BETTING KENYA Court freezes new SportPesa licence amid shareholder row 2 weeks ago Szarlot Post Views: 80 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 NIGERIA Online betting tips from MSport – How to ensure security 12 hours ago Samuel BETTING SOUTH AFRICA BetGames marks latest African expansion with Sahara Games 2 days ago Szarlot EXPERTS KENYA Ruto pledges wealth tax on tycoons to fix Kenya’s budget 3 days ago Szarlot BETTING NIGERIA Oyo moves to regulate, improve gaming industry 3 days ago Samuel EXPERTS KENYA Report Reveals Sectors With Highest Digital Fraud Rate in Kenya 6 days ago Samuel BETTING KENYA Betika partners fast track to drive retention in Africa 6 days ago Szarlot BETTING KENYA Ruto: Betting companies are operating in opaque space 7 days ago Samuel BETTING KENYA Sportpesa commits to settle outstanding KothBiro prize money 1 week ago Samuel BETTING KENYA Boxer Fatuma Zarika excited about SportPesa 1 week ago Samuel BETTING NIGERIA Betting Companies And The Question Of Social Responsibility 1 week ago Samuel BETTING NIGERIA Nigerian Online Sports Betting Operator License Requirements 1 week ago Samuel BETTING WORLD NEWS UKGC fines Betway $400,000+ for marketing on children’s pages 2 weeks 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.