KRA targets record Sh16bn in betting taxes as experts see field of landmines

Times Tower in Nairobi, the Kenya Revenue Authority headquarters. FILE PHOTO | DENNIS ONSONGO | NMG

The taxman is looking to collect a record Sh16 billion in excise taxes from betting, gaming and lottery businesses in the next financial year as it tightens revenue leakages in the sector.

The new tax target for the industry is Sh250 million higher than collections expected in the current financial year.

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Note: The results are not exact but very close to the actual.