More than 20 betting companies and casinos are facing closure after the team constituted to review their licenses failed to green-light their operations in the country.
In May this year, Interior Cabinet Secretary Fred Matiang’i said most of the Kenyan youth are in gambling but they are jobless hence they have to borrow money to gamble.
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 sh204 billion last year but paid only sh4 billion in taxes.
On 10th of July, the government directed mobile money service providers; Safaricom, Airtel and Telkom Kenya to withdraw pay bill numbers and SMS codes the betting companies use. Some, like Safaricom declined to abide by the directive.
The companies are;
6.Lucky 2 U
9. Dafa bet
10.World Sport Bet
21.Millionaire Sports Bet
22.Kenya Sports Bet