Tag: online betting bookies

A week after lawmakers in Kenya passed legislation that will soon see all of the nation’s licensed online gambling operators subjected to a uniform 35% net revenue tax, the boss for SportPesa has reportedly announced that the move is due to see his firm withdraw its financial support for local sporting clubs.

According to a report from the Quartz digital news outlet, online sportsbetting operator SportPesa is the title sponsor of the Kenyan Premier League and holds similar deals with Nairobi-based teams Gor Mahia and AFC Leopards as well as English Premier League giant Everton.

Ronald Karauri, Chief Executive Officer for SportPesa, reportedly used his Twitter account to declare that the imposition of the high tax rate from the start of January is set to “greatl…

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