The Government has closed Paybill numbers of 22 betting firms after they failed to comply with the new taxx regulations.
The government directed all telcos operating in Kenya – Safaricom, Airtel and Telkom, to close Paybill numbers as well as SMS codes used by these gambling giants.
Among the victims are SportPesa and Betin, which control over 85% of the market share.
According to CS Matiang’i, President Uhuru Kenyatta gave the greenlight for them to deal with rogue gambling industry.
“The presidency has given us the green light to deal with the industry of gambling that is now turning into rogue outfits. Our decision is going to shake the sector for sure, but we have to save our country” Matiang’i said.
“Our country has to learn how to live truthfully.. Otherwise are we going to tell our children that there’s no reason to work hard because you can just spend Sh20 and become a millionaire?”he added.
The 22 betting firms whose licenses have been suspended are:
- Lucky 2 U
- 1X Bet
- Dafa bet
- World Sport Bet
- Atari Gaming
- Palmsbet and Betboss
- Millionaire Sports Bet
- Kick Off
- Kenya Sports Bet
Time will tell what impact this action will have on the gamblig firms and industry in Kenya.