betting
The Betting Control and Licencing Board has expressed concern over limited budgetary allocations to support its actions in light of rising unlawful gaming, both online and offline.
The board’s director, Peter Mbugi, spoke before the National Assembly’s departmental committee on administration and interior security about budget implementation, revealing that the board has been earning more revenue for the government despite limited financial resources.
In the fiscal year 2023/2024, the board generated Sh256 million in revenue while receiving a budgetary allocation of Sh109 million, including salaries.
Mbugi emphasized the importance of enough money to support employment in various specializations, as well as ongoing staff training and exposure, in order to ensure a well-regulated gaming business throughout the country.
“Hon Chair, the Board’s overall goal is to have a well-regulated gaming industry that can guarantee; Public protection, Revenue generation, Responsible gambling, and Investment growth and Development of the Gaming Industry in Kenya. This goal can be achieved by providing the requisite support,” said Mbugi.
The Board advocated for significant investment and deployment of technology, including kitting and tooling, to enable real-time surveillance of gambling activities.
The Licencing Board also encouraged Parliament to pass the Gambling Control Bill 2023 into law to enable the industry’s development.
The bill currently before the Senate will establish a robust legal framework for the betting business.
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