BETTING KENYA Court freezes new SportPesa licence amid shareholder row 1 year ago Szarlot Post Views: 321 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 KENYA Is online sports betting a popular hobby? 10 hours ago Samuel BETTING KENYA Payouts to gamblers thin out as fresh taxes hit winners 1 day ago Samuel BETTING KENYA Odibets To Reward Customers With 100 ‘Mbuzis’ For Christmas 2 days ago Samuel BETTING GHANA Bangbet is now available on Google Play Ghana! 2 days ago Szarlot BETTING KENYA Sportspesa risks losing license if found guilty of disobeying court order 5 days ago Szarlot EXPERTS KENYA Gamblers stake Sh620 billion in four years as betting craze rises 5 days ago Samuel BETTING KENYA Gamblers stake Sh620 billion in four years as betting craze rises 6 days ago Szarlot BETTING NIGERIA Nigerian Bookmakers Strengthen Partnership with Gamble Alert 6 days ago Samuel BETTING NIGERIA The Dark Side of Virtual Betting 1 week ago Szarlot BETTING Growing Popularity of Horse Racing 1 week ago Szarlot BETTING NIGERIA How to Watch the African Cup of Nations? 1 week ago Samuel BETTING NIGERIA The innovative Melbetapk.com betting app 1 week ago Szarlot 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.