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Betting on the Edge: Why Kenya’s New Rules Could Push Dozens of Gambling Firms Out

Summary by TechTrendsKE
A high-stakes cleanup of Kenya’s online gambling industry is underway — and this time, the government is aiming for the bank accounts. A proposed amendment to the Gambling Control Bill would require betting firms to post a security deposit of Sh100 million, a dramatic leap from the current Sh250,000. The money, held as a bank … The post Kenya Set to Enforce Sh100 Million Security for Online Gambling Firms in Push for Consumer Protection appeared…
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TechTrendsKE broke the news in on Wednesday, July 23, 2025.
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