Adoption of the new tax rate will lower the amount that gamblers stake, in turn reducing the possible pay-out from a winning bet.
A new proposed law to tame gambling will allow The Kenya Revenue Authority (KRA) and state agencies like Police and National Intelligence Service (NIS) to track...
All cleared Betting firms have started deducting 20 percent withholding tax from gamblers winnings as they comply with directives from the Government. The move is despite...