Kenya is a multi-ethnic country in the African Great Lakes region. The state boasts the strongest economic situation in the Sub-Saharan area and allows diverse types of gambling.
You can launch a gaming project in Kenya with the help of Casino Market. We propose diverse gambling and managerial programs for a quick start.
Basic Information about Kenyan Market
The country’s population is 47 million people that speak 2 official languages. The gambling audience is diverse, and a significant part is made up of young people.
The Kenyan wagering market is rapidly expanding and is 3rd in scale in Sub-Saharan Africa. It was estimated to be worth $40 million in 2020.
There are several key sectors in the Kenyan gambling environment.
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| The stationery entertainment segment is well-established and fast-growing. There are 30 licensed casinos, situated in the biggest Kenyan cities. The most favourite ones are:
The most common amusements are: | |
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Gambling Regulations and Taxes in Kenya
The peculiarities of the state legal framework are the following:
- Wagering activities are allowed and simply regulated. Most of the rules come from the Betting, Lotteries and Gaming Act of 1966.
- Online gambling is not officially regulated but is the most popular industry.
- Wagering establishments are managed by Betting Control and Licensing Board, focusing mostly on land-based operations.
- Entrepreneurs registered in foreign jurisdictions can work with no restrictions in the country.
- The legislators are planning to introduce licensing for all types of gambling activities, regulate advertising and impose taxes.
- The allowed niches are betting, slot machines, lotteries, and casino amusements.
The taxation system of Kenya has reduced tariffs on gross gaming revenue from 35% to 15% recently. The 15% levy is applied to:
- punters’ earnings;
- the lottery sector;
- the sports betting niche.
The Main Things about Kenyan Wagering Market
The region has quite a lot of potential, but entrepreneurs should investigate the legal framework and the conditions for opening an online business legally. Sports betting is a dominant wagering sector, but it is more efficient for operators to offer a mix of amusements, including casino games.
The best way to launch a profitable business in Kenya is to rely on a professional aggregator. Casino Market has been operating in the field for years. We help optimise the project for the local audience.
From us, you can also get:
- a turnkey business development;
- sportsbook and casino scripts;
- diverse entertainment software;
- managerial programs;
- promotion instruments, etc.
All these elements of a gambling portal are critical to providing the best user encounter. Learn more by contacting our manager and get an exclusive business offer.
Have questions or want to order services?
Contact our consultants:
- e-mail: manager@casino-market.com
- Skype: support.casinosupermarket
- feedback form.
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