Famous for its vast and picturesque plains alongside wildlife, Kenya in East Africa is home to the majestic Great Rift Valley. Kenya is also home to a thriving land and an online gambling and casino industry, with countless home gambling fans.
Kenya boasts the third-largest gambling industry on the growing African continent every year. The main reason for this development is because Kenya has one of the most liberalized gambling industries in Africa. On that side, thanks to the significant advances in internet and smartphone technology, coupled with the growing availability of reputable casino and remote betting platforms.
The gambling industry in Kenya has exploded in recent years. The success of the iGaming industry in this east African country is primarily attributed to the mobile money industry, which is MPESA - the leading mobile money platform is the dominant means of financial exchange in Kenya. This has resulted in the success of sports betting and Kenya online casinos, to a lesser extent, land-based casinos. The growth of sports betting and online casinos in Kenya is unbelievable since 2014.
However, there have been concerns about the impact of the growing gambling culture and the lack of clear tax regulations. According to a Geopoll survey, Kenya has the highest number of young people engaged in gambling and gaming activities. There have been recent developments and proposed changes regarding the control of the domestic gambling and gaming industry that industry players need to follow to ensure compliance or are willing to adjust if necessary needs.
When it comes to gambling and gaming regulations in East Africa, Kenya ranks first over other countries; Its regulatory framework is more organized. Gambling and game rules are outlined in the Betting and Lottery Act of 1966. The Betting Licensing and Control Act (BCLB) is responsible for all administrative duties concerning game operations and gambling both at the national and district government level, including 11 bingo rooms, 30 casinos, a horse racing event, and 3 sportsbooks.
To register for a gaming license in Kenya, the applicant must contact the Betting Authorization and Control Board (BCLB) and fill out a particular form called Form 13A. Once completed, an application fee is paid to the panel to assess the applicant's suitability.
After realizing the great potential of the online gambling industry in terms of revenue, the Kenyan government decided to impose larger taxes on players and operators. The corporate tax on betting companies was increased from 20% to 35%, which has sparked a lot of backlash from operators. Gamblers, for their part, receive 20% of their winnings. However, this provision was suspended by the high court in April 2019.
The stakeholder meeting was held on April 1, 2019. The Cabinet Secretary of the Ministry of the Interior and the National Government Coordination has outlined several proposed measures and changes to the legal framework of the domestic betting industry.
The Kenyan government has issued warnings about the harmful effects of uncontrolled gambling in the country. Millions of Kenyans participate in sports betting. According to statistics, this is the cause of many cases of violence and suicide in the country.
Here are the two most popular, safest, and most reputable payment methods for online gamblers in Kenya:
One of the most popular and most used payment methods among online gambling fans in Kenya is Airtel Money. This is a convenient and secure mobile payment method. Airtel Money allows users to quickly and efficiently recharge their online gambling and casino accounts. Users can access Airtel Money 24/7. This form of payment is accepted by most of Kenya's top online sportsbooks and casinos.
This is another prevalent mobile remittance payment method widely used by gamblers in Kenya to quickly and efficiently deposit and withdraw money. Like Airtel Money, M-PESA works 24/7 and allows users to pay bills, transfer money, and more quickly.