KRA statement on Ksh 13 Billion Tax Collected from Betting Services in FY 2024/2025

The Kenya Revenue Authority (KRA) has recorded an outstanding performance of 117.2% in Excise duty on betting services during the Financial Year (FY) 2024/2025, surpassing the set target of Kshs. 11.288 Billion.

Excise duty from betting services grew to Kshs. 13.233 Billion in the FY 2024/2025 from Kshs. 10.598 Billion collected in the last financial year.

During the period under review, Betting Tax surpassed the set target after collecting Kshs. 5.70 Billion against a target of Kshs. 5.495 Billion. This translates to a performance rate of 103.7% and a growth of 22.0%.

The performance is attributed to KRA's Taxation at Source initiatives specifically, integration of betting firms' systems to KRA's systems, enabling real-time monitoring of transactions. This has enhanced compliance and transparency and facilitated effective collection.

The growth in revenue comes at a time when the nation continues to face economic pressure. According to the 2025 Economic Survey, Kenya's economy grew by 4.7% in 2024, down from 5.7% in 2023, reflecting broader global slowdowns and local pressures on consumption and credit.

Despite the pressures, KRA's total revenue collection for the FY 2024/2025 stood at Kshs. 2.571 Trillion reflecting a 6.8% growth, demonstrating resilience and the importance of strategic targeting in mobilizing revenue from emerging sectors.

KRA reiterates its commitment to expanding the tax base through Taxation at Source initiatives to promote fairness, efficiency and transparency in tax administration.

Commissioner, Large and Medium Taxpayers - Rispah Simiyu