SportPesa Says They Are Not Going Out Of Business Yet

SportPesa Says They Are Not Going Out Of Business Yet

Online sports betting company SportPesa is amongst those whose license has not been renewed as the Kenyan government, in a crackdown on gambling, canceled licenses of 27 gambling operators. It is implied that these gambling companies have failed to meet the Government’s new rules and regulations on license renewal.

Following the cancelation of an operational license, rumors emerged that SportsPesa is now going out of business and will shut shop soon. However, the company has outrightly denied any such news and has also issued a notice to its customers and supporters that they are looking forward to coming up with a solution.

“SportPesa wishes to refute claims that our business is closing down. We are in discussions with the government and relevant stakeholders and are positive that we will be back to full operation soon. Note that any update regarding our business is communicated through our channels,” they posted on Facebook.

Earlier this week, on Tuesday, July 16, it is reported that the betting company has also dragged the government to court over losses incurred due to license cancelation and closing of its business for a certain period.

The company has alleged in the lawsuit that it has not violated any rules and that directive by the government to Safaricom, Airtel and Telkom to suspend its M-Pesa pay bills and SMS shortcodes is unlawful and in contravention of the court order.

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