BETTING KENYA The double-edged sword of closing betting companies in Kenya 3 years ago Samuel Post Views: 544 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 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 1 week 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.