No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Kenyan Gamblers could face a 20 percent withholding tax
Tuesday, November 29,2011 : MORE TAXES FOR KENYAN PUNTERS
Players could face a 20 percent withholding tax on their winnings
The Kenyan government appears to be moving toward an increase in taxation on gamblers, proposing the introduction of a 20 percent withholding tax on players' winnings, reports the Daily Nation.
It is not at present known how the proposed tax would impact Montreal-based Amaya Gaming, which earlier this year launched Kenya's first online betting site at Bet Kenya.com as the centrepiece of Amaya’s agreement with the Betting Control and Licensing Board of Kenya (BCLB) to operate online gaming in the country (see previous InfoPowa report).
News of the new tax surfaced at a business conference in Nairobi, where senior government official David Gichohi noted that there was no way that winning gamblers can be taking 100 percent of the money without paying taxes.
He said that the government plans to impose the 20 percent withholding tax on winnings next year in an effort to bring more people into the tax net.
Tax planning by the government has for the past decade been focused on finding areas where people accrue wealth but are as yet untaxed, the Daily Nation reports.
The government currently levies a 16 percent tax on gaming companies, leaving the players unscathed.
The mainly land casino industry in the country is less than enthusiastic about the new tax, complaining that it already carries a heavy tax burden and that it could discourage players.
Casino manager Fridah Mwebia said: “Our members will meet in December to discuss what steps we are going to take against this move.”
The Association of Gaming operators-Kenya (AGOK) said its members are opposed to the new tax and have presented their view to the parliamentary budget committee that it is unfair and impractical.
“If they (government) want [to do this], they should levy the 20 percent tax directly on the winning customers. If it is directed to the casinos, it is impractical,” a spokesman for the Babylon Casino in Nairobi said, noting that the casinos have no problem paying taxes, but it was a question of how workable the tax system was.
This is the government's second attempt to increase tax on gambling; a previous initiative tried to introduce a five percent excise duty but failed after the casinos took the matter to court and won.
The conference was about the need for firms to embrace e-commerce in marketing their products and services to take advantage of the over 12 million Kenyan internet users.
The South African government has also introduced new gambling targeted tax initiatives, requiring all winnings over Rands 25,000 to be declared for tax purposes.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.