Bettors Set To Pay A Fine Of Ksh.5 Million In New Proposal

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Bettors are set to pay a fine of Ksh 5 million or face a jail term of 6 years if they bet with less than Ksh 100. This measure was stipulated in a new betting policy which will become law if approved by Parliament.

Interior CS Fred Matiang’i advocated for the recommendation to be implemented as it seeks to curb the betting craze among Kenyan youth, mostly unemployed.

In what appears to be a new tactic targeting gamers rather than betting firms, the bill does not impose any restriction on betting firms with minimum betting stakes as low as Ksh 5.

In 2019, Members of Parliament suggested Ksh 50 as the minimum betting stake. However, Matiang’i appealed the proposed amount and convinced them to consider Ksh 100.

Matiang’i is seeking to impose more strict measures after a survey by Geopoll indicated that 76% of Kenyan youth participate in betting, spending an average of Ksh 5,000 per month, the highest in Africa.

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