BETTING KENYA The double-edged sword of closing betting companies in Kenya 4 years ago Samuel Post Views: 681 Recently, Kenyans have witnessed major betting companies closing shop in Kenya. SportPesa laid off 400 employees as it closed its operations in Kenya. Thousands more lost their jobs when Betin quit operating in Kenya. However, the exit of the betting companies means doom for Kenyan sports, especially soccer. Sportspesa was a significant sponsor of Kenya Premier League, and with the exit of the sponsors, KPL faces a blurred future. For a long time, sports gambling was a menace in Kenya, especially among the youth. Therefore, it was a relief when the betting companies stopped operating in Kenya. However, the exit of the betting companies means doom for Kenyan sports, especially soccer. Sportspesa was a significant sponsor of Kenya Premier League, and with the exit of the sponsors, KPL faces a blurred future. Fatuma Zarika, the best female boxer in Kenya, lost her world title in Mexico. Zarika said that she was frustrated at how the government abandoned her after Sportspesa quit sponsoring her matches. According to Zarika, negligence from the government contributed to her loss. Indeed, Kenyans have lost a great deal since the closure of the giant sports betting companies in Kenya. Thousands of Kenyan youths are currently jobless while sports in Kenya face a blurred future after major sponsors withdraw their support. Source: standardmedia.co.ke 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: Fatuma Zarika, sponsoring, SportPesa Continue Reading Previous Kenya: Betting woes could play Russian roulette on M-Pesa revenuesNext Fast Track enters African market with Parimatch deal More Stories BETTING KENYA Magical Kenya Open Tips 2024 8 hours ago Szarlot BETTING ZAMBIA Jai Chilufya: «My hand is stronger than ever before» 8 hours ago Tools BETTING TANZANIA Tanzania and the growth of the sports betting market 1 day ago Samuel BETTING NIGERIA Navigating Regulatory Challenges and Seizing Opportunities in African Sports Betting 2 days ago Tools BETTING HOT NEWS KENYA Sports betting comes to X (Twitter), but not yet live in Kenya 2 days ago Samuel BETTING NIGERIA Stakers reject Reps’ move to stop sports betting 2 days ago Szarlot BETTING NIGERIA Bet Naija attendant, friend arraigned for allegedly stealing N16.7m 1 week ago Szarlot BETTING GHANA Soccabet And The Ghanaian Youth 1 week ago Szarlot BETTING SOUTH AFRICA FSB and SuperSportBet unveil partnership for tailored South African content 1 week ago Samuel BETTING UGANDA Ugandan BetPawa Customer Wins Shs 397m 1 week ago Samuel BETTING KENYA Research reports the rise of betting addiction in Kenyan youths 1 week ago Szarlot BETTING UGANDA The Bangbet and StarTimes Alliance 2 weeks ago Samuel 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.