Africa

Zambia auditors identify 48 illegal casinos

Published

6 years ago

October 25, 2018

Niji Narayan

Zambia auditors identify 48 illegal casinos

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The Auditor General’s Office of Zambia has reported 48 casinos that were found operating illegally in the country in the year 2017.

The gambling revenue is a major income for the government. The Tourism and Hospitality (Casino) Regulations No. 93 of 2016 mandates that casino operators must obtain a license from the ministry to run gambling facilities in the country. However, at least 48 venues were operating without the license. The auditors estimate that the state suffered a €37k loss of revenue on account of this.

“Although amounts totalling €164k were remitted as 20 per cent of the net monthly earnings, it was not possible to ascertain whether this was the amount that should have been remitted in the absence of audited annual returns. Further, seven casino operators did not remit to the Ministry the required 20 per cent of net monthly earnings,” stated the government’s report.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.