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The case comes after months of strain to reverse an order slashing playing hours which was at one time rescinded by former board chairman Lucas Maitha before being restored by BCLB director Amos Kwasi.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 close up shop, the business will either 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 revenue of approximately Sh200 million on which it used to pay a gaming tax of Sh24 million underneath the previous tax rate of 12 per cent of the turnover.

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“Generally a casino’s gross revenue will exceed prices by between 10 to 25 per cent depending on its size. In our case it is at greatest 22 per cent,” Mr Dunford wrote in the letter. More casinos are contemplating shutting down, according to Association of Gaming Operators Kenya chairperson Ronald Karauri. Industry insiders stated the economics of the enterprise might not allow them to shoulder the additional tax burden, forcing them to close up shop. However, the shortage of a obtain application for iOS and Android gadgets is a bit bitter.

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“We are requesting the CS to think about reopening our businesses to allow us earn a residing,” He says. The sector has employed more than 10,000 individuals and supporting the livelihood of about 30,000 people. The battle started in February when the board issued new rules which require casinos on the coast to open and close their companies 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 many players seeks to test the powers of the Betting Control and Licensing Board .

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