In Kenya, A New Operator Will Appear Due To Tax Reduction

Home » Gambling News » In Kenya, A New Operator Will Appear Due To Tax Reduction
January 30, 2023
2 minutes

Betlion asked kenyan council for control and licensing rates (bclb) license to the right to engage in bookmakers.

In Kenya, a New Operator Will Appear Due to Tax Reduction

The interest of betlion to the kenyan market was probably caused by the government’s decision to reduce the tax rate on gambling from 35 to 15%. The rate of 35% was introduced by the government in january, before that, 7.5% was charged with operators.

The regulatory authority satisfied the betlion application, the operator’s website can earn at the local level until the end of the year.

Chief commercial director of betlion spencer okoch said that the company «gains momentum in the african market».

Betlion – bookmaker, who started his work last year in uganda. It functions on the basis of technology for bc fsb tech. The launch of betlion marked the return of the person known in the industry rates – victor chandler.

In 2017, the bookmaker concluded a major sponsorship with the federation of uganda football associations (fufa) and its national uganda cranes national team. It reported that betlion plans to root at least at least eight african territories, including zambia.

Kenya is one of the most mature gambling markets in africa, and betlion will be forced to compete with such famous operators like sportpesa, betway and betin.

Recall that in september, president of kenya wuora keniat sent a recommendation to the ministry of finance to introduce a 15% tax on lottery and bookmaker offices.

    How do you rate In Kenya, A New Operator Will Appear Due To Tax Reduction ?

    Your email address will not be published. Required fields are marked *