Betting Regulator Seeks Kes.500 Million to Curb Underage Gambling
Science & Technology

Betting Regulator Seeks Kes.500 Million to Curb Underage Gambling

Technology tamfitronics The Betting Control and Licensing Board (BCLB) faces significant challenges in managing underage betting due to insufficient funding from the National Treasury.Principal Administrative Secretary Arthur Osiya reported to the National Assemblys Committee on Sports and Culture that the board cannot effectively monitor and regulate the gambling industry because it lacks the technology necessary for oversight.Osiya emphasized that over 80 percent of gambling activities in Kenya now occur online. This shift has made it difficult for the BCLB to protect young and vulnerable individuals from the dangers of gambling, especially since many underage individuals access gambling sites using their parents’ mobile phones.We have encountered an uphill battle in addressing underage participation in the gambling industry, Mr. Osiya stated. He further noted, Gambling is addictive and can distract underage individuals from their educational progress.To address...
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Australian regulator puts private markets participants ‘on notice’
Top Stories

Australian regulator puts private markets participants ‘on notice’

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