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{
    "id": 1626121,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1626121/?format=api",
    "text_counter": 93,
    "type": "speech",
    "speaker_name": "Sen. Wakili Sigei",
    "speaker_title": "",
    "speaker": null,
    "content": "Mr. Speaker, Sir, I second the Motion that has just been tabled by Sen. Alan Chesang. I affirm that the mediated version of the Gambling Bill is a product of a Joint Committee of the National Assembly and this House. Initially, when the Bill came into the House, certain amendments were proposed. This led to a reconstitution of the Mediation Committee to consider the proposals that particularly came from this House. In particular, part of the new introductions to the version of the Bill currently before the House is a requirement for those trading in the business to have 30 per cent ownership to local representation, especially those who want to trade online. This was a position earlier provided, requiring any gambling agency to submit 30 per cent of its shareholding to local investors. The Committee, in its discussion, provided that the only way we can enhance the business community in that sector is by improving support and taxes to these countries. This requires them to relinquish a certain percentage of their shares and meet specific conditions, including provision of physical space and registration processes normally required for local entities. The version now tabled will speak to a number of concerns, noting that this is one of those businesses that exists almost across the world. Gambling, as you know, has been regulated globally due to the need to ensure that young members of society, who do not necessarily understand gambling, are protected from being consumed by the sector if regulations are not properly in place. This Bill will enhance protection and control to support mechanisms that ensure everyone involved in gambling complies with certain provisions of the law. Mr. Speaker, Sir, I second the Motion. I ask Members of the House to support the Motion, so that the Bill can progress to the next level for processing. I thank you."
}