Betting firms ignore new 7.5pc tax on stakes

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A man in a casino in Nairobi. FILE PHOTO | NMG

Betting firms have failed to collect a 7.5 percent tax on the amount staked following the imposition of the new levy on July 1, setting the stage for a clash with the Kenya Revenue Authority (KRA).

A spot check on a number of betting sites showed that gamblers were not having the new tax deducted on their betting stakes.

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Note: The results are not exact but very close to the actual.