Why the new winner of Sh230 Million Mega Jackpot will not be affected by the 50% tax

Authors:

dennis kibet

February 6, 2018 3:19 PM

Relief for gamblers!!

The Winner of Sportpesa Mega Jackpot will not be affected by the 50% tax imposed on gaming firms by the government.

According to Sportpesa CEO Ronald Karauri, the tax does not affect winners as it is directly imposed on the gross profit of the betting firms.

“We understand that the government proposed a 50% tax on all gaming firms but we appealed because the amount is too high for us. If the government kicks off the proposed tax , many of us will suffer and therefore we don’t want to reach that point. Also, the 50% applies directly to the betting firms and not winners,” said Karauri.

On Tuesday, Sportpesa announced that a lucky Kenyan had won Sh230 Million Sportpesa Mega Jackpot.

Through their official Twitter Handle, Sportpesa revealed that they have a new winner of their biggest ever Mega Jackpot to be won.

“We are proud to announce that the worth KShs 230,742,881/= has been WON! It is the BIGGEST amount ever in Kenya!!! We have a winner! More to be revealed in the coming moments!” Reads SportPesa Tweet.

The first winner of the Mega Jackpot, Samuel Abisai revealed that he used to play the mid-week JackPot games with Sh200, that gave him a return of Sh221 million.

Betting firms efforts to have the government to review the heavy tax was not successsful.

Currently, SportPesa has has withdrawn their Sponsorship of the Kenya Premier League, The Rugby sevens team, the SportPesa All Stars plus the Kenyan boxing team.

Kenya Sevens Rugby team win big

Authors:

dennis kibet

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