Kenya Cabinet approves the Gambling Policy, Gambling Control Bill, and the National Lottery Bill, 2023
The Cabinet in Kenya has given the green light to the Gambling Policy, 2023, the Gambling Control Bill, 2023, and the National Lottery Bill, 2023. These three crucial bills have been approved and will be forwarded to Parliament for further deliberations and approval. Kenya Gambling Policy Gambling Control Bill National Lottery Bill 2023
The approval of these bills is a significant step towards regulating the gambling industry in Kenya. It seeks to ensure that gambling is conducted in a transparent, accountable, and responsible manner. It also seeks to reduce the negative impact of gambling on society, especially among youth.
The Gambling Policy, 2023, establishes the framework for regulating gambling activities in the country. It outlines the objectives of the policy, the principles that guide gambling operations, the roles and responsibilities of different actors in the industry, and the measures for monitoring and evaluating the impact of gambling on individuals and society.
The Gambling Control Bill, 2023, on the other hand, provides detailed provisions for regulating different forms of gambling, including casinos, lotteries, sports betting, and online gambling. It seeks to establish a regulatory body responsible for issuing licenses, enforcing compliance, and imposing sanctions on operators who violate the rules.
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The National Lottery Bill, 2023, seeks to regulate the lottery industry by providing clear guidelines for the conduct of lottery activities. It also provides for the establishment of a regulatory body responsible for issuing licenses and monitoring compliance with the law.
In approving these bills, the Cabinet has demonstrated its commitment to protecting Kenyans from the negative effects of gambling. The bills provide a regulatory framework that seeks to strike a balance between protecting public interest and promoting economic growth.
The approval of these bills is also an important step towards fulfilling Kenya’s international obligations in the fight against money laundering and terrorism financing. The regulation of the gambling industry is critical to curbing these vices that threaten the country’s security and stability.
Generally, the approval of the Gambling Policy, 2023, the Gambling Control Bill, 2023, and the National Lottery Bill, 2023, is a significant milestone for Kenya’s gambling industry. It sets the pace for a more transparent, accountable, and responsible gambling sector that contributes to the country’s socio-economic development. The bills must now be fast-tracked through the parliamentary process to become law and put into practice. Kenya Gambling Policy Gambling Control Bill National Lottery Bill 20232023
