Giant Betting Firm Sportpesa has been cleared by KRA awaiting license renewal this bring the end to the 2 month stalemate between the betting firm and the government agencies.
Here is what they posted on their facebook page:
“OFFICIAL UPDATE ON THE ONGOING LICENSING PROCESS
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 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.
We recognise the support of our employees, customers and key stakeholders in this process and will be communicating soon on when we will be commencing operations. As Sportpesa, we reaffirm our commitment to supporting the government’s economic development agenda by operating as a law-abiding business that is committed to tax compliance.
This is good news to gamblers who had abandoned betting waiting for sportpesa to be back.