Betting Firm SportPesa Cancels All Sports Sponsorship Following Tax Hike

02 January 2018 07:46
?Kenyan betting firm SportPesa has cancelled all of its local sports sponsorships with immediate effect, following the imposition of a 35% tax on all gambling revenues, according to GameYetu.  The betting firm has claimed that despite the contract cancellations, they will not be closing their operations in Kenya. Nevertheless, the decision has plunged much of Kenya's sporting community into a state of panic.  Sportpesa finally cancels all local sports partnerships. Well, hope with the money. . read full article

Source: 90min

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