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Kenya Introduces Tax Incentives for Legal Online Gambling Operators

2024-12-28 01:33:28Game play

    Kenya has announced a series of tax incentives aimed at encouraging more operators to enter the legal online gambling market. The government hopes that the incentives will help curb the dominance of unregulated platforms and increase tax revenues.

    

    The new measures include reduced licensing fees and lower tax rates for operators who comply with strict guidelines on player protection and responsible gambling. The government is also working with financial institutions to block payments to illegal platforms.

    

    Industry experts believe that the incentives could make Kenya one of the most attractive markets for online gambling in Africa. However, critics warn that the measures must be accompanied by robust enforcement to ensure their effectiveness.