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Betting companies facing closure

Betting companies facing closure

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;

1. SportPesa

2.Betin

3.Betway

4.Betpawa

5.Premierbet

6.Lucky 2 U

7.1X Bet

8.Mozzartbet

9. Dafa bet

10.World Sport Bet

11.Atari Gaming

12. Palmsbet

13. Betboss

14. Betyetu

15. Elitebet

16. Bungabet

17. Cysabet

18. Nestbet

19. Easybet

20.Kick Off

21.Millionaire Sports Bet

22.Kenya Sports Bet

23. Eastleighbet


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