M-Pesa and Online Casino in Kenya

online casino kenya mpesa

If you’re looking for a good online casino in Kenya, you’ve probably heard of M-Pesa. You probably use this service every day to pay bills, buy airtime, and transfer money. You can also use M-Pesa to make payments to a list of supported companies. Alibaba and PayPal are examples of online businesses that support M-Pesa.

Payment options

The most common payment option used by online casino Kenyan players is M-Pesa. This method is fast, reliable and convenient for users without a bank account. M-Pesa deposits can be made using cash at a local agent. Once you have an account, you can use it to fund your online casino account. There are no other payment methods as easy as this. For a smooth and quick transaction, you should make sure you have enough money in your M-Pesa account.

Regulation

An online casino in Kenya is regulated by the state, but is it legal? The law does not make gambling illegal, but it does restrict the use of certain gambling methods in the country. There are restrictions on gambling advertising, however, so companies have until June 30 to comply with new rules. Gambling companies in Kenya generally operate online, and the government has provided a slew of benefits to local players, including M-Pesa and SportPesa.

Taxes

The betting industry contributed over Sh83.2 billion to the Kenyan economy in the six months to September 2021, according to the latest figures released by the Kenyan government and mobile phone operator Safaricom. This represents double the amount of betting cash in a similar period last year. The Kenyan government owns a 35% stake in Safaricom and said that the company saw its full year profits grow by 20 per cent.

Legislation

Gambling has become increasingly popular in Kenya, with the government attempting to curb the problem of problem gambling by enacting a new tax. A five-fold increase in gambling taxes was implemented in 2017 in an effort to discourage problem gambling and to deter the younger generation from engaging in it. While the tax on winnings may seem excessive, it is necessary to protect Kenya’s residents by implementing measures to discourage problem gambling.

Gaming sites

In the Kenyan market, a lot of players are looking for legitimate gambling sites where they can play a variety of casino games. Kenyan online casinos offer an incredible variety of online casino games, including top-quality live casino games. Some sites also offer exciting bonuses and promotions, so you can take advantage of those as well. Gaming operators in Kenya must be licensed by reputable gaming authorities to ensure fairness and security.