Kenya’s sports betting operators are reeling after the government proposed a new 10% tax on their customers’ wagering stakes.
On Thursday, Kenya’s Treasury Secretary Henry Rotich unveiled the government’s 2019-20 financial budget, which included a plan to impose a new excise duty equal to 10% of all betting stakes. Rotich said the tax was intended to “curtail the negative effect arising from betting activities,” which he claimed had “become quite spread.”
The new betting duty is part of the government’s broader push to tax ‘sinful’ activities. Betting got off comparatively easy, as Rotich (pictured) announced new 15% excise duties on alcohol and tobacco products.
As the video below details, the 10% betting tax proposal was immediately met with groans by other members of the legislature, who wanted to know why betting was getting off comparatively lightly compared to other ‘sins.’ Capital FM quoted Ndihwa MP Martin Peter saying a 10% tax would not “cure the menace” of betting.