Home / News / Odibets among list of cleared betting firms by Government to operate in Kenya

Odibets among list of cleared betting firms by Government to operate in Kenya

Betting firms have been on the spot in the recent months after Government crackdown led by Interior CS Fred Matiang’i over tax compliance.

Matiang’i had announced that they would do security vetting on their operations and directors in Kenya before renewing the licenses of the betting firms.

On April, Matiang’i vowed to introduce tough measures to regulate the betting sector, which he accused of leading youth astray.

Image result for sports betting

The CS gave all firms three months up to July 1 to seek fresh renewal of licenses upon proving tax compliance.

Following the deadline, the State shutdown the pay bills of the betting firms in radical measures to ensure toe the line to the new regulations.

Despite the companies moving to court and public outcry even including some leaders, only licenses of about 10 companies were renewed which were deemed to be tax compliant by Kenya Revenue Authority (KRA).

Image result for sports betting

  1. Odibets – The betting firm, deemed as one of the fastest-growing in the country, was among the first one to be cleared by the Government for operations. It even went ahead to implement the 20% withholding tax on their winnings
  • Eazi Bet
  • Ken Bookmakers
  • Eastleighbet
  • Mozzartbet
  • Lucky 2u
  • Palms Bet
  • Bet boss
  • Kick-off
  • Easi bet
  • Image result for odibet paybill number

However, the State has declined to renew the licenses of betting giants Sportpesa and Betin, whose fate still remains unknown.

About Edwin Ochieng

Edwin Ochieng is living true to the calling of Journalism, He is passionate about issues of Business and Politics. Edwin Ochieng is a graduate from St Paul University and East African School of Media Studies (EASMS).

Check Also

Everyday Freshness available on StarTimes GO

Do you prefer shaving from home or having your own shaver while visiting your regular …

WP2Social Auto Publish Powered By : XYZScripts.com
%d bloggers like this: