BETTING KENYA Kenya – SportPesa fires 400 employees 3 years ago Iwo Bulski Post Views: 932 SportPesa has made good its threat and closed operations in Kenya, in the process rendering about 400 employers jobless. This message was passed over to these employees on Wednesday by the gaming firm’s chief executive Ronald Karauri “I don’t know what to say, but it appears this journey cannot continue. I’m disappointed,” – he is reported to have said. The dispute between SportPesa and the government has been on for three months now ever since the government withdrew licences of 15 betting firms it claimed were not paying taxes as required. Other firms – Betway and Mozzart – were cleared to operate but SportPesa and Betin, considered the firms with the largest market share in the country, couldn’t find their way back. SportPesa’s exit also affects sponsorship deals it had signed with several football entities including Gor Mahia, AFC Leopards, Kenyan Premier League and Football Kenya Federation valued at hundreds of millions of shillings. “It is not possible to operate under the new tax rules. This has become a hostile business environment,” – the company said in a statement. SportPesa also has partnerships with English Premier League sides Everton and Hull City which led to the teams travelling to Kenya to compete in friendlies against local sides Gor Mahia and Kariobangi Sharks. Source: nairobinews.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Tags: Kenya, SportPesa Continue Reading Previous The future of betting in KenyaNext Video games in Kenya are becoming outdated More Stories BETTING KENYA The government should work with the betting industry 6 days ago Iwo Bulski KENYA ONLINE The influencers paid to push hashtags 6 days ago Iwo Bulski BETTING KENYA Eighteen new firms enter booming betting arena 1 week ago Iwo Bulski EXPERTS KENYA Kenya launches AML probe focusing on betting operations 1 week ago Iwo Bulski EXPERTS KENYA Digital scams have hit Kenya’s gambling and travel industry 2 weeks ago Samuel BETTING KENYA Tanzania joins Kenya, Uganda tax squeeze on gamblers’ winnings 2 weeks ago Iwo Bulski BETTING HOT NEWS KENYA BCLB clears 11 betting companies to receive operating licenses 2 weeks ago Samuel BETTING SOUTH AFRICA South African start-up wagers on peer-to-peer betting 2 weeks ago Szarlot BETTING GHANA Betway charts path in compliant sports betting with conferences 2 weeks ago Szarlot BETTING NIGERIA BetConstruct Takes Harmony to Africa 2 weeks ago Iwo Bulski BETTING KENYA Sportpesa’s nine lives in regulatory onslaugh 3 weeks ago Samuel BETTING Types of Basketball Bets 3 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.