The 30% Kenyan ownership rule for casino licences
Section 29(a) of the Gambling Control Act, 2025 allows a gambling licence only to a body corporate in which a minimum of thirty per cent of shares are held by Kenyan citizens. Section 79(5) exempts one narrow case: a foreign operator that does not intend to carry out online gambling in Kenya.
What section 29(a) says
Section 29 of the Gambling Control Act, 2025 says a person shall not be licensed to offer any gambling or betting activity unless that person is a body corporate in which a minimum of thirty per cent of shares are held by Kenyan citizens. Paragraph (b) adds a separate test about a Kenyan bank account. The wider list of eligibility tests is set out in who can hold an online casino licence in Kenya.
This guide stays on the shareholding test only: what it counts, what it leaves open, and how the Authority checks it. It describes the law as published. It is not legal advice.
The rule in one table
| Element | What the text says | Where |
|---|---|---|
| Who must meet it | A person licensed to offer any gambling or betting activity | Act, s.29 |
| Form of the holder | A body corporate | Act, s.29(a) |
| Threshold | A minimum of thirty per cent of shares held by Kenyan citizens | Act, s.29(a) |
| Exemption | A foreign based operator applying under s.79(4), which does not intend to carry out online gambling activities in Kenya | Act, s.79(4) and (5) |
| Link to eligibility | A person is eligible for a licence if it meets sections 29 and 30 and the Regulations | Licensing Regulations, r.19 |
What the wording counts and what it leaves open
The test is a floor on shares held by Kenyan citizens. The Act text does not state a ceiling, does not mention voting rights, and does not say how shares held through another company are treated. The Act defines "beneficial owner" only by pointing to the Companies Act, which is outside the sources used here.
A reader should therefore avoid treating thirty per cent as a complete description of who may own a casino company. It is one test among several, and the Authority applies the rest during vetting.
Worked arithmetic
Illustrative example. A company has 10,000,000 issued shares. Thirty per cent of 10,000,000 is 10,000,000 x 30 / 100 = 3,000,000 shares. Three Kenyan citizens holding 1,200,000, 1,000,000 and 800,000 shares together hold 1,200,000 + 1,000,000 + 800,000 = 3,000,000 shares, which is exactly the minimum.
If the same three held 2,999,999 shares in total, the holding would be one share short and the section 29(a) wording would not be met. The remaining 7,000,000 shares (70 per cent) could sit with a foreign holder without changing that result. The figures are invented for the arithmetic and describe no real company.
Other tests that sit beside it
Passing section 29(a) does not make a licence automatic. Under section 30 the Authority vets every application and weighs solvency, qualifications and fit and proper conduct of the body corporate and its directors. Regulation 20(5) of the Licensing Regulations adds the background, reputation, integrity and experience of proposed significant shareholders.
| Term or document | What it covers | Where |
|---|---|---|
| Significant shareholder | A person who directly or indirectly holds not less than twenty-five per cent of issued share capital or voting rights, or who can control the board or management | Licensing Regulations, r.2 |
| Beneficial ownership disclosure | A declaration that accompanies the application | Act, Second Schedule (j) |
| List of directors | A declaration that accompanies the application | Act, Second Schedule (i) |
| Vetting of shareholders | A licensee submits directors, shareholders and key gambling employees for vetting | Conduct Regulations, r.61(1) |
The thirty per cent test and the twenty-five per cent definition measure different things. The first is a minimum Kenyan citizen holding required of the licence holder, while the second labels persons whose suitability is examined. Both figures are taken from different instruments and should not be mixed.
The foreign operator exemption
Section 79(1) allows a foreign based operator to be issued an online gambling licence only where it is registered in Kenya, has a physical address registered in Kenya and meets the requirements in regulations. Section 79(2) adds audited books of accounts for the immediately preceding year.
Section 79(4) lets a foreign based operator that does not intend to carry out online gambling activities in Kenya apply anyway, and section 79(5) exempts that applicant from section 29(a). An operator that does intend to serve Kenya is not inside the exemption. Whether a Curacao or Malta licence changes any of this is covered in whether a Curacao or Malta licence is valid in Kenya.
Keeping the ownership in line after the licence is issued
The test is not only checked on the day of application. Regulation 65 of the Conduct Regulations requires a licensee and its directors, shareholders and key employees to remain fit and proper during the licence. Regulation 66 says a gambling company must seek written authorisation before any change in directors or shareholders.
Regulation 100 says a licensed body corporate that intends to change ownership, directorship or shareholding shall notify the Authority in writing for approval before the change is effected, and that the Authority undertakes due diligence and vetting of the proposed holders. The rules stop short of saying in so many words that the thirty per cent figure is re-tested, so that question belongs with the Authority.
- The licensee notifies the Authority in writing before the change.
- The Authority vets the proposed directors or shareholders.
- The change is made only after approval.
What a player can and cannot check
The regulator's published list shows company, trading name, licence numbers, status and domain. It does not show shareholders, so a player cannot confirm the thirty per cent holding from it. The list describes the 2025/26 trading period and was last modified on 2026-03-19, so the live page should be read for the current position.
What can be checked is whether the company behind a site appears on the list at all. The table of entries that list a domain is on casino brands on the GRA list. Operating without a licence is an offence, and the consequences are summarised in the penalty for an unlicensed online casino in Kenya. For the full list of duties a licensee carries, see what Kenyan law requires of an online casino.
Gambling is addictive: play responsibly, and keep to the 18+ rule. The GRA toll-free line is 0800-723-770.
Questions and answers
Does the rule count shares or votes?
The wording of section 29(a) counts shares: a minimum of thirty per cent of shares held by Kenyan citizens. It does not mention voting rights or share classes. How a particular share structure is counted is a question for the Authority.
Is thirty per cent a ceiling on foreign ownership?
No. Thirty per cent is the minimum Kenyan citizen holding. The text does not set a maximum for Kenyan holders or a minimum for foreign holders, so a larger Kenyan share also meets the test.
Can the Kenyan shareholding change after the licence is issued?
A change in directors or shareholders needs the Authority's written authorisation before it is made. Regulation 66 of the Conduct of Gambling Operations Regulations, 2026 and regulation 100 say so, and the Authority vets the proposed holders.
Does the rule apply to a foreign operator that serves Kenyan players?
Yes. Section 79(5) removes the section 29(a) requirement only for a foreign based operator applying under section 79(4), which is one that does not intend to carry out online gambling activities in Kenya.
Can a player see who owns a casino company?
Not on the regulator's published list, which shows company, trading name, licence numbers, status and domain. The ownership disclosure is part of the application and is vetted by the Authority, so a player should ask the Authority.
Sources
- Gambling Control Act, 2025 (No. 14 of 2025), s.2, s.29, s.30, s.79 and Second Schedule (j), accessed 2026-10-13
- Gambling Control (Licensing) Regulations, 2026 (L.N. 111), r.2 (significant shareholders), r.19 and r.20(5), accessed 2026-10-13
- Gambling Control (Conduct of Gambling Operations) Regulations, 2026 (L.N. 112), r.61, r.63, r.65, r.66 and r.100, accessed 2026-10-13