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The taxes on gaming too punitive, it will kill business

(Photo: Courtesy)

The gaming industry is staring at the skulls that will be its disposition starting from 1st January 2018 due to the imposed 35 per cent tax on gross revenue across gaming sector.

Currently the industry pays across the sector a 30 per cent corporation tax as well as individual sub-sector taxes of -gaming 12 per cent, Betting 7.5 per cent, Lotteries 5 per cent and prize completion of 15 per cent.

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