Ronald Karauri, the SportPesa CEO, has announced the company plans to consider continuing operations in Kenya following a new tax rule of 20% on all betting stakes. Previously, the company halted operations because the government imposed a 20% excise tax on all betting stakes. Now, the government have overruled a 20% tax on winnings. Let’s […]
Recently, the Kenyan Government imposed a new taxation on betting stakes which would excise 20% of all bets. Speaking out about the new law, SportPesa CEO, Ronald Karauri, opened up on how he believes the new tax has created an “over-taxed and unfair operating environment.” Let’s take a look. Having been operational in Kenya since […]
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