The Kenya Revenue Authority (KRA) has issued a list of requirements that Kenyan betting companies must meet ahead of their license renewal by the Betting Control and Licensing Board (BCLB).
Licenses for all betting companies in Kenya are expiring in June 2025, and the companies are expected to renew the same on or before June 30, 2025. To this effect, all the betting companies are supposed to be cleared by KRA before being licensed by the BCLB.
“The Kenya Revenue Authority (KRA) reminds all licensed betting and gaming firms that the current operating licenses for the financial year 2024/2025 issued by the Betting Control & Licensing Board (BCLB) under the Betting, Lotteries and Gaming Act (BL&G Act) Cap. 131 are due to expire on 30th June 2025, pursuant to Section 9 of the BL&G Act,” said KRA in a notice to the public.
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KRA added, “Clearance by KRA is a mandatory requirement for renewal of the licenses by the BCLB. In this regard, all betting and gaming operators are encouraged to update their tax matters with KRA to avoid any inconveniences.”
Here is the full notice:
According to Statista, revenue in the Sports Betting market in Kenya is projected to reach US$166.46m in 2025. Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 4.02 percent, resulting in a projected market volume of US$194.91m by 2029.
In the Sports Betting market, the number of users is expected to amount to 1.3m users by 2029. User penetration will be 2.0% in 2025 and is expected to hit 2.1% by 2029. The average revenue per user (ARPU) is expected to amount to US$142.24. In global comparison, most revenue will be generated United States (US$18.51bn in 2025).
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