Press statements
AGOK RESPONSE TO NEW FINANCE BILL
AGOK responds to the proposed Finance Bill, expressing concerns about the potential ramifications of a 35% tax on gross profit within the gaming industry. While acknowledging the government’s aims to curb underage gambling and generate revenue, AGOK warns of the likelihood of business closures, job losses, and a surge in underground gambling. Chairman Captain Ronald Karauri advocates for reconsideration, urging for sustainable solutions and emphasizing the necessity of proper consultation to address industry challenges effectively. Read the full statement from AGOK’s Chairman here