By CELLESTINE OLILOMore by this AuthorGaming company SportPesa will terminate all existing sports sponsorships and leave the Kenyan market should a 35 per cent tax on revenue of gaming companies be effected from January as planned. Among other things, Finance Act 2017 provides for 35 per cent tax on revenue of betting companies. Karauri was speaking in Nairobi at a function organised to welcome a select league team back in the country after a week-long tour of Spain for friendlies that ended on Sunday. During the tour sponsored by SportPesa, the 18-man team played friendly matches against Spanish lower-tier league sides Cordoba and Sevilla Atlético in Malaga where they lost 3-0 and 1-0 respectively. He said such friendlies would help coaches pick a strong team to represent Kenya in the African Nations Championship next year.

Source: Daily Nation July 25, 2017 15:56 UTC