Tag Archives: SportPesa

Kenya provides amnesty to bookmakers lowering tax rate to 7.5%

The fate of Kenya’s sports betting industry has been revived following President Uhuru Kenyatta’s signature of a 7.5% tax on gambling wagers. The tax measure was contained within the Kenyan Revenue Authority’s (KRA) revised ‘Finance 2021 Bill’, which saw the government modify its federal taxes on gambling and telecom sectors. Securing its presidential approval, the KRA has agreed to lower …

Read More »

Kenyan betting awaits Treasury judgement on wagering tax future

Kenya’s sports betting sector awaits a critical judgement on whether the National Treasury will restore its controversial 20% blanket tax across all wagering verticals.  The tax proposal has been submitted to be considered as a directive of Kenya’s 2021/2022 National Budget, the final amendments of which are currently being reviewed by Treasury Secretary Ukur Yattani. Yattani will present the National …

Read More »

SportPesa in regulatory limbo as Kenyan Judiciary’s rejects Pevans re-licensing appeal

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 …

Read More »

SBC Digital Italy: Operators must become ‘more than a betting brand’

Navigating the restrictions of the Italian market has proved challenging for operators amid a ban on gambling advertising. However, betting companies have begun to place increased emphasis on consumer engagement and remarketing as ‘media brands’. In July 2019, the Italian communications authority introduced the Dignity Decree which prohibited all sports leagues and clubs from promoting or advertising gambling-related brands. Discussing …

Read More »

January to February 2020 in Review: New year sees betting accept its new duties

SBC recounts the events of an unprecedented and relentless 2020, an unforgettable year that has disrupted all betting components and relationships… SBC – Spain cracks the whip as betting leadership accepts wider responsibility remits European online gambling leadership was given no grace period to ease into a new decade of regulatory complexities, as a newly formed Spanish coalition government signed …

Read More »

Betting companies in Kenya face competition as Betsafe move in

Kenya

It wasn’t long before the gap left by SportPesa in Kenya was filled by a number of international sites that look set to dominate the country’s betting landscape, writes Adam Grimshaw, who manages Leadstar Media affiliate brand BetBlazers.com. With the Kenyan-born betting site SportPesa barred from trading in the country since a dispute with the government and the Betting Control …

Read More »

Rome TAR court upholds operator appeals on ‘denied extensions’

Italian online gambling incumbents have received some welcome news as Rome’s Lazio TAR Administrative Court sides with Betway, Sportpesa, Nexigames and Snaitech in their appeals against Italy’s ADM Customs and Monopolies Agency. The operators had lodged separate TAR appeals against the ADM, as the regulatory body had failed to provide assurances that they would be able to reapply for licensing extensions. …

Read More »

BCLB order spoils SportPesa Kenyan relaunch  

SportPesa’s return to its home market of Kenya has been impeded following a licence suspension authorised by Kenya’s Betting Control & Licensing Board (BCLB).  Following a year-long hiatus from Kenya’s sports betting market, SportPesa intended to relaunch its betting services this weekend under a licence held by new operating firm ‘Milestone Bet’. Prior to its planned re-launch, SportPesa CEO Ronald …

Read More »

Turning behaviour into revenue: Xtremepush bangs the drum for smarter player engagement

tech stack

Operators could – and should – be putting their customer data to more effective use, believes Victor Sevciuc, Head of Sales for Sports Betting and Gaming at Xtremepush.   He was speaking to us ahead of an upcoming Xtremepush webinar which will be hosted by SBC on Thursday 29 October, entitled ‘Turning player behaviour into revenue: Building an omnichannel approach to …

Read More »

Foreign operators seek ADM reassurances on licensing extensions

Italy’s ADM customs and monopolies agency faces a series of legal battles with foreign-based online gambling operators unless Italy’s government provides reassurances to operators allowing for licence extensions.  Confusion reigns within Italian igaming, following the Senate’s refusal to review two separate appeals to extend online betting, casino and bingo concessions for a further 18-months up to December 2022.   Legal certainty …

Read More »