New Betting Company Focussed on Replacing SportPesa and Betin

Betting, SportPesa, Sahihi Bet, Safaricom Paybills, SportPesa

Embattled betting firm SportPesa has sent home all its 400 employees in the aftermath of its lost battle with the government over renewal of its license.

Even as the new development is coming through, another betting site Neptune Bet has come through and is focussing on the customer base SportPesa and Betin has left, Jambo Bet is slowly taking over Betin Shops across the country and another has come up with a super bonus and a cashout plan which endears it to the general public.

SportPesa Chief Executive Officer Ronald Karauri disclosed the decision to lay off all workers to staff members in a meeting called earlier on Wednesday.

The decision to fire the employees comes days after the firm announced the termination of its operations in Kenya in a move that marked an end to the long-drawn taxation battle with the government.

The betting firm which operates in Kenya as the Pevans East Africa Limited ran into trouble with the law alongside 27 others at the end of July as the Ministry of Interior moved to purge the gambling firms over outstanding tax arrears.

The tax in question related to the remittance of withheld customer winnings even as the firm joined rival Betin in protesting the claim in court before the quashing of the suit at the end of August.

Additionally, SportPesa has been in protest of the recently proposed tax on customer stakes by the National Treasury in amendments contained in the 2019 Finance Act which currently awaits presidential accent.

Nevertheless, SportPesa had held out for the renewal of license by the Betting Control and Licensing Board (BCLB) following a nod from the Kenya Revenue Authority (KRA) on September 3.

Even so, the optimism seemingly fizzled out as the firm failed to garner backing from the BCLB in its license renewal application.

Likewise,rival- Betin ceased operations at the end of September, sending home all its staff.

Though the government wanted to reduce gambling activities in the country, BCLB has even licences to more than 40 new betting companies which are battling for the share of the Sh100 billion per year industry.

Therer are also top prediction sites coming up with Sahihi Bet being the most likely go to site for every person keen on making daily, weekly or monthly profits from betting. Its plans which cost 250 shillings a day, 1000 shillings a week and 3500 shillings a month can be able to earn one a profit of up to 1500 on a daily basis from a stake of Sh100.

Sahihi Bet sends subscribers winning slips via SMS and allows them to enjoy the win in an exclusive Telegram channel immediately upon payment of the subscription fees.

Just last week, a subscriber won Sh10 million in Mozzart Bet after using Sahihi Bet running betslip of 26 games and placing 270 shillings as stake. He acquired the one week running bet at 3500 shillings only.

Kindly note that all payment is made via MPESA to 0792862269. You can also opt for an account management plan which earns you a profit of 1000 shillings each day at a cost of 2000 shillings a week. Payment is sent directly to MPesa number 0792862269. You can also reach out to Sahihi Bet via Calls or SMS to 0758271865.

Kindly ensure that you bet responsibly.



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