Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 556224,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/556224/?format=api",
    "text_counter": 272,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "The potential of our gaming industry to create gainful employment and generate revenue for the Government and private sector remains untapped in our country. To promote growth of this sector and enable it to play its role in encouraging innovation, creating employment and driving growth, I propose to re-introduce a simplifying gaming tax which shall be a direct charge on the gross gaming revenue. I also propose to tax public lotteries at 5 percent of the lottery turnover and tax bookmakers at 7.5 per cent of the gross betting revenues. Similarly, all prize competition whose costs of entry are premium shall be taxable at 15 per cent of the total gross revenue. I will also introduce amendments requiring the appointment of technology providers as withholding agents for purposes of remitting 15 per cent of revenue raised through lottery into a fund to be established under the Public Finance Management Act, 2002 in furtherance of the objectives of the concerned sector."
}