Giant sports betting firms SportPesa and Betin Kenya have given updates on their current situations amid the government crackdown that has left several betting companies clutching at … Giant sports betting firms SportPesa and Betin Kenya have given updates on their current situations amid the government crackdown that has left several betting companies clutching at straws.
Therefore, all we can do is wait until the matter has been resolved, there is no specific timeline but we will let you know as soon as this matter is over and you are able to deposit and resume playing. | KTN Scoreline This led to some of the leading betting firms in the country, such as Betin and SportPesa closing shop, after failing to obtain new licenses. I’m sorry that you are not able to make your deposit and place your bets at the moment…”“We are in discussions with the government and relevant stakeholders and are positive that we will be back to full operation soon.
Betting firms SportPesa and Betin have halted their operations in Kenya marking what could be the final straw in their long-drawn taxation and regulatory tussle with the Kenyan Government. This is after the Betting Control and Licensing Board (BCLB) canceled 27 company licenses due to failure to meet the government's regulatory requirements on license renewal.The Central Bank of Kenya also weeks notified the banks to halt the provision of banking services to the betting firms that have failed to comply with state regulations. What transpired during Kogalo election? In the future, the entrance will take literally a few seconds.
On Wednesday, Game Yetu contacted the two firms, inquiring on the progress of negotiations and the possibility of them returning to full operations. And while this trend escalates, the customers and fans can only hope that the situation is going to improve the soonest time possible.At the same time, this crisis puts in limbo an industry that was on a progressive roll, putting at risk the jobs of several hundreds of Kenyans who are employed by the betting firms.How long this is going to last is left to be a secret between the firms and the government. African Betting Guide is proud to present you our latest review of one of the best African betting companies in the betting jungle, online sports betting site Betin Kenya. Get 144 $ bonus. SportPesa is working tirelessly to resume full operations.” Reputation It is also very important for you to consider the reputation of the bookmaker you choose to work with – a bookmaker who is well established and has been around for a long time is more likely to have a good reputation than a newcomer.
“We are in discussions with the government and relevant stakeholders and are positive that we will be back to full operation soon. Nation.co.ke brings the Latest News from Kenya, Africa and the World. The new app has a full functionality and allows you to make forecasts for the huge … Aliyekuwa 'Muhammad Ali' wa Kenya, Abdalla Kent augua maradhi ya Basili When looking for a reliable online sports betting platform, you can come across different options, such as Betin, Bet365, 1xbet, and others.If you are interested in checking out Betin, Kenya is where you can do this. It also assured customers that their business was not coming to a close.The firm also published another demographic statement on Tuesday dismissing claims of underage gamblers on its sites. Android users have an advantage as the mobile app is available on Betin offic… The whip also spelled doom to other 20 or more betting firms.Their licenses were withheld, which literally meant a knockout from the business, at least for the time being. Sportpesa and Betin and a flurry of other betting firms halted operations in Kenya in September 2019 protesting the 20% tax. "To date, Betin Kenya has paid all taxes that are legitimately owed as per the Betting and Gaming Act and the Income Tax Act and we currently hold a valid tax compliance certificate confirming the same," it said. On Friday, July 12, telco giant Safaricom deactivated the pay bill numbers of major betting firms operating in Kenya. We regret to inform you that our services are temporarily unavailable due to a suspension of services by key suppliers. But as it has unfolded, a letter appearing to be from the agency was a full testament that indeed there was growing tension between KRA and the betting firms.The letter, from the Domestic Taxes Department Commissioner to the BCLB director Tomkys Kigen, states, “However, we note that the licensees have active cases in court where they have sued the authority over tax recovery measures that were taken to recover the outstanding taxes,”“Currently, there are no ongoing discussions of negotiations between the authority and the listed licensee.”Obviously, this shows that indeed there was a beef between the firms and the Taxman. Get live news and latest stories from Politics, Business, Technology, Sports and more. Sportpesa however indicated that it would make a comeback to Kenya if the law was ever to be reversed. Betin Kenya domain name has been deleted, the website cannot be accessed by anybody. Nairobi News is the most trusted website in Kenya that provides the latest breaking news, entertainment news, sports news, showbiz and celebrity stories. We regret to inform you that our services are temporarily unavailable due to a suspension of services by key suppliers.
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