Subukia MP Nelson Gaichuhie told his colleagues that Treasury, gambling companies, the Betting Control and Licensing Board had all agreed on keeping the taxes as they had been approved last year. They will still be paying corporation tax at 30 per cent and 7.5 per cent of their revenue,” said Mr Gaichuhie before the proposals on betting companies were rejected. Mr Namwamba said MPs should think of ways to allow betting firms continue being in business while watching out for the interests of those affected. Mr Duale said as a result of the reprieve for the gambling companies, “betting, lottery and gaming will flourish.”“It will affect the young people in this country. He was supported by MPs Moses Kuria (Gatundu South, Jubilee), Finance Committee chairman Benjamin Lang’at and Minority Whip Thomas Mwadeghu, among others.

Source: Daily Nation May 30, 2017 16:52 UTC