BETTING KENYA Kenya – SportPesa fires 400 employees 4 years ago Iwo Bulski Post Views: 1,061 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Tags: Kenya, SportPesa Continue Reading Previous The future of betting in KenyaNext Video games in Kenya are becoming outdated More Stories EXPERTS KENYA Ministries, State Departments to cut expenditure by 10 per cent 14 hours ago Szarlot BETTING KENYA SportPesa Kenya mobile betting app: Get a new experience 16 hours ago Szarlot BETTING NIGERIA Nigeria bans multiple operators 16 hours ago Szarlot EXPERTS KENYA KRA Online Auction Opens Bidding Process To All Taxpayers 16 hours ago Samuel BETTING TANZANIA SportPesa plays a crucial role in turning boxing a money-making business 3 days ago Samuel BETTING KENYA Betwinner Expands Sport Betting Options to Over 45 Sports 3 days ago Samuel HISTORY KENYA Sports in Africa: A Tapestry of Culture, History, Identity 3 days ago Samuel BETTING KENYA Nairobi Businessman Wins KSh 2m SportPesa Jackpot 6 days ago Samuel BETTING SOUTH AFRICA Pariplay® set for rapid South African expansion following Bet Network deal 6 days ago Samuel BETTING UGANDA Bookmakers in Uganda: Which Sites Offer the Fastest Payouts? 7 days ago Samuel BETTING NIGERIA Nigeria’s Portable Becomes LuckyBet Brand Ambassador 7 days ago Szarlot BETTING NIGERIA Eguavoen, Amokachi laud sponsor of grassroots football tourney 7 days ago Iwo Bulski 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.