By
Kepha Muiruri
Business Reporter
Nation Media Group
Gamblers placed bets worth a record Sh330.5 billion in the year to June as the State eased punitive taxes on the sector, which outpaced new investments at the Nairobi Securities Exchange (NSE).
As a boom in online gambling across Africa gathers pace, governments are hiking taxes to contain addiction risks and fill depleted state coffers.
By
Kepha Muiruri
Business Reporter
Nation Media Group
Gamblers placed bets worth a record Sh330.5 billion in the year to June as the State eased punitive taxes on the sector, which outpaced new investments at the Nairobi Securities Exchange (NSE).

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