Strategy

SportPesa to cease Kenyan operations after latest tax hike

Fellow operator Betin to close and make 2,500 staff redundant over tax row

Kenya’s largest sports betting firm SportPesa has closed its operations in the country following the imposition of a new 20% tax on all player bets. In a statement issued by SportPesa on its website, the company said the introduction of a 20% tax on player bets added to the “already heavy tax burden” the company…

Africa | Betin.com | Kenya | Regulation | SportPesa | Sports betting | Strategy | Taxation

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