Kenyan Gambling Control Bill 2023 Establishes New Regulator and Proposes Reforms

Kenyan Parliament is considering a Gambling Control Bill proposed to have a new Gambling Regulatory Authority established in the country. As soon as the bill is approved, it will replace the Betting, Control and Licensing Board (BCLB) currently regulating the Kenyan gambling market.

New Legislation:

As reported by a source, the Gambling Control Bill 2023 (pdf) anticipates the incorporation of the Board’s present mandate into the new Authority that will govern gambling licensing and regulation matters in the Kenyan jurisdiction. “The bill seeks to regulate betting, casinos and other forms of gambling, including the authorization of prize competitions, public lotteries and media promotions,” the bill reportedly states. The measure designed to improve the overall gambling environment in the country is sponsored by National Assembly Majority leader Kimani Ichung’wah, according to the source.

It means that the leading state authorities support the Gambling Control Bill 2023 as a measure that will ensure compliance with licensing requirements. These expectations are mounted against the previous 2022 statements reporting that the majority of gambling operators repeatedly failed to comply with these requirements. For this reason, the new legislation introduces a wide range of measures to secure legal compliance of gambling stakeholders in the country. These reportedly include an increased gambling taxes and fines for violation of license terms and conditions, as well as the prohibition of children’s registrations for gambling activities.

Gambling Bill Provisions:

The bill will also set the minimum wagering deposits to KES20 ($0.13) prescribing a statutory fine of KES5 million (around $33,000) for any violations of the KES20 minimum stake requirement. Also, the source reports that the proposed bill will ban radio and TV stations from presenting gambling advertisements between 6am and 10pm. The Gambling Control Bill 2023 further requires that Kenyan citizens hold a minimum of 30% shares in the companies licensed for gambling operations in the country. The operators are additionally required to ensure that all gambling-related transactions are carried out through banks registered in Kenya.

As a warranty of the commitment to legal operations, all gambling entities will have to deposit a bank guarantee or insurance bond to cover any failures to comply with the license terms and conditions. Casino operators will reportedly be required to deposit KES20 million (around $131,500), and KES200 million (around $1,3 million) for online sports betting and lotteries, respectively.

15% Tax Introduction

As reported, the new Gambling Authority will also govern the licensing of all lotteries as  a 30% minimum of these revenues will be allocated for charitable purposes. The authority will ensure the compliance of all gambling stakeholders in the jurisdiction and impose fines and penalties for any violations. The source reports that unlicensed lottery promotions may result in a KES1 million (around $6,500) fine or a one-year jail sentence. Last but not the least, the Gambling Control Bill 2023 will introduce a 15% tax on gross gambling revenues to replace the currently effective 7.5 % tax on betting stakes. In this way, the new legislation will cut the Gordian Knot and resolve the long-standing controversies around the Kenyan gambling tax system.

Related Posts

Halloween Comes To Los Santos In Latest GTA Online Update

Spooky season has officially launched in GTA Online, with Halloween modes, devilish cosmetics, and horror-themed automobiles. As October goes on, you can look forward to more scares on the horizon.

You can battle haunted enemies, like Slashers, Clowns, and FIB agents, in Halloween-themed multiplayer modes starting this week. You can earn double rewards in Adversary and Survival modes like Condemned and Alien Survivals Come from Sports betting site VPbet . You can also pick up triple rewards in the Judgement Day mode. Outside of the eerie side of Los Santos, you can get 2X GTA$ and RP for special Cargo Sell missions.

You can grab plenty of new devious cosmetics and cars as well. Log in to GTA Online this week, and …

Call Of Duty- Modern Warfare 3 Stirs Up Infamous "No Russian" Controversy

Activision has officially announced Call of Duty: Modern Warfare III, and it looks like the game is going to stir up some controversy once again over its connection to the “No Russian” mission from 2009’s Modern Warfare II.

For anyone just catching up, the 2009 game featured a mission in which villain Vladimir Makarov leads a massacre in an airport where he opens fire on everyone in sight. Players control an undercover CIA agent and can choose to take part in the bloodshed or stand by without firing their weapon, but still witnessing the violence. Trying to stop the attackers ends the mission Come from Sports betting site VPbet . This mission generated a lot of controversy, and, with Makarov returning in Modern Warf…

Amazon Prime Credit Card- How It Saves You Even More Money On Prime Day

Amazon Prime Day is coming June 21-22, and as always, there will be a number of big Prime Day deals, many of them exclusive to Amazon Prime subscribers. The Amazon Prime Rewards Visa Signature Card comes with its own benefits, both during Prime Day and year-round.

Like competing cards, the Prime Rewards Visa Signature Card is meant to be used year-round for regular purchases, but being tied to Amazon means you get the most out of it during Prime Day. The company has already announced some extra bonuses for Amazon cardholders for Prime Day 2021, some of which you can claim simply for signing up. Here’s a rundown of the limited-time Prime Day benefits for Prime Rewards cardholders:

$150 sign-up bonus

As part of a pre-Prime Day offer, A…

PGA Tour 2K23 Adding Free DLC Themed Around Dude Perfect, 100 Thieves, And Barstool Sports

2K Sports has announced some of the post-launch content coming to PGA Tour 2K23, and this includes crossovers with popular personalities and brands such as Dude Perfect, Barstool Sports, and 100 Thieves. All of this content will be free across all platforms.

PGA Tour 2K23 is out now for people who bought one of the game’s more expensive editions, while everyone else can jump in beginning October 14 Come from Sports betting site VPbet . At the end of October, apparel themed around Dude Perfect will come to the game, including branded hats, a polo, and a hoodie for players to customize their characters with.

Athletes and Celebrities Will Be Banned from Online Gambling Ads in Ontario

We’re pretty used to seeing various celebrities and athletes in promotional videos and commercials for many types of gambling and online casino games.

However, in Ontario, everything points out that they couldn’t be seen in such a context anymore. Athletes and celebrities in Ontario will probably be banned from appearing in commercials of online gambling operators. 

The impact on youth:

The reason that lies behind that proposal is the fact that these commercials can negatively affect youth and children, who often look up to famous people. The Alcohol and Gaming Commission (AGCO)

Harrington Raceway in Delaware Resolves Technical Issue, Reopens

Last week Thursday, Harrington Raceway and Casino’s operations were disrupted. The venue revealed in a post on social media that it is experiencing technical difficulties that caused a temporary halt of operations.

Technical Issue Disrupts Temporarily Harrington Raceway and Casino Operations

A day later, on Friday, Harrington Raceway and Casino confirmed it will resume its operations just in time for the festive celebrations planned for New Year’s Eve. The racino was closed for just a couple of days, but according to its announcement on social media, the company called in cyber security experts that would help with resolving the issue.