Betting via M-Pesa hits Sh169.1bn in one year

Mobile money transfer has enabled consumers have easy access to online sports betting services even in remote areas. PHOTO | salaton njau

Kenyans spent Sh169.1 billion to place bets through Safaricom’s M-Pesa in the year to March, underlining the gambling craze that has become a national pastime.

The telecoms operator’s disclosures show that the value of bets jumped 23.8 percent from Sh136 billion a year earlier, defying a government clampdown on gambling through the imposition of higher taxes both on the companies and punters.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.