BETTING KENYA Court freezes new SportPesa licence amid shareholder row 4 months ago Szarlot Post Views: 166 The High Court has stopped the use of the SportPesa brand in Kenya’s gaming business amid shareholder fights in a ruling that deals a blow to Milestone Games Ltd that had been allowed to run the popular brand. Justice Anthony Ndung’u issued the temporary order suspending the licence issued to Milestone Games last month by the Betting Control and Licensing Board (BCLB) to use the SportPesa brand for the year to June 2023. The freeze followed a petition from businesswoman Asenath Wachera Maina who has a 21 percent stake in Pevans East Africa that pioneered the sports gaming business in the country with the SportPesa brand. Pevans East Africa ceased operations after losing its licence in 2019, partly due to allegations of non-payment of taxes that the Kenya Revenue Authority last computed at Sh95 billion. The SportPesa brand returned on October 30, 2020, through Milestone Games, which is owned by some of the shareholders of Pevans, including Ronald Karauri, amid opposition from the regulator. Source: businessdailyafrica.com About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: Kenya, Milestone Games, SportPesa, sportsbetting Continue Reading Previous betPawa GPL sponsorship less than $1 millionNext UKGC fines Betway $400,000+ for marketing on children’s pages More Stories BETTING TANZANIA Betting firm employs 142 Tanzanian youths 1 day ago Szarlot BETTING SOUTH AFRICA Betfred SA denies it owes Joburg City Power over R3m in unpaid lights bill 1 day ago Szarlot BETTING TANZANIA Parimatch Tech becomes GR8 Tech 1 day ago Samuel BETTING GHANA Why Ghana Must Widen the Distance Between Sports Betting and Education Centres 4 days ago Szarlot BETTING WORLD NEWS 1xBet Statement: Curaçao License is Valid and Fully Operational 4 days ago Iwo Bulski BETTING GHANA How to bet on sports responsibly? 4 days ago Szarlot EXPERTS KENYA BetEngines launches the first Sportsbook software solution tailor-made for the African market. 5 days ago Adeleye Awakan BETTING UGANDA Up To 20 Arsenal Fans Arrested Over Trophy Parade In Uganda 5 days ago Samuel BETTING NIGERIA 13 players win over N160m via BetKing’s ACCA 5 days ago Szarlot EXPERTS KENYA Ronald Karauri’s Inspiring Journey from Pilot to SportPesa Billionaire 5 days ago Szarlot KENYA ONLINE The Rise of Crypto Casinos in Kenya 5 days ago Samuel EXPERTS KENYA Betting firms rush to comply with new tax regulations 6 days ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.