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Kenya's parliament passes a gambling tax reduction policy, introducing a new fee mechanism.

Kenya's parliament passes a gambling tax reduction policy, introducing a new fee mechanism.

The Kenyan Parliament has approved the "2025 Finance Bill" which makes significant adjustments to the tax regime for the gambling industry, reducing the excise duty on gambling from 15% to 5%, expected to take effect after the President's signature. Meanwhile, the new tax mechanism also reforms the

30like·0comment06-26
BHA 2025 Q1 Horse Racing Report: Betting Market Transformation Leads to Performance Divergence, Overall Betting Volume Declines by 9%

BHA 2025 Q1 Horse Racing Report: Betting Market Transformation Leads to Performance Divergence, Overall Betting Volume Declines by 9%

The British Horseracing Authority (BHA) has released the first quarterly racing report of 2025, revealing a mix of positive developments and concerning trends in the sport of horseracing.The report is part of a two-year pilot project for race scheduling aimed at making the sport more attractive to e

28like·0comment05-07
Sports betting and online gambling revenue break records, driving Pennsylvania's November revenue to a historic high.

Sports betting and online gambling revenue break records, driving Pennsylvania's November revenue to a historic high.

Pennsylvania's sports betting and online gambling monthly revenue hit a historic high, driving the state's total gaming revenue in November to $562.4 million (£447.4 million/€543.4 million), a new record.Pennsylvania's total revenue in November increased by 26.5% compared to the same period last yea

34like·0comment2024-12-24

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