SportPesa, one of the top online betting operators in Kenya has been allowed to resume operations in the country.
Earlier in July, Kenya did not renew the sports betting licenses of top online gambling operators including SportPesa, Betin, and Betway.
Kenya’s Cabinet Secretary Dr. Fred Matiang’i issued a directive which called for vetting of betting companies and gambling establishments in the country.
Following the new directive, the country’s Betting Control and Licensing Board suspended the renewal of operational licenses for 19 betting companies. These gambling companies have to get clearance after the security vetting of their premises and other aspects of their operation.
SportPesa announced the relaunch in a statement, explaining, “Sportpesa has been engaging stakeholders on the current licensing issue. Our sessions with regulators and government are targeted towards creating a better understanding of the gaming industry with the view of creating a shared perspective on related regulation, including tax administration.
“There has been notable progress in these sessions and we are pleased to announce that Kenya Revenue Authority has now cleared us to have our license renewed. SportPesa is confident that these processes will be completed soon allowing the company to resume full operations.”
SportPesa, Betin, and Betway have an 85 percent share of Kenya’s sports betting market.
Before SportPesa, last week, sports betting license of another online gambling operator Betway was reinstated by the Kenyan Government.