@DailyNation

Self-regulation option for gaming industry

5 days ago, 21:20

The success of the online sports betting companies in Kenya has made the gaming industry a sweet target for the government with regard to taxation at the primary level and problem gambling at a secondary level. The new 35 per cent monthly tax on betting revenue, gaming revenue, lottery turnover and gross turnover for prize competition, up from 7.5, 12, 5 and 15 per cent, respectively, took effect on January 1. The gaming firms, particularly SportPesa and Pambazuka National Lottery, have negative ...
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Category: topnews news oped opinion

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Category: topnews news

@DailyNation

Self-regulation option for gaming industry

5 days ago, 21:20


The success of the online sports betting companies in Kenya has made the gaming industry a sweet target for the government with regard to taxation at the primary level and problem gambling at a secondary level. The new 35 per cent monthly tax on betting revenue, gaming revenue, lottery turnover and gross turnover for prize competition, up from 7.5, 12, 5 and 15 per cent, respectively, took effect on January 1. The gaming firms, particularly SportPesa and Pambazuka National Lottery, have negative ...
Read More

Category: topnews news oped opinion

Suggested

2 hours ago, 22:46
@DailyNation - By: Nation Team
Extended Form One admission to close Wednesday

Those selected during the replacement exercise will be expected to report by January 23. ...

Category: topnews news
3 hours ago, 21:45
@DailyNation - By: Kennedy Kimanthi
Passport printing grinds to a halt after power blackout

Kihalang’wa said the system was down but has since been running. ...

Category: topnews news
8 hours ago, 17:11
@CapitalFMNews - By: Racheal Mburu
Sheikh Gorsa to remain in custody for 30 days in terror probe

NAIROBI, Kenya, Jan 16 - The Muslim cleric whose arrest led to protests in Marsabit during which three people were killed, will remain in police custody fo - Kenya breaking news | Kenya news today | C ...

Category: topnews
13 hours ago, 11:22
@TheEastAfrican - By: Allan Olingo
Prolonged electoral period and drought to dim East Africa’s growth

Inflation in Kenya, Uganda and Tanzania to remain high in 2018. ...

Category: topnews news
1 hours ago, 23:42
@TheStar - By: Gilbert [email pr ...
Nairobi water shortage looms as reservoirs drop

Water rationing in Nairobi looms large as the reservoirs holding the city’s supplies continue to drop.The Nairobi City Water and Sewerage Company now pegs its hopes on the April long rains. Acting MD ...

Category: topnews news
1 hours ago, 23:42
@TheStar - By: Maureen Kinyanjui ...
MCAs eject pilot from plane, he later flies without them

Fifteen Nairobi MCAs were on Monday night detained after a misunderstanding between them and management of local airline Fly540. The MCAs who were headed to Mombasa for an investors’ meeting were invo ...

Category: topnews news
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