KENYA Kenia – Future of 19 betting firms now depends on security vetting 4 years ago Iwo Bulski Post Views: 677 The government has moved in to rein in betting firms after it declined to renew licenses for 19 entities following a rigorous vetting process. The Interior ministry, in a statement released Monday, revealed that the future of the firms, whose identities were not revealed, now depends on further “security vetting on both their operations and directors”. In addition, the ministry also announced it had deferred the renewal of licenses for 13 casinos, six lotteries and eight betting firms. LOSE LICENSES The announcement was made two days after Interior Cabinet Secretary Fred Matiang’i hinted that most betting firms would lose their operating licenses once the vetting process is concluded. Speaking in Kisii on Saturday Dr Matiang’i said that most of the betting firms have not been paying taxes and are to blame for increased idling amongst the youth in the country. In Summary The ministry also announced it had deferred the renewal of licenses for 13 casinos, six lotteries and eight betting firms. Dr Matiang’i said that most of the betting firms have not been paying taxes. He hinted that most betting firms would lose their operating licenses once the vetting process is concluded. Source: nation.co.ke About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: betting, Kenia Continue Reading Previous Kenya orders deportation of 17 foreign directors of betting firmsNext Kenya – following Uganda in banning football betting More Stories KENYA ONLINE Leading Africa’s casino GamePawa launches in Kenya 4 hours ago Szarlot BETTING KENYA Court orders gambling firm to pay former staff Sh12m in terminal dues 5 hours ago Samuel BETTING KENYA Ndungú’s stake in Sportpesa firm risks seizure without pay 1 day ago Szarlot CASINO KENYA Illicit brew, counterfeit goods retrieved in a nationwide police crackdown 1 day ago Samuel EXPERTS KENYA Gamblers Rejoice As Court Scraps Nairobi Law 4 days ago Samuel EXPERTS KENYA Court quashes betting tax, limit on gambling in 5-star hotels 5 days ago Szarlot KENYA ONLINE The State of Gaming and E-sport Space in Africa 6 days ago Samuel EXPERTS KENYA BetEngines launches the first Sportsbook software solution tailor-made for the African market. 2 weeks ago Adeleye Awakan EXPERTS KENYA Ronald Karauri’s Inspiring Journey from Pilot to SportPesa Billionaire 2 weeks ago Szarlot KENYA ONLINE The Rise of Crypto Casinos in Kenya 2 weeks ago Samuel EXPERTS KENYA Betting firms rush to comply with new tax regulations 2 weeks ago Samuel KENYA ONLINE NCC, NLRC collaborate to fight illicit gamers 2 weeks 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.