Connect with us

Hi, what are you looking for?

News

Excitement as Sportpesa Plots Major Comeback

SPORTPESA.
SPORTPESA.

(KDRTV) – Giant betting firm Sportpesa has relaunched its website, hinting at a possible comeback in the nearby future.

The website has been offline since the firm’s decision to exit the Kenyan market in September last year over a taxation row with the government.

The firm protested the government’s move to impose a five per cent withholding tax on all bets placed. In a statement, it said that “the tax is based on a fundamental misunderstanding by the (former Treasury CS Henry) Rotich-led treasury of how revenue generation works in the bookmaker industry. This decision will have a damaging impact on both customers and treasury.”

However, it seems like the firm is plotting to make a comeback to the Kenyan market with or without the changes that they had protested.

Currently, Sportpesa does not accept Kenyan punters to place bets or make deposits.

“Due to regulatory restrictions, we are currently unable to accept deposits from customers in your jurisdiction. We are working on resolving this promptly and will be in touch with you as soon as possible,” the company said in a statement to Kenyan punters who try to deposit to the website.

Read Also: Kenyan Youth Flood Ugandan Betting Shops After Sportpesa Closure

After suspending its Kenyan operations, Sportpesa cancelled all its sponsorships with local sporting teams.

The firm was the main sponsor of the Kenya Premier League (KPL). It also sponsored Gor Mahia and AFC Leopards. Boxer Fatuma Zarika also benefited from the firm.

Several KPL teams have forfeited matches over lack of funds to honour them. Gor has not paid its players for months due to lack of money, while AFC Leopards has been depending on donations from their fans to honour matches.

Everyone is excited at the possibility of Sportpesa making a comeback.

 

Subscribe to watch latests videos
Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like

Entertainment

(KDRTV) – Popular Citizen TV anchor and presenter, Lilian Muli recently posted her throwback photo. The photo ended up giving her fans a reason...

News

(KDRTV) – The whole country switches its attention to the fast-growing Kisii Town for the 57th Mashujaa Day celebrations on Tuesday. All hotels have...

News

(KDRTV) – In October 2018, Migori Governor Okoth Obado told detectives that he was with Mama Ida Odinga, the spouse of ODM leader Raila...

News

(KDRTV)-A section of Kikuyu elders has disowned the group of elders who visited Raila Odinga`s Rural home The gorup of elders who were “Kiama...