Tag Archives: Kenya

Martin Lycka – Torn souls of the great regulatory game

GVC Holdings’ Director of Regulatory Affairs Martin Lycka offers an insight into the lives of the gambling industry’s regulatory experts.  _________  ‘Hic sunt leones’ –  here are lions, is a phrase used in times gone by to denote unknown territories on maps. At the time of its first visionaries, there would have been no easier task than drawing a regulatory …

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BtoBet refines African SMS payment options with Tola Mobile 

BtoBet has has formed a strategic partnership with Tola Mobile to amplify its payment processing capacities for new and established African betting markets. The partnership is marked as a key strategic directive by BtoBet, as it moves to integrate Tola Mobile’s ‘Wallet API’ system across its tailored African platform, allowing bookmaker partners a greater depth of localised payment solutions. Since 2011, …

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Kenya Finance Bill carries tax rescind waiting on Kenyatta approval 

Kenya’s National Assembly has approved the nation’s new Finance Bill, which will terminate Kenyan betting’s controversial 20% excise tax on all gambling wagers.  First introduced during the 2019/2020 fiscal year, the 20% excise tax saw all Kenya Betting Control Board (BCLB) licence holders protest its enforcement as a market killer. The events of a tumultuous 2019 saw several Kenyan licensees …

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Betsson sees strong prospects in disrupted Kenya

Betsson AB has confirmed its intention to enter the Kenyan sports betting marketplace after starting a joint venture with Bet High Ltd. Yesterday, Kenyan media reported that Betsson’s flagship sportsbook subsidiary Betsafe had replaced blacklisted SportPesa as shirt sponsor of KPL football clubs Gor Mahia and AFC Leopards. Betsafe is yet to register its Kenya Betting Control Board (BCLB) licence. …

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Everton cuts ties with SportPesa

Premier League football club Everton FC has issued a statement confirming that it has mutually ended its shirt sponsorship with Kenyan online betting group SportPesa. On Sunday night, Everton management announced that by mutual consent SportPesa would not fulfil its five-year principal shirt sponsorship agreement, secured in May 2017 as a club-record deal for The Toffees. In its statement, Everton …

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SBC’s Year In Review: October’s big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world.  This tenth edition looks at October and more specifically at Digitain targetting the ‘Netflix Experience’, the lessons to be learnt from SportPesa’s Kenyan withdrawal, the doubts surrounding the IRP tennis data findings and the ‘once in …

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SBC’s Year In Review: July’s big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world.  This seventh edition looks at July and more specifically at the Kenyan market, the product journey of BetBlocker, Brazil’s sports betting potential and Regulus Partners’ review of UK betting consequences. Winning Post – Kenya bringing …

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SportsPesa and Betin cease Kenyan operations following tax increase

“Severe consequences” are on the horizon for Kenya’s sporting sector and betting revenue following the announcement that both SportsPesa and Betin will cease operations within the country.  The move follows on from a lengthy standoff with the Kenyan government regarding a change to a legal bill which saw a 20% tax increase on game, betting, and lottery winnings. SportsPesa released …

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Kenyan BCLB reinstates Betway’s licence after 20% tax introduction

The Kenyan regulator has decided to reinstate Betway’s operator licence after the bookmaker had agreed to introduce a controversial 20% tax on sports betting winnings. Kenya’s Betting Control and Licensing Board (BCLB) announced the tax this week, and has since reinstated Betway’s licence after a month-long absence from then Kenyan market. Previously, the 20% tax was only applicable to the …

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SportPesa blow as Nairobi High Court denies licence renewal

SportPesa has lost its Nairobi High Court appeal in relation to the bookmaker overturning its licence restrictions sanctioned by Kenya’s Betting Control & Licensing Board’s (BCLB) this July. The bookmaker at the forefront of the Kenyan government’s betting industry dispute related to unpaid taxes on player winnings had moved to challenge the BCLB’s decision not to renew its operator licence, …

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