Investigations

Betting Board Says Jackpots Run By SportPesa Are Fake Warning Kenyans Not To Be Duped

Published

3 years ago

December 30, 2020

Bitting firm SportPesa has been fighting to whither the storm despite the state putting up arms against seeing the company from getting back into operation citing fraud allegations.

The company has been accused of engagement in money laundering, tax evasion, this had its operations shut since last year. It’s foreign directors whom were accused of being in the criminal ring were deported and when the same company under new management attempted to make a comeback this year, they were as well charged for fraud in their attempts to circumvent the system in the comeback.

Betting Control and Licensing Board (BCLB) canceled the operating license for the rebranded SportPesa, however, the firm has been running their business illegally with most of betting activities active on their website.

Amongst the services active; jackpot and mega jackpot. Now the board says SportPesa is not licensed to run jackpot services warning Kenyans against getting duped.

Through a statement to the public published in local dailies, BCLB urged Kenyans not to be duped to participate in jackpots offered by unlicensed operators in the betting and gaming industry, as it listed companies that have been authorised to offer the services, leaving out SportPesa.

The regulator stated that only nine companies have been authorised to run jackpots. The companies listed are Infinite worldwide, Croissance Ltd, Supabet Ltd, White Rhino, Albertyne Ltd, Zumandu Ltd, Kareco Holdings Ltd, Bet Mbao Ltd and Shop and Deliver.

“To run a jackpot an operator must seek authorisation from the board, provide proof of a fixed cash deposit equivalent to the jackpot being offered- this is to act as a security of the jackpot, and provide a schedule of draws to ensure officials from the Betting Control and Licensing authenticate both the drawing process and the winners,” BCLB stated in the statement.

The communication means SportPesa had not gone through the processes and was therefore running unsecured jackpot and mega jackpot services.

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