Why the new winner of Sh230 Million Mega Jackpot will not be affected by the 50% tax
Relief for gamblers!!
Recommended articles
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.
“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Currently, SportPesa has has withdrawn their Sponsorship of the Kenya Premier League, The Rugby sevens team, the SportPesa All Stars plus the Kenyan boxing team.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
More from category
-
Qatar 2022: No victor, no vanquished as England and USA share spoils
-
FIFA World Cup 2022: All results, fixtures, scores, live standings
-
ELIMINATED! Hosts Qatar become first team to exit the 2022 World Cup after Netherlands draw
Recommended articles
Qatar 2022: No victor, no vanquished as England and USA share spoils
FIFA World Cup 2022: All results, fixtures, scores, live standings
ELIMINATED! Hosts Qatar become first team to exit the 2022 World Cup after Netherlands draw
England vs USA live
Netherlands vs Ecuador live
Mane-less Senegal wake up in Qatar, give Morocco, Cameroon, Tunisia lessons in 3-1 win
'Plastic fans couldn't wait till full time' - Reactions as 'Mane-less' Senegal give Qatar a taste of real Jollof
Battle for the top: France vs Denmark Preview
