{"id":4684,"date":"2025-07-03T11:51:57","date_gmt":"2025-07-03T14:51:57","guid":{"rendered":"https:\/\/focusgn.com\/africa\/?p=4684"},"modified":"2026-04-19T15:48:54","modified_gmt":"2026-04-19T18:48:54","slug":"president-ruto-approves-new-excise-duty-on-bets","status":"publish","type":"post","link":"https:\/\/focusgn.com\/africa\/president-ruto-approves-new-excise-duty-on-bets","title":{"rendered":"President Ruto approves new excise duty on bets"},"content":{"rendered":"\n
The new betting excise duty means that for every Sh100 wagered, Sh5 would be deducted instead of the previous Sh15.<\/p>\n\n\n\n\n\n\n\n
Kenya.- Kenyan President William Ruto<\/strong> has given assent to the Finance Bill 2025<\/strong>, which reduces excise duty on bets from 15 per cent to 5 per cent<\/strong>. The new rate also covers other forms of stake-based gaming in the country, including lotteries and prize competitions.<\/p>\n\n\n\n The new law is enacted following parliamentary approval<\/a> on June 19, 2025<\/strong>. In addition to the rate cut, lawmakers also changed the timing of excise duty collection. Bettors will now pay tax when they move funds from their mobile wallet to a betting account, instead of when they place a wager. According to majority leader Kimani Ichungwa, this change ensures that the government collects excise duty from all betting operations, including those operating virtually or outside the country. <\/p>\n\n\n\n The new tax approach supports Kenya Revenue Authority<\/strong> (KRA)’s efforts to curb revenue leakages in the betting industry by capturing income from offshore-licensed platforms that previously escaped taxation. For instance, from July 2024 to March 2025<\/strong>, the government collected Sh9.97 billion<\/strong> (\u20ac65,407) in excise duty, a 24 per cent increase<\/strong> from Sh8 billion<\/strong> (\u20ac52,483) in the previous period. However, withholding tax revenue from winnings dropped by 15 per cent to Sh4.81 billion<\/strong> (\u20ac31,555) from Sh5.65 billion<\/strong> (\u20ac37,066) during the same timeframe.<\/p>\n\n\n\n In currency terms, the new betting excise duty means that for every Sh100<\/strong> wagered, Sh5<\/strong> would be deducted instead of the previous Sh15<\/strong>. As betting costs decrease, analysts suggest that punters will likely increase their stakes, potentially leading to higher betting volumes and larger payouts.<\/p>\n\n\n\n This development comes as Kenya grapples with addressing the increasing rate of online gambling addiction, particularly among its youth. The government has recently issued sweeping reforms<\/a> targeting the promotion of online gambling in its jurisdiction.<\/p>\n\n\n