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{
    "id": 1348138,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1348138/?format=api",
    "text_counter": 272,
    "type": "speech",
    "speaker_name": "Kilifi North, UDA",
    "speaker_title": "Hon. Owen Baya",
    "speaker": null,
    "content": " Hon. Temporary Speaker, I want to thank every Member who has contributed and the Committee that did a good job. As a country, we are at a threshold where we need a Bill to regulate the gambling sin in this country. I know many young people who even use their school fees to gamble and lose their university places. Therefore, to allow this sin of gambling to prosper without regulation is wrong on our part, as leaders. It is very important that we bring this law that regulates it. More importantly, we have a problem in this country of the falling of the shilling because of the forces of demand and supply. Many investors who invest their money into gambling take out a lot of it in dollars because of the profits they make. They cart away millions of shillings. Thus, causing a falling of the shilling. I propose that whoever invests gets 30 per cent and the Government gets 70 per cent. If 70 per cent of the money remains here, it will help us to stabilise the dollar. That is why we must regulate gambling. It is a multi-billion-dollar industry. If it is not regulated, it can wreck a country. Even in the USA and other places where gambling takes place, it is properly regulated. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor"
}