Nick Mwendwa, the head of the Football Kenya Federation has just come up with the statement that the Kenyan government requires softening its stance on sportsbooks as part of the tax compliance campaign.
The statesman told that after all in Kenya football happens to be one of the key losers. The Kenyan cabinet has been chasing the country’s sportsbooks for reportedly their inability to ensure steady tax proceeds to the Kenyan budget. As a result, the sportsbooks have ended up losing their licenses. Mwendwa is assured that it has a very negative impact on the national football.
Instead, the FKF president urged the country’s cabinet to consider the financial support for AFC Leopards, Gor Mahia, the FKF, the Kenyan Premier League and also have their stance softened.
What’s more, Nick Mwendwa drew attention to SportPesa. He appreciated their Sh600 million pumped in support of various football projects and expressed his strong fear that they might quit the industry.
Last year, SportPesa has all of its local partnerships canceled referring to a tax increase. However, a bit later they returned to betting although with limited funding.
Betin, another Kenyan sportsbook, also affected by the government’s fierce stance was involved in financing part of Harambee Stars for the Africa Cup of Nations preparations. The financing is reportedly estimated at Sh20 million.
AFC Leopards and Gor Mahia have also found themselves among affected by the stance. That’s why Nick Mwendwa asks the government to calm down and have the national sport in mind when it comes to doing such dangerous regulations. He added that without the active assistance of those sportsbooks the national football will inevitably undergo a series of hardships.