Online Gambling Liberalized by the Kenyan Government

kenya-gambling-20152205Amongst African governments, Kenya is one of the most progressive thinking countries in terms of gambling and its effect on the economy.

Kenyan government embraces online gambling by making clear cut laws for operators and their customers. Following the new Kenyan gambling laws, the online gaming community will have legal places to play and the whole country can profit from the tax revenues. Furthermore, all the illegal gambling destinations will be banned based on the brand-new regulations.

Betting Control and Licensing Board is the administrative unit regulating all online gambling in Kenya. The body was established in 1966 and ever since it proved to be helpful for both the economy and community. Now, all online gaming operators have to acquire their license from the Board.

USD 3 million in tax revenue

In 2012 only, the Kenyan government acquired USD 3 million in tax revenues originating from the gambling business. Consequently, the country recognized the lavish contribution of gaming to their economy. The development started with the help of Amaya, the Canadian gaming software provider. In 2011, they encouraged the opening of the national online sportsbook and casino, Betkenya.

The first privatized Kenyan internet casino with a license from the Betting Control and Licensing Board was Royal Kenya Casino. This destination uses the software of Microgaming, one of the most acclaimed companies in the gaming world. At Royal Kenya, customers can use Kenyan currency and payment systems.

-gamingzion.com

Comment on the article

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

%d bloggers like this: