Close Bottom Menu CLOSE

Why join our Telegram

Telegram
  • list icon EXCLUSIVE Betting Bonuses
  • list icon 24/7 Pre-Match & Live Predictions
  • list icon New Unrestricted Bookmakers
  • list icon €1,000 In Monthly Giveaways
Join Our Community
Telegram

Betting operators in Kenya stand against the government’s tax demands

5 Jun 2019

Kenyan bookmakers flagBookmakers in Kenya decided to stand against the government's multimillion tax demands as they declared that the tax collector is wrongly confusing player deposits with their earnings. Betin and SportPesa are the two Kenya-licensed operators that, according to reports, have separately filed their Supreme Court lawsuits against KRA, the Kenya Revenue Authority. The KRA has actually requested Ksh26b (US$257m) as part of the operators' pending tax obligations.

Why is There Confusion in the Tax Claims?

As regards Betin and SportPesa in particular, the KRA announced that they should pay the combined amount of Ksh15.2b. Furthermore, the Kenyan government is planning to suspend the licenses of all betting operators who have not paid their taxes until the 1st of July. Nonetheless, both SportPesa and Betin have asked the High Court to postpone the official decision regarding the KRA's demands until the whole legal matter is fully resolved.

It is also worth noting that the government argues that its licensees have failed to pay the 20% tax on the winnings of their players. On the other hand, the operators claim that they could not deduct the money because the players who were not willing to pay the tax have officially filed court challenges.

According to the lawsuit launched by SportPesa, the KRA was talking with Safaricom, Kenya's leading telecom company, in order to get the money that was being held in the operator's accounts. Safaricom is responsible for the operation of the M-Pesa money transfer service via mobile phone, which is considered the leading way of funding betting accounts within the country. In addition to that, SportPesa states that the money in its Safaricom accounts belongs exclusively to bettors who placed their bets on its website and that those funds are by no means held by Safaricom on behalf of SportPesa. Ronald Karauri, SportPesa CEO, claims that his firm might be led to the suspension of its operations unless the Court offers them the much-needed protection from the KRA's abuse of power.

As regards Betin, in its filing it mentioned that its Safaricom accounts were frozen by the KRA's action and that led the Kenyan operator to temporarily suspend its operations. Betin also warned that if the current situation does not change as soon as possible, then it will not be able to keep on paying both its staff and its suppliers.

Why choose Betin Kenya

The biggest bookmaker in Kenya
  • Ηigh odds on football
  • Tons of alternative markets
  • Lots of outrights and special bets
  • Great live betting session
  • Huge welcome bonus
  • Live streaming
  • Cash out
Play Now!
50% Bonus of up to KSH5,000
BOOK SPY
BOOK SPY BONUS REVIEW

It is not a coincidence that Betin Kenya it is the top choice for the Kenyan bettors. The wide range of sports, along with an extensive variety of markets and the great live betting session, make their offering just unbeatable. Their live streaming and cashout services raise the bar even more, while the welcome bonus is extremely enticing everyone wanting that extra bit to begin their betting action. On the other hand, Betin Kenya should add Asian Handicaps as soon as possible, while the fact that is available only in Kenya, blocks its way to greatness.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY
BC.Game Is The Official Sponsor Of Leicester City For 2024/25 Featured Image

The popular online crypto bookmaker BC.Game has announced that it has become the official partner of Leicester City. The partnership will go on for th...

Read more »

The Effect Of Euro 2024 On Sports Betting Service Providers Featured Image

It is no secret that huge international competitions like Euro 2024 substantially impact all sports betting providers. Besides the day-to-day operatio...

Read more »

How Mbappe’s Injury Affects All Euro 2024 Bets Featured Image

French superstar Kylian Mbappe suffered a broken nose after a collision with Austria’s Kevin Danso. He was later subbed off and was taken to the...

Read more »

Bookmakers With A Dedicated Euro 2024 Section Featured Image

This summer, 24 nations will battle in the 17th edition of the European Football Championship. Scheduled to take place in Germany, the competition is ...

Read more »

How Injuries Affect Euro 2024 Odds Featured Image

As the Euro 2024 approaches, fans are at the edge of their seats. However, as it happens with every major competition, several notable footballers hav...

Read more »

Lucas Paqueta Charged For Betting Breaches Featured Image

The Brazilian international Lucas Paqueta has been charged by the FA for the “improper purpose of affecting the betting market”. Paqueta, ...

Read more »

Tyson Fury vs Oleksandr Usyk Odds Featured Image

After a long wait, the boxing world is finally on the verge of crowing the first undisputed heavyweight champion since 1999, when Lennox Lewis took do...

Read more »

Conor McGregor Partners with Duelbits Featured Image

On May 13th, 2024, Duelbits, a leading site in crypto gambling, issued a press release to announce that it has partnered with MMA legend Conor McGrego...

Read more »

EveryMatrix Record Net Revenue in Q1 Featured Image

EveryMatrix announced that the company achieved a record €39 million in revenue in the year’s first quarter. This constitutes a stunning 66% inc...

Read more »

Conor McGregor Next Fight Odds Featured Image

After a nearly three-year absence, Conor McGregor will fight Michael Chandler in UFC 303 on June 30th. UFC president Dana White announced the clash, w...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner