KENYA Kenia – Future of 19 betting firms now depends on security vetting 4 years ago Iwo Bulski Post Views: 750 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 EXPERTS KENYA President Ruto unveils plan to privatise 35 state companies in Kenya 6 days ago Samuel EXPERTS KENYA Top 10 African payment trends for 2024 7 days ago Samuel BETTING KENYA Kasarani Teams Get Sh5 Million SportPesa Sponsorship 1 week ago Samuel BETTING KENYA Kenya is plotting to steal the shine from gambling craze 1 week ago Szarlot EXPERTS KENYA Kenya’s Gambling Control Bill proposes sweeping changes on sector 2 weeks ago Samuel KENYA ONLINE Man wins in Kenya 76 million KSh in Aviator Game 2 weeks ago Szarlot EXPERTS KENYA Kenyan Gambling Control Bill 2023 Establishes New Regulator and Proposes Reforms 2 weeks ago Szarlot EXPERTS KENYA Kenya Gambling Control Bill 2023 proposes new regulator and sweeping reform 2 weeks ago Samuel BETTING KENYA Betting Basics: A Beginner’s Guide 3 weeks ago Szarlot BETTING KENYA African Sports Betting Success Stories 3 weeks ago Szarlot EXPERTS KENYA KRA eyes real-time collection of digital loan taxes 3 weeks ago Samuel EXPERTS KENYA Gambling Regulations Across Africa and the Middle East 4 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.