Vicious fight over billions in gambling - News Summed Up

Vicious fight over billions in gambling


By WANJOHI GITHAEMore by this AuthorA vicious battle between big industry players and smaller ones based in the counties for control of the betting, gaming and gambling sector has been going on even as government seeks to raise taxes of their earnings. The big companies’ business model is carried in online and mobile platforms while the small players have slot machines, mostly imported from China and targeting low-income earners. The judge directed the government, its officials and agents not to conduct any crackdown on business premises where the slot machines are situated. “We fully support President Uhuru Kenyatta’s concerns last Monday over the rising problem of underage gambling associated with illegal gambling machines,” he said in press statement. The president promised to ask Treasury to liaise with parliament to engage the industry players on the taxes but insisted they will not come too low.


Source: Daily Nation April 22, 2017 22:07 UTC



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