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The case comes after months of strain to reverse an order slashing playing hours which was at one time rescinded by former board chairman Lucas Maitha earlier than being restored by BCLB director Amos Kwasi. He added that ought to casinos close up shop, the business 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 agency PricewaterhouseCoopers . Golden Key has annual gross revenue of roughly 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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“We are requesting the CS to consider reopening our businesses to enable 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 began in February when the board issued new guidelines which require casinos on the coast to open and shut their businesses at 11am and 5am. The gaming industry’s row with the overseer concerning restricted working hours has ended up in the High Court as one of many gamers seeks to test the powers of the Betting Control and Licensing Board .
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