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He added that should casinos shut up shop, the enterprise will both go offshore or underground. Gross annual turnover of casinos in Kenya stands at an estimated $20 million , according to a report by advisory firm PricewaterhouseCoopers . Golden Key has annual gross income of roughly Sh200 million on which it used to pay a gaming tax of Sh24 million under the previous tax rate of 12 per cent of the turnover. Lotteries give prizes to holders of random numbers whereas prize competitions reward individuals for his or her ability, information or use of a company’s products. Click on the heading to go to the betting market overview.
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