Connect with us
European Gaming Congress 2024

iGaming Industry

Kenya lottery sues gov’t over planned gambling tax hikes

Published

on

Kenya lottery sues gov’t over planned gambling tax hikes

A Kenyan lottery operator has sued the government over its plans to hike gambling taxes by 35% starting next year.

 

On Thursday, Business Daily Africa reported that the Pambazuka National Lottery(PNL) had filed a High Court lawsuit against Kenya’s Betting Control and Licensing Board, the National Assembly, the Kenya Revenue Authority Commissioner-General and the Attorney General over the gambling tax hikes approved earlier this year.

PNL’s lawsuit claims the tax hikes – which replaced variable tax rates on betting, gaming, lottery and sweepstakes operators with a uniform 35% rate – were unconstitutional, in that parliament approved them as part of a national budget, not standalone legislation, which would have required greater public input.

The tax hike is set to take effect on January 1, 2018 and PNL’s lawyers claim that PNL and other Kenyan gambling operators “will likely suffer closure as well as collapse” if the Court doesn’t act before that date.

Advertisement
Stake.com

PNL isn’t the first Kenyan firm to challenge the tax hike in court. In April, sports betting operator Sportpesa filed its own lawsuit against the government’s original plan, which would have seen the gambling tax hiked to 50%. For what it’s worth, Sportpesa is a PNL partner and PNL products are available via Sportpesa’s website.

Complicating matters, Kenya is enduring some serious political upheaval at the moment, as the country is headed into a presidential election on October 26 – the second such national poll in less than three months – after the country’s supreme court nullified President Uhuru Kenyatta’s August victory due to electoral ‘irregularities.’

Opposition leader Raila Odinga is boycotting the upcoming vote due to suspicions that it will be subject to similar irregularities and has called for public protests to force changes to the country’s electoral commission.

 

SPORTPESA URGES SPORTS STAKEHOLDERS TO TAKE ACTION
Meanwhile, SportPesa launched a new campaign this week intended to boost Kenya’s sports profile on the world stage. The new ‘Tujiamini’ campaign urges stakeholders at all levels to do what they can to help bring the local sports ecosystem up to global standards.

Advertisement
Stake.com

On hand for this week’s campaign launch was SportPesa CEO Ronald Karauri, who said Kenya had “a proud sporting history” thanks to athletes that had brought glory to the nation in international competitions. Karauri challenged sports stakeholders, including himself, on whether they were “doing enough to uphold this legacy.”

Karauri’s words stand in stark contrast to his warnings this June that SportPesa would likely be forced to scrap its many sponsorship deals with local sports bodies as of January 1 due to the financial hardships the new betting tax would impose on his company. It remains to be seen whether this week’s campaign represents a sober rethink of the original plan, or a reminder of what the nation’s sporting world stands to lose.…

The post Kenya lottery sues gov’t over planned gambling tax hikes appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: EEGaming.

Advertisement
Stake.com

Andrés Tamayo

Pragmatic Play Enhances FullReto Partnership with Virtual Sports Addition

Published

on

pragmatic-play-enhances-fullreto-partnership-with-virtual-sports-addition

 

Pragmatic Play, a leading content supplier to the iGaming industry, has reinforced its commitment to Latin American expansion by strengthening its existing relationship with Colombian operator FullReto.

The latest agreement will see FullReto offer its players a broad selection of Pragmatic Play’s unique Virtual Sports titles, building on an already extensive offering of over 300 Slots and Live Casino games.

Fantastic League, Greyhound Racing, and the thrilling motor racing-themed Force 1 are among the games now available to FullReto customers as the operator looks to capitalise on the rapidly increasing popularity of Virtual Sports to consolidate its position as a leading platform in Colombia.

The multi-product partnership reaffirms Pragmatic Play’s intentions to expand its offering in the LatAm markets, with FullReto now offering a vast catalogue of Pragmatic’s award-winning games across three verticals.

Advertisement
Stake.com

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play is delighted to reinforce its partnership with FullReto by providing its players with access to its renowned Virtual Sports games. The deal not only emphasises Pragmatic Play’s desire to provide Colombian players with an exciting online gaming experience, but also demonstrates the supplier’s dedication to furthering its Latin American expansion.”

Andrés Tamayo, General Manager at FullReto, said: “FullReto’s continued collaboration with Pragmatic Play highlights our main objective of supplying the optimal player experience. The addition of Pragmatic Play’s Virtual Sports offering, on top of its Slots and Live Casino games, will ensure FullReto players have access to hundreds of fan-favourite games across a variety of verticals.”

Continue Reading

Alonso Huiman

Pragmatic Play Launches Live Casino Offer at Atlantic City

Published

on

pragmatic-play-launches-live-casino-offer-at-atlantic-city

 

Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its Live Casino footprint across Peru after going live with major local operator, Atlantic City.

The partnership sees Pragmatic Play’s full Live Casino portfolio integrated with the operator, enabling players in Peru to enjoy market-leading titles such as Blackjack, Roulette, and Baccarat from the supplier’s award-winning portfolio.

This latest agreement showcases Pragmatic Play’s plans for growth in LatAm, exhibiting an array of its verticals across multiple territories in recent months. It is the latest deal signed by Pragmatic Play with a Peruvian operator, following a comprehensive growth strategy in the country.

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Atlantic City is one of Peru’s most reputable operators and offers another opportunity to showcase the Pragmatic Play Live Casino portfolio in Peru. With an offering that will deliver exceptional gaming experiences to players, this partnership promises to cement Pragmatic Play’s position at the forefront of the Peruvian iGaming industry.”

Advertisement
Stake.com

Alonso Huiman, Chief of Online Casino at Atlantic City, said: “This landmark agreement with Pragmatic Play is a pivotal moment for us. Its vast selection of table and card games will resonate seamlessly with our player base and we are confident that this will propel our brand to new heights.”

Continue Reading

CGS Santiago

Pragmatic Play to Participate in CGS Santiago

Published

on

pragmatic-play-to-participate-in-cgs-santiago

 

Pragmatic Play, a leading content supplier to the iGaming industry, is set to participate in CGS Santiago this month, as the provider seeks further inroads across the continent.

The provider is also the standalone Diamond Sponsor at the event, which takes place at Espacio Riesco in the country’s capital, Santiago, on May 29 and 30.

Pragmatic Play is set to attend the event as a renowned actor in the market, for its multi-product offering, comprising Slots, Live Casino content, Virtual Sports, Sportsbook, and Bingo, including fan-favorite titles Gates of Olympus and the popular Blackjack X.

With expo season now in full swing, CGS Santiago marks another conference in the region for the supplier, following its presence at BiS – SiGMA Americas in Brazil, GAT Expo in Colombia, and SBC Summit Rio earlier this year.

Advertisement
Stake.com

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Latin America remains a key focus for Pragmatic Play as it gears up to make meaningful connections in Chile, a region full of potential as the iGaming industry continues to evolve in this part of the world. Pragmatic Play is also proud to be a Diamond Sponsor at this year’s expo, showcasing the importance that CGS Santiago represents and the immense opportunities that the two-day event has on offer.”

Continue Reading

Trending