There is regulation and just stupidity. A minimum of 50ksh bet is a good regulation. Hii ingine wanatuletea ati if you place a bet on your phone it is illegal na ingine ati 10% tax on 100 ksh plus another tax on winnings is just foolish.
Betting is a massive industry that is used to support sports. Instead of that happening those taxes are being diverted to pay loans because of the goverment over borrowing.
That will consequently kill any sponsorship deals and the corresponding sport. The revenues will also dwindle since people will seek alternatives. It might not be immediate since the majority of punters are the poor and are probay not aware of other options outside of Kenya but you can expect a majority of those who do will move.
Where does that leave the government?
we have countries where peasants bet a few coins on cock fights, frog races, turtle/tortoise races.
some rich folks bet on men fighting to the death.
humans will bet/gamble on anything.
you cannot regulate betting just for the sake. alafu if you examine the laws, you realize govt people are jealous they are not in the action.
if Gathecha had shares in sports betting companies, would Matiang'i be frothing at the mouth vile betting ni ushetani?
there is so much ill to tackle before betting firms.