Kenya has reduced its excise duty on bets from 15% to 5% as part of the National Parliament’s 2025 Finance Bill, despite concerns over a gambling surge.
At the same time, punters will now be taxed when the money is moved from a mobile wallet to a betting account, instead of when a bet is made.
The changes come just months after the government raised the excise duty from 12.5% to 15%. The bill also covers both lotteries and prize competitions. With it being cheaper to bet in the country, this will encourage people to place higher bets than before, equalling larger sums being paid out.
