Gaming and Betting Tax Changes: How the Finance Act 2025 Affects Gamblers and Operators
The Finance Act 2025, signed into law on June 26, 2025, reshapes Kenya’s betting and gaming tax landscape. Effective from July 1, 2025, it introduces a 5% withholding tax on betting wallet withdrawals and lowers the excise duty to 5% on deposits. These changes impact gamblers, betting operators, and financial advisors. This article explains the…