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Friday 15 November 2019
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19 betting firms facing closure

NINTEEN betting companies operating in Kenya risk closure, after the team constituted to review failed to green-light their operations. The firms are said to have failed to prove that they were tax compliant as required by the Betting Control and Licensing Board (BCLB).

Among the findings of the Board during the vetting is that the companies made a cumulative amount of Ksh.204 billion last year but paid only Ksh.4 billion in taxes. Also risks closure are 13 casinos and six lotteries. However the Betin, a betting firm which is among the list has moved to court seeking to have back its license.

 

In April this year interior cabinet secretary Fred Mataingi suspended all betting licenses subject for a fresh application sought. Among the firms whose licenses were cancelled   are, SportPesa, Betway, Betpawa, PremierBet, Lucky2u, 1xBet, World Sports Betting, and Atari Gaming.




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