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Sportpesa ends betting operations in “over-taxed and unfair” Kenya

1st October 2019 8:17 am GMT

Kenya-based international sports betting provider Sportpesa has shut down operations in its home market and lashed out at the government for its hostile attitude towards the industry.

The Kenya shutdown follows the introduction of a 20 per cent excise tax on all betting stakes in the country, which the company said will lead to a decline in government tax revenue to near zero and will halt all investments in sports in Kenya.

Sportpesa added that the new [...]

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