As a boom in online gambling across Africa gathers pace, governments are hiking taxes to contain addiction risks and fill depleted state coffers.
By
Kepha Muiruri
Business Reporter
Nation Media Group
Gamblers placed bets worth a record Sh330.5 billion in the year to June as the State eased punitive taxes on the sector, which outpaced new investments at the Nairobi Securities Exchange (NSE).
Nearly two-thirds of Kenyans surveyed said they placed a football bet in the past year.
Africa’s largest regulated gambling market is cracking down on illegal betting websites after gamblers wagered $91 billion in a…
Kenya's betting industry says it pays more tax than it gets credit for. Licensed operators contributed Sh24 billion to the…
Nigeria’s online gaming industry may be closer than any other major African market to solving one of the continent’s biggest
The report, the first comprehensive assessment of online gambling across all 54 African countries, showed that Africa's online…
Business Day TV spoke to Lebohang Seoheng, advocacy, public awareness and communications manager at the SA Responsible Gambling…
Nigeria Emerges as Africa's Regulatory Bright Spot as New Report Reveals $17.8bn Opportunity Lost to Unlicensed Gambling - Businessday NG
WATCH | The dark side of SA’s iGaming boom: fraud in online gambling
KRA collects Sh2.57 trillion in taxes as revenue jumps by 10.5pc
