BETTING KENYA SportPesa pending license for Pevans East Africa 3 years ago Iwo Bulski Post Views: 799 SportPesa continues to operate without legal certainty in its home market of Kenya, following the Kenyan Judiciary’s rejection of an appeal made by ‘Pevans East Africa’ to reinstate its gambling licence. On Friday, Kenya’s Court of Appeal rejected Pevans injunction against its licence suspension imposed by the Betting Control and Licensing Board (BCLB) in July 2019. Pevans, the former operating company of SportPesa, had stated that BCLB had unfairly suspended its licence in relation to its ongoing high-profile tax dispute with the Kenya Revenue Authority (KRA). It continues to legally challenge KRA’s tax demand of KSH 15 billion (€100m) on player winnings for the period of 2015-2018. Kenya’s Judiciary upheld a 2019 judgement made by Justice John Mativo, which stated that BCLB held the right to suspend Pevans on the grounds that the company had failed to maintain its tax discipline – a core business demand which would require intervention by any industry regulator. Fighting its tax dispute with the KRA, Pevans had withdrawn from its operating contract of SportPesa in July 2019. Following a year under suspension, SportPesa returned to the Kenyan betting market in October 2019 as existing shareholders acquired the licence of Milestone Games Limited to relaunch the brand. However, the BCLB quickly moved to suspend Milestone’s licence, citing that company shareholders who were under investigation had violated its rules to secure a new licence. Milestone and BCLB then entered a new legal battle, in which Nairobi courts have allowed SportPesa a temporary discharge to operate its online gambling services. Furthermore, Kenyan news sources report of an ownership dispute between Pevans shareholders and Milestone in relation to the SportPesa brand as former shareholders maintain that the relaunch of the SportPesa brand was not authorised by the Pevans board. Meanwhile, the KRA is reported to have revised its tax demand on SportPesa, for which it now claims that the company – irrespective of ownership – must now make a commitment of KSH 95 billion (€700m) to settle its outstanding tax liability in order to re-enter the market. Source: sbcnews.co.uk 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, KRA, SportPesa Continue Reading Previous Sports betting in Nigeria – why is it so popular?Next The thrive and rise of sports betting in Nigeria More Stories BETTING KENYA Man Reportedly Takes His Own Life Following Loss to Aviator Gambling 2 hours ago Samuel BETTING NIGERIA BetWinner Director Calls for Clearer Gaming Taxation Laws 2 hours ago Samuel BETTING UGANDA Game2Bet: What are they all about? 3 hours ago Szarlot EXPERTS KENYA Child Online Protection 1 day ago Samuel BETTING UGANDA 1000 Ugandan students drop out annually due to sports betting 2 days ago Szarlot BETTING NIGERIA Three more ambassadors join King Kanu at Sportsbet.io 2 days ago Szarlot BETTING HOT NEWS UGANDA Dear retiree, to pay university fees is to bet on sports 4 days ago Samuel EXPERTS KENYA How SiGMA’s Expansion into Kenya is Reshaping the African Gambling Landscape 4 days ago Szarlot BETTING NIGERIA How Nigerian Sport Promotes Responsible Gambling 4 days ago Szarlot BETTING NIGERIA Charting Nigeria’s online gambling growth amid regulatory battles 4 days ago Samuel BETTING ZAMBIA Formula 1 drives sports betting for African players. 1 week ago Szarlot BETTING SOUTH AFRICA Golden Matrix completes acquisition of MeridanBet Group 1 week 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.