INFLUENTIAL SPONSOR

Only tax-compliant betting firms should be spared closure

Giant betting firm SportPesa released figures of taxes which don't match the government's creating confusion

In Summary

• State listed giant betting firm as a tax defaulter among others and shut down their shortcodes. 

• Sportpesa published an advert as proof of tax-compliance, indicates social-economic investment figures in different sports. 

by George Ndisya
Star Blogs
17 July 2019 - 04:00
Betting machines at an illegal betting joint in Kiganjo Estate, Thika
PROBE DOCUMENTS: Betting machines at an illegal betting joint in Kiganjo Estate, Thika
Image: FILE

The standoff between SportPesa and the Betting Control and Licensing Board is in bad faith. The government last week listed among other companies, SportPesa, as tax defaulters thereby shutting their paybill numbers and SMS codes.

On Monday, the firm published reports revealing they remitted Sh6.4 billion to the taxman, while BCLB had earlier said the Sh200-billion-a-year industry had only remitted Sh4 billion cumulatively in 2017-18.

SportPesa in an influential sponsor of sports and if their reports are correct, they should be spared.

Kakamega 

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by George Ndisya
Star Blogs
17 July 2019 - 04:00

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