Tax collections from betting are expected to more than double in the current financial year to June 2026, despite policy shifts through the Finance Act 2025 that slashed the excise duty on wagered amounts and withholding on winnings to five percent.
Parliament Budget Office (PBO) -which advises lawmakers on economic and budget affairs-projects collections of betting taxes to climb to Sh11.4 billion a year, from Sh5.4 billion as the State nets a windfall from changes in the applicable levies on gambling.