KRA’s Collections From Betting Firms Up 117.2%

The Kenya Revenue Authority (KRA) netted Ksh 13.333 billion from Kenyan betting firms, a 117.2% increase in Excise duty during the Financial Year (FY) 2024/2025. This was up from Ksh 10.598 billion collected in the last financial year.

During the period under review, Betting Tax surpassed the set target after collecting Ksh 5.70 billion against a target of Kshs 5.495 billion. This translates to a performance rate of 103.7% and a growth of 22.0%.

 The performance is attributed to KRA’s Taxation at Source initiatives, specifically, integration of betting firms’ systems to KRA’s systems, enabling real-time monitoring of transactions. This has enhanced compliance and transparency, facilitating effective collection.

The revenue growth comes at a time when the nation continues to face economic pressure. According to the 2025 Economic Survey, Kenya’s economy grew by 4.7% in 2024, down from 5.7% in 2023, reflecting broader global slowdowns and local pressures on consumption and credit.

Despite the pressures, KRA’s total revenue collection for the FY 2024/2025 stood at Kshs. 2.571 trillion, reflecting a 6.8% growth, demonstrating resilience and the importance of strategic targeting in mobilizing revenue from emerging sectors.

KRA reiterates its commitment to expanding the tax base through Taxation at Source initiatives to promote fairness, efficiency, and transparency in tax administration.

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