Giant betting Sportpesa have commenced the process of resuming back after what they term as “conducive” environment after tax tribunal rule in their favour. Speaking to the star, a senior manager at BCLB has indeed confirmed receiving sportpesa application.
The tax tribunal ruled in favor of sportpesa on matters concerning the disputed 20% withholding tax on winnings. KRA was demanding 20% on stake amount instead of net winning which the firms found not favourable for the common gambler.
If there application is approved ,then we expect the giant firm to make the much awaited announcement as operation go on as they were.This standoff between the government and gaming entities as led to massive job losses across all sectors that depended on gaming revenue directly or indirectly.
Whats your take on gambling in kenya?….should the government ban it or just regulate it?….leave a comment below