Gambling License Cost In Kenya

Gambling License Cost In Kenya State
Gambling License Cost In Kenya Shillings

The Kenya government and gambling operators in the country have been at loggerheads for the last few months as the government believes casino operators are not complying with their regulations. One of the biggest factors that has upset the Kenyan government is that it was able to collect only in gaming taxes when casino operators made a combined total of Sh204 billion.

Casino operators in Kenya were supposed to have their licenses renewed by July 1, 2019. However, that hasn’t happened as the Betting Control and Licensing Board (BCLB) decided to send a strong message by cancelling a number of licenses and deferring the renewal of some licenses indefinitely.

Gambling license cost in Kenya is one hundred million shillings for online gambling and fifty million shillings for land-based casinos. Betting tax in Kenya is not changed. However, there will be a new 35% tax on gaming advertisements (so don’t expect to see betting sites with no tax in Kenya anytime soon). Is Gambling Legal in Kenya? About The National Gambling Board is responsible for the oversight of the regulation in the gambling industry throughout the country and to preserve the integrity of South Africa as a responsible global citizen.

The tough stance taken by the BCLB has impacted will impact 19 casino operators who have had their licenses cancelled. The BCLB decided to indefinitely defer the licenses of 8 casino operators which will impact 6 lotteries and 13 casinos.

Betin which is one of the biggest casino operators in Kenya was one of those companies that had their license cancelled. The company has decided to take the legal route and see if it can get that decision overturned.

While the licenses of these casino operators have either been cancelled or deferred indefinitely, it hasn’t stopped them from continuing to offer services in Kenya which technically makes it an illegal operation.

Gambling License Cost In Kenya State

The Kenyan government will continue to impose stringent measures to shake casino operators. The next move is a crackdown on the top management of these betting firms in the country. There are reports that the top bosses of these gambling firms will be asked to leave the country shortly.

Government Cites Problem Gambling

The government has chosen to place the emphasis on the growing concern of problem gambling numbers in the country for its tough stance. A recent GeoPoll survey shows that more than 40 percent of low income Kenyan gamblers do not have a job and another 27 percent are students.

Kenya is the third biggest betting market in Africa and is expected to generate as much as Sh500 billion by the end of 2020. The government stands to lose a lot if it closes its gambling industry as employment opportunities, tax revenue and foreign investment will be lost.

Casino operators in Kenya have so far not responded to the government’s reluctance to renew their licenses.

Carolyn is our legislation expert, with a background in law she is able to cover the current state of gambling around the world

If you are planning to start a business in Kenya or any other part of the world, you might get lost in your own world due to lack of information. To prevent this from happening, we have decided to compile a list of popular business ideas and the amount of capital that you would need to start your dream business venture.

(NB:$1=Ksh86) (Disclaimer: These are rough estimates and actual costs may differ).

Total cost depends with location and type of machines bought. It is ideal to start this type of business in an upcoming middle-income residential area targeting the working class.

Low income areas – Ksh300,000
Middle income areas – Ksh500,000 to Ksh1,000,000
High income areas – Ksh1,000,000 to Ksh 3,000,000

You can start with a small gym and continuously plough-back the profit to scale-it up.

Small Butchery

The cost of starting a butchery in Kenya depends with location and size of the shop. It is advisable to have your butchery located in a place with high human traffic e.g. near a bus terminus or a busy street.

Low Income Areas – Ksh100,000
Middle Income Areas – Ksh200,000 – Ksh500,000
High Income Areas – Ksh500,000 – Ksh1,000,000

Selling Of Second Hand Clothes

Depends with the size of the business. You can leverage on the power of social media to drive-up sales for your merchandise. You can shop for cheap second-hand clothes in major markets such as Gikomba and Ngara markets in Nairobi.

Gambling License Cost In Kenya Shillings

Micro-sized Business – Ksh5,000 – Ksh50,000
Small Business – Ksh50,000 – Ksh250,000
Average-Sized business – Ksh250,000 – Ksh1,000,000

The cost of starting a small grocery shop depends with the location, size of shop and type of products being sold. Those in Nairobi can shop for cheap supplies in: Githurai 45 and Wakulima Markets.

Small Shop – Ksh50,000
Medium Shop – Ksh200,000
Large Shop – Ksh500,000 to Ksh1,000,000

We are talking about M-Pesa, Orange Money, Airtel Money and other forms of agency banking. Cost may vary from one provider to another but on average these are the charges.

Small Shop – Ksh200,000
Medium Shop – Ksh500,000
Large Shop – Ksh1,000,000 upwards

Depending with the size and location of your choice, the cost of starting a small wines and spirits pub may vary in the range of:

Small Pub – Ksh150,000 to Ksh350,000
Medium Sized – Ksh500,000
Large Sized – Ksh1,000,000 to Ksh2,000,000

This is a company that cleans and organizes homes and offices for its clients at a fee. You use high-grade cleaning agents and the latest cleaning techniques to keep your clients’ environment spotless clean. Cleaning business has great potential and you can never go wrong by trying it out.

Small Business – Ksh200,000
Average Business – Ksh1,000,000 – Ksh3,000,000

Car-Wash Business

Again, the viability of this business depends with the location and size of the business. Availability of clean water is yet another of the important factors you should consider.

Small Business – Ksh80,000
Medium Business – Ksh 150,000 to Ksh500,000

This is the business of helping clients move their property from one house to another when e.g. when shifting from one estate to another.

Hand-Cart Business – Ksh30,000
Small Truck Business – Ksh1,500,000
Ideal business – Ksh5,000,000

It does not cost much to start a popcorn business. All you need is a good machine, strategic location and excellent interpersonal skills.

Roadside Business – Ksh50,000
Medium Business – Ksh100,000 (Can be combined with other in-house businesses)

While highly competitive, the beauty industry continues to flourish all over the world. In this case, we are talking about a small shop that deals with the sale of small items like nail polish, lotions, weaves, body oils and other cosmetic products.

Small Business – Ksh30,000
Average Business – Ksh200,000

This is the business of rearing and selling of quality-grade rabbits. There is ready-demand for rabbit meat provided one knows how to package and market his or her products.

Small farm – Ksh30,000
Average farm – Ksh100,000
Ideal farm – Ksh500,000

This is a fantastic idea for those who love cooking and have a bit of internet marketing skills. You can get some training first to ensure you have what it takes to meet customer expectations.

Small Business – Ksh80,0000
Average Business – Ksh200,000
Fully-fledged Business – Ksh500,000

You have two options here. Either to start a small barber shop to cater to low income earners or an executive one for the high-end market.

Small Business – Ksh50,000
Average Business – Ksh500,000
Executive Barber Shop – From Ksh1,000,000 upwards

This is only a good investment if you are ready to work hard to find ready market for your products. If you are not too sure about where to find market, don’t invest in it.

Small Farm – Ksh50,000
Ideal Farm – Ksh150,000
Large Farm – Ksh1,000,000 upwards

Dairy Farming

Dairy farming is quite an engaging affair and it requires you to be adequately prepared. It’s important to research adequately before investing in this line of business.

1 Heifer costs roughly Ksh50,000 to Ksh60,000(Grade)
Small Farm – Ksh150,000
Ideal Farm – Ksh500,000
Huge Farm – Ksh5,000,000 upwards

This is more of a service-based business. You need to be talented, passionate and creative about taking photos if you want to survive in this industry (it’s quite competitive, we should add).

Small Studio – Ksh100,000
Ideal Studio – Ksh500,000
Big Studio – Ksh1,000,000

This is the business of transporting small letters, parcels, flowers etc. from sender(s) to receiver(s). It is easy to start but you might take long to win the customers’ trust. The key to success in courier business is timely delivery and careful handling of packages.

Small service (Inter-Estate) – Ksh200,000 to Ksh500,000
Ideal service – Ksh1,00,000 upwards

Finally;

Hope this brief capital break-down will help you invest in the most ideal business concept. We would like to hear from you…share your thoughts with us via the comment box.