Betting firms say Uhuru ill-advised on 35pc tax rise

President Uhuru Kenyatta signs a Bill into law at State House, Nairobi. FILE PHOTO | NMG

Betting firms say President Uhuru Kenyatta was ill-advised in increasing gaming tax to 35 per cent of gross profits, warning that it would suffocate the fledgling industry.

The firms, through their lobby Association of Gaming Operators, said that the tax will kill mainstream firms and pave the way for underground players who will be difficult to control and regulate.

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