KENYA ONLINE Kenya to amend gaming bill through Safaricom m-pesa 3 years ago Samuel Post Views: 651 The 2019 Gaming Bill has been revised by the Kenya’s National Assembly to include mobile money services as an accepted form of payment by gaming operators. Previously, the bill explicitly listed credit/debit cards, electronic bank transfers as permitted modes of payments, banning mobile money and cash transactions. The new decision is further showcasing the popularity of mobile money services in Kenya with about 58 million mobile money subscribers. However, the Kenyan parliament is also thinking of banning credit/debit card modes of payment for gaming operators. This is criticised as a strategic move by the Kenyan government as it holds 35% shares in Safaricom, the owner of M-Pesa which possess 99% of the Kenyan mobile money market. Thus, by promoting mobile money and prohibiting other forms of payment in the 3rd largest gambling market in Africa, it will be indirectly beneficial raising the stakes of the government in the billion-dollar market. Another amendment rendered by the Bill is the increase in minimum betting amount from KSh50 to KSh100. This increase is argued to reduce the interest in gambling and also help to detect unlicensed gaming operators. However, unlicensed gaming operators are always adapting their ways to provide illegal gambling and by freeing the market from illegal gaming operators, the Kenyan government is criticised to be enlarging the market opportunity for mobile money payment. Source: nextvafrica.com About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: Kenya, M-pesa, mobile money, Safaricom Continue Reading Previous Zambia is turning to hot-spot for iGaming Sector in AfricaNext BetGames.TV partners with Peermont brand PalaceBet.co.za More Stories ONLINE SOUTH AFRICA SOFTSWISS Unveils South African iGaming Market Overview 5 hours ago Szarlot ONLINE SOUTH AFRICA SA Gaming Offers Premium Live Games 5 hours ago Iwo Bulski BETTING KENYA University student hangs self after losing KSh15,000 school fees to betting 6 hours ago Samuel BETTING KENYA Bangbet Charges Ahead with Renewed Sponsorship for Josiah Kariuki 6 hours ago Samuel ONLINE SOUTH AFRICA Top Betting Sites in South Africa Featuring the Aviator Crash Game 1 day ago Szarlot GAMES ONLINE Pragmatic Play introduces a twist on picture bingo with Animingo 1 day ago Samuel ONLINE SOUTH AFRICA Nolimit City launches in South Africa 2 days ago Samuel ONLINE What Is Blockchain? 2 days ago Szarlot BETTING KENYA Odibets unveils Sh5m sponsorship for Kenya Women 3X3 basketball team 3 days ago Szarlot NIGERIA ONLINE Nigerian crypto fee hike invitation for crypto “big boys” 3 days ago Szarlot EXPERTS KENYA Tappi expands services across Africa beyond Kenya and Nigeria 3 days ago Samuel KENYA ONLINE iGaming’s Global Growth: From Africa to North America 3 days 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.