Interior Cabinet Secretary Fred Matiang'i on Saturday revealed that many betting firms' licences in the country were on the line after failing to comply with the new tax laws.
Speaking in Chache North, Kisii County, the no-nonsense CS disclosed that he had already received a report from the Betting Control and Licencing Board and that the future did not look good for the companies.
He condemned betting for frustrating youth who, after making losses in that industry, resorted to committing suicide.
He blamed the firms, which have sprouted from all corners, for turning the country into a gambling nation stating that the government was not going to condone it.
“We cannot be a gambling nation. We must live an honest life. Many youths end up frustrated when they fail in gambling and end up committing suicide.
“They must all comply with the law,” regretted the CS as quoted by Daily Nation.
Among the leaders who were present at the function include Governor James Ongwae, Deputy Governor Joash Maangi, MPs Jimmy Angwenyi (Kitutu Chache North) and Richard Onyonka (Kitutu Chache South).
Earlier, proprietors within the multi-billion were ordered to remit their taxes to the State by July 1.
The government has embarked on a plan to heavily regulate the sector which is destroying the country's moral fabric if left uncontrolled.
