The Kenya Revenue Authority (KRA) has recorded growth in its betting tax performance during the financial year 2024/2025.
In a statement issued on August 5, 2025, KRA announced an 117.2% performance in excise duty collection from betting services during the 2024/2025 Financial Year, surpassing the set target of Ksh 11.288 billion.
“KRA records 117.2% growth in betting excise tax, collecting Ksh 13.2B in FY 2024/2025. Boost driven by real-time monitoring and system integration with betting firms,” read the announcement.
According to the authority, the excise duty from betting services rose to Ksh13.233 billion in the 2024/2025 Financial Year, up from Ksh10.598 billion collected in the previous year.
This comes after the announcement of a 6.8% increase in revenue collection, with KRA netting Kshs. $ 2.571 trillion in the 2024/2025 financial year, despite a challenging economic time.
KRA Betting Tax Revenue Rises to Ksh13 Billion
Betting Tax collections during the review period amounted to Ksh 5.70 billion, surpassing the target of Ksh 5.495 billion.
“The performance reflected a performance rate of 103.7% and a 22.0% increase compared to the previous year.”
The authority has attributed this performance to its Taxation at Source initiatives, specifically the integration of betting firms’ systems with KRA’s systems, allowing for real-time monitoring of transactions.
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Betting Firms System Integration
KRA further explained that integrating systems with betting firms has enhanced compliance and transparency, leading to more effective and efficient revenue collection.
“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,” read part of the statement.
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Additionally, the taxman noted that the rise in revenue comes despite ongoing economic challenges.
According to the 2025 Economic Survey, Kenya’s economy expanded by 4.7% in 2024, a decline from 5.7% in 2023. The slowdown was attributed to global economic headwinds and domestic challenges that affected consumer spending and access to credit.
However, KRA’s total revenue collection for the 2024/2025 Financial Year reached Ksh 2.571 trillion, marking a 6.8% growth.
“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,” read part of the statement.
KRA has reaffirmed its commitment to expanding the tax base through Taxation at Source initiatives to promote fairness, efficiency, and transparency in tax administration.
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