BCLB Proposes Sh50m Entry Barrier in Crackdown on Betting Firms

BCLB Proposes Sh50m Entry Barrier in Crackdown on Betting Firms

NAIROBI, Kenya, Jul 16 – Kenyans seeking to register for gambling accounts may soon be required to take a selfie holding their national ID, in what regulators say is part of a strategic plan to clean up the fast-growing betting industry. The Betting Control and Licensing Board (BCLB) is proposing sweeping reforms to tighten market entry, raise compliance standards, and reduce the number of speculative operators in the country’s gambling sector. …

New Tougher Rules Proposed To Control Gambling

The Kenya Times ~ Trending, Breaking News and Videos New Tougher Rules Proposed to Control Gambling The Betting Control and Licensing Board (BCLB), on July 16, proposed a raft of new measures to tighten regulation of gambling in Kenya, amid rising public concern over the spread of unregulated online games like Aviator. The proposals were unveiled during a meeting between BCLB officials and the Departmental Committee on Finance and National Plann…

BCLB plans new tougher rules to control gambling

The government, through the Betting Control and Licensing Board (BCLB), has proposed strict measures to control gambling in the country that will henceforth require an individual who wants to register as a gambler to take photos of themselves carrying their Identity cards to prove that they are of the right age.  The proposed measures, if […]

Gambling sector faces higher taxes under UK Treasury plans

The UK Treasury is once again reportedly considering raising gambling taxes to help fill gaps in the national budget. According to The Observer, the measure is being weighed as a key option to boost revenue ahead of what’s expected to be a politically challenging budget announcement. Chancellor Rachel Reeves faces the challenge of generating up to £30 billion in funds without increasing income tax, VAT, or employee national insurance – pledges s…