×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Why betting is going to be difficult after Government imposes tax on gamblers

[Courtesy]

Kenyan gamblers have been dealt a major blow after National Treasury Cabinet Secretary Henry Rotich proposed a 10 per cent excise duty on betting for every amount staked to curb the negative impact of gambling in society.

While presenting the 2019/20 Financial Year Budget in Parliament on Thursday, CS Rotich said the move is aimed at curtailing the negative impact arising from betting activities.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902