Betting firm Betin Kenya has vowed to challenge a government directive blocking its pay bill numbers and SMS codes.
The troubled firm which was named among 27 companies whose operating licenses remain revoked, reassured all its customers their deposits were safe despite the payment system suspension.
“Betin Kenya would like to express its disappointment in the recent actions taken by BCLB with the respect to blocking of our payment systems and would like to assure all customers that there deposits are safe,” the firm stated.
In a statement on Saturday, July 13, Betin insisted it had maintained full tax compliance with the Betting Control and Licensing Board’s regulations.
“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.
Some of the affected included SportPesa, Betway, Betpawa, Dafabet, Elitebet, 1xBet, MozzartBet among others.
SportPesa on its part read malice in the latest onslaught against gaming business terming it prejudicial and aimed at driving away industry players out of the Kenyan market.
“This is the latest in a series of abrupt measures from BCLB that only serve to discourage and disrupt business. The prejudicial process that has been followed by the regulator has the potential to drive the industry underground as well as have far reaching repercussions on the social and economic agenda of the country,” the company said.