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Home » Kenya Reinstates Betway’s Gambling License
Kenya Reinstates Betway’s Gambling License
Kenya Reinstates Betway’s Gambling License
Africa

Kenya Reinstates Betway’s Gambling License

Gambling license of online sports betting operator Betway has been reinstated. The betting operator announced Wednesday that Kenya’s gambling regulator Betting Control and Licensing Board (BCLB) has reinstated its license and that now they can offer their online betting products again.

Earlier, amidst a crackdown on betting operators in the country, Kenya suspended licenses of several online gambling operators including Betway. Kenya’s Cabinet Secretary Dr. Fred Matiang’i issued a directive which calls 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.

Betway has been allowed to resume gambling operations in the country only after it has agreed to the revised tax regime which charges a 20 percent tax on the total sum returned to the bettor. Earlier, the tax was calculated only on the actual winnings.

In a statement. Betting operator Betway said that its new tax deduction is “clearly displayed on individual bet slips to ensure transparency and for ease of understanding by the punter.” The company also thanked customers for their “ patience and loyalty to our brand throughout this journey.”

Apart from Betway local operator Mozzart Bet has also got its license reinstated. Other gambling operators which agreed to the new tax structure from before had their licenses unaffected.

Recently Kenyan President Uhuru Kenyatta has said that he is in for putting a complete ban on gambling in the country.

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Harry Matthew

Harry Matthew

Harry serves as a resident reporter for Casino Buzz. He has been responsible for building the content base and forms the core reporting strategies for the website. Along with reporting, Harry is an amazing baseball player with good record at university level. He can be reached at [email protected]

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