tax on all gambling revenue. The rate was lower than...
- SportPesa scrap Kenya sports deals after gambling tax hike
June 23, 2017
Kenyan sports betting operator SportPesa will cancel its sponsorship of local sports bodies after the country approved significant tax hikes on gambling revenue. On Friday, SportPesa CEO Ronald Karauri used his personal Twitter account to announce that his company would be “giving notice to clubs and unions that from January...
Kenya gov’t imposes new 50% tax on all gambling revenue
March 30, 2017
Dafabet launch Kenyan site as springboard to rest of Africa
March 16, 2017
PwC says Kenya’s new betting tax rate actually closer to 70%
March 31, 2017