Matiang’i: Tax-evading betting firms to lose licences
SEE ALSO :Matiang’i: Betting a ticking time bombAccording to him, 76 per cent of young people are involved in one form of betting or the other. Fifty-four per cent of people actively involved in betting are low-income earners and over 500,000 youth have been blacklisted by lending agencies. The CS was meeting the board on Monday to review important policies in the sector. He also asked the board to document foreigners who are found indulging in the activity. Petition In February this year, High Court dismissed a petition filed by betting firms seeking to stop the Government from confiscating and destroying their gambling machines. Judge William Musyoka said the firms had failed to prove they were licensed to conduct the business as stipulated in the law.
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