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Gambling law passed in Kenya establishes new regulator, ownership requirements

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Regulation

2024-12-03

Gambling law passed in Kenya establishes new regulator, ownership requirements

The government of Kenya has adopted a new law. Now only those gambling companies with more than 30% of shares owned by Kenyan citizens can obtain a license. This practice allows for more effective regulation of the gambling industry.

The Gambling Control Act has been under consideration for several years, as Parliament constantly found some shortcomings in it. Now, after the adoption of all the rules, there will be a revolution in the sphere of gambling in Kenya.

A gambling regulatory body will be established on the basis of the new bill. Previously, all tasks were handled by the Betting, Control, and Licensing Board.

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