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SportPesa to stop club funding from January - The Star, Kenya

Association of Gaming Operators Kenya yesterday expressed fears that the recent 35 per cent tax on net profits accrued by betting and gaming firms will kill the industry. Association of Gaming Operators Kenya chairman Ronald Karauri said the tax is ...and more »

Kenyan Sports Betting Firm SportPesa Ends Local Sport Sponsorship Over Gambling Tax Hike - Forbes

Mfonobong Nsehe , Contributor I chronicle Africa's success stories and track its richest people Opinions expressed by Forbes Contributors are their own. Sportpesa, Kenya's leading sports betting company, reportedly plans to end its sponsorship of the ...and more »

SportPesa to end Kenya football league sponsorship over tax - BBC News

Sport betting company SportPesa has announced it will end sponsorship of the Kenyan Premier League (KPL) after the government imposed a hefty tax increase on gaming revenue. Company boss Ronald Karauri said the 35% increase would negatively affect its ...and more »

Sportpesa withdraws favors from Kenya after Uhuru's decision, details - TUKO.CO.KE

Several local football clubs have been dealt a major blow after betting firm Sportpesa announced that it will withdraw its sponsorships. Through their CEO Ronald Karauri, the firm announced that starting January 2018, all sponsorships for clubs and ...and more »

Everton shirt sponsor SportPesa ready to pull out of Kenyan deals over tax law - Liverpool Echo

Everton's new shirt sponsor are said to be withdrawing funding for clubs and unions in Kenya. SportPesa , it has been reported, will officially pull out of certain deals from January 1, 2018 in response to the passing of new tax laws on gambling ...and more »

SportPesa scrap Kenya sports deals after gambling tax hike - CalvinAyre.com

kenya-sportpesa-scraps-sports-sponsorships Kenyan sports betting operator SportPesa will cancel its sponsorship of local sports bodies after the country approved significant tax hikes on gambling revenue. On Friday, SportPesa CEO Ronald Karauri used ...and more »

KPL terms SportPesa exit a huge blow - Goal.com

The Government through 11th parliament passed a law that led to increase of taxation for gambling firms from 7.5% to 35% effective January 1, 2018. It is with that effect that betting firm SportPesa have decided to pull out sponsorship from local clubs ...and more »

Betting firm SportPesa to withdraw sponsorship - Goal.com

Betting firm SportPesa have announced that they will withdraw all sponsorship for clubs and federations starting January 1, 2018. SportPesa CEO Ronaldo Karauri has revealed that with the new bill taking effect on January 1, 2018, they have requested ...and more »

SportPesa likely to withdraw sponsorships over betting tax - Capital FM Kenya (press release) (blog)

By MARGARET NJUGUNAH, NAIROBI, Kenya, Jun 23 – Sportspesa Kenya will withdraw all its affiliate sponsorships effective January 1 2018. The company's CEO Ronald Karauri says the move follows passing of the Betting, Lotteries and Gaming Amendment Act ...and more »

10000 jobs and sponsorship deals at risk, betting firms warn - Business Daily (press release) (blog)

Association of Gaming Operators-Kenya Treasurer Nickson Maina, left, chairman Ronald Karauri and Secretary Judith Kiragu during a media briefing yesterday in Nairobi. PHOTO | SALATON NJAU | NMG. Facebook Twitter LinkedIn Google Whatsapp Messenger. The ...and more »