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He added that ought to casinos close up store, 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 revenue of approximately Sh200 million on which it used to pay a gaming tax of Sh24 million beneath the earlier tax rate of 12 per cent of the turnover. Lotteries give prizes to holders of random numbers while prize competitions reward individuals for their skill, information or use of a company’s merchandise. Click on the heading to go to the betting market overview.

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