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Betting firms face two more gambling taxes in new Bill
Humphrey Wattanga Mulongo takes an oath of office as the new Commissioner General at the Kenya Revenue Authority (KRA) at the Supreme Court of Kenya on August 24, 2023.
Photo credit: Wilfred Nyangaresi | Nation Media Group
The State is lining up two new taxes on betting firms, escalating the onslaught on the multi-billion shilling industry whose growth appears to defy heavy taxation.
The Betting Control and Licensing Board (BCLB) has proposed a gambling tax which will be charged at the rate of 15 percent of a betting firm’s gross gaming revenue and a further one percent monthly levy on the same revenue.
