Connect with us

News

Sportpesa, Betin, Betway Amongst The 27 Betting Firms That Government Has Frozen Their Pay Bill Numbers

Published

on

Interior CS Matiang’i.

Matiang’i has moved ahead with his threats and kicked off one of the biggest shakeups in the growing betting industry. In the latest move that has affected the biggest firms accused of fraud.

The government has now directed mobile money service providers; Safaricom, Airtel and Telkom Kenya to withdraw pay bill numbers and SMS codes of 27 betting companies among them SportPesa, Betin and Betway.

In a letter to the telcos, Betting Control and Licensing Board Acting Director Liti Wambua, said the licenses of the 27 firms remain withdrawn, hence, their payment platforms should also be suspended.

“We wish to inform you that the licenses for the following betting firms were not renewed until they meet the outstanding renewal requirements as well as outcome of ongoing due diligence to determine if they are fit and proper to hold a license from this board.

Advertisement

“Consequently, we request you to suspend their pay bills and short codes until otherwise advised,” reads the letter  dated July 10, 2019.

The affected firms are said to have failed to prove that they were tax compliant as required by the Betting Control and Licensing Board (BCLB).

This was apparently discovered after a probe by a multi-agency team constituted  to probe the licenses of all betting and gaming companies in the country.

A report from the multi-agency team indicated that the  companies made a cumulative amount of Ksh.204 billion last year but paid only Ksh.4 billion in taxes.

Related Content:  How Kenya Is Sending Help To China In Fighting Coronavirus

The firms whose licenses have since been canceled include, SportPesa, Betin, Betway, Betpawa, Elitebet, PremierBet, Lucky2u, 1xBet, MozzartBet, Dafabet, World Sports Betting, Atari Gaming, Palms Bet and Betboss.

Advertisement

Others are Kick-Off, Atari, Millionaire Sports Bet, Palmsbet, Chezacash, Betyetu, Bungabet, Cysabet, Saharabet, Easibet, Easleighbet, Sportybet and AGB Lottery & Gaming.

All betting licenses in the country stood suspended and fresh application sought by July 1, 2019 following a stakeholders meeting between Interior Cabinet Secretary Fred Matiang’i and representatives of the firms in April.

Source


Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Advertisement

Kenya West is a trained investigative independent journalist and a socio-political commentator on matters Kenya and Africa. Do you have a story, Scandal you want me to write on? Send me tips to [[email protected]]

Advertisement
Advertisement
Advertisement

Facebook

Most Popular