Kenya Revenue Authority surpasses revenue targets with KSh 12.47 billion from betting sector

The Kenya Revenue Authority (KRA) has announced that it collected KSh 12.47 billion in taxes from betting firms over the eight months leading to February 2025. This amount exceeded the set target by 10%, reinforcing the betting sector’s position as one of the key contributors to government revenue.

Kenya's betting industry has experienced significant growth in recent years, with both local and international operators offering sports betting and gaming services. The sector is regulated by the Betting Control and Licensing Board (BCLB), which oversees licensing and compliance. Betting companies in Kenya are subject to various taxes, including a 15% tax on gross gaming revenue (GGR), a 20% withholding tax on winnings, and additional corporate taxes on their profits. These levies contribute significantly to the national revenue collected by KRA.

KRA plays a crucial role in enforcing tax compliance among betting firms, ensuring that all licensed operators meet their fiscal obligations. The authority has implemented stringent tax collection measures, including real-time monitoring of betting transactions to curb tax evasion. In recent years, KRA has intensified efforts to clamp down on non-compliant firms, sometimes leading to license suspensions and operational restrictions for those failing to remit taxes.