Reprieve for betting firms after MPs back gambling tax review

A customer on a slot machine at a casino in Eastleigh, Nairobi. FILE PHOTO | NMG 

The Parliament has cut the proposed tax on lottery and betting winnings to 10 per cent and supported the Treasury’s bid to lower gaming levies by more than half to 15 per cent.

Finance and National Planning Committee has proposed to reduce tax on winnings from 20 per cent the Treasury had proposed to 10 per cent.

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