Self-regulation option for gaming industry
2 months ago, 11 Jan 22:20
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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