Kenyan football clubs warned that 20% betting stake tax makes sport “unsustainable

Kenyan

Leading Kenyan football clubs Gor Mahia FC and AFC Leopards expressed their opposition to the reintroduction of a 20% excise tax on betting stakes.

In Kenya, the excise tax has been a major cause of concern. When it was raised from 10% to 20% in September 2019, SportsPesa, left the market for more than a year. Sportpesa previously sponsored Gor Mahia and AFC Leopards. But those deals ended due to a disagreement over a different 20% tax that the regulator claimed included betting stakes.

Meanwhile, the excise tax was eventually removed from the country’s budget last year. It was a crucial step in allowing Sportpesa to return to the market.

 

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Nassima Azmzm

Nassima Azmzm

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