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The case comes after months of pressure to reverse an order slashing gambling hours which was at one time rescinded by former board chairman Lucas Maitha before being restored by BCLB director Amos Kwasi. He added that ought to casinos shut up shop, the enterprise will both go offshore or underground. Gross annual turnover of casinos in Kenya stands at an estimated $20 million , based on a report by advisory firm PricewaterhouseCoopers . Golden Key has annual gross income of roughly Sh200 million on which it used to pay a gaming tax of Sh24 million under the previous tax rate of 12 per cent of the turnover.
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“We are requesting the CS to contemplate reopening our companies to allow us earn a living,” He says. The sector has employed greater than 10,000 folks and supporting the livelihood of about 30,000 individuals. The battle began in February when the board issued new rules which require casinos at the coast to open and shut their businesses at 11am and 5am. The gaming industry’s row with the overseer relating to restricted working hours has ended up in the High Court as one of the gamers seeks to check the powers of the Betting Control and Licensing Board .
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