FEATURED STORY

SportPesa Inches Closer to Return Before Sports Action Resumes

Share
SportPesa CEO Ronald Karauri at a past event. The company's attempt to return to the Kenyan market under Milestone Games failed after BCLB cancelled Milestone's license.
SportPesa CEO Ronald Karauri at a past event. The company's attempt to return to the Kenyan market under Milestone Games failed after BCLB cancelled Milestone's license.
Share

In the wake of the global pandemic, everyone is so concentrated on COVID-19 that many punters may have missed out on a signal of SportPesa’s comeback.

The betting company, that originated in Kenya, has had its shop closed in Kenya for almost a year now. Just before its exit, SportPesa was the leading betting company in the country with a huge following.

The betting company’s stature did not only surface with its popularity among gamblers but also its effect on sports development in the country. SportPesa was a big player in sports development in the region as it injected money into various sporting projects in East Africa.

With this effect, SportPesa’s exit wounded both the punters and the sports community as a whole. Other betting companies like Betin Kenya also closed shops just about the same time SportPesa did. These betting companies were also pumping money into the sports sector which was hugely affected after the government’s crackdown on betting companies.

According to the betting companies, the government put in place regulations that made it almost impossible to operate profitably. However, some companies remained operational and scrambled for the punters left behind by their competitors.

SportPesa’s Hinted Comeback

Having left the country, SportPesa was not accessible from Kenya. SportPesa loyals were heartbroken when one day they typed in the website’s URL only to find a web error. Betin Kenya’s website was also pulled down in the country.

After their exit, SportPesa has been dropping hints of its possible. The company’s CEO Ronald Karauri once said that SportPesa is free to return once the government changes the regulations that make it difficult for them to operate profitably. However, according to the latest hint, SportPesa might be back regardless of whether regulations are changed or not.

SportPesa’s website is back. Many punters might not have noticed as many stopped trying to log into the site after the company closed its Kenyan shop. The website is now back with minimal changes. Getting back would mean one creates a new account despite having had one previously.

However, punters can not yet place bets on the website. There is minimal sporting action and also the website does not allow deposits yet. However, the company promises to solve the problem sooner rather than later.

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

SportPesa might be cooking up a major return just before football returns. The website is back, SportPesa has never been closer to making a return before.

Statement on SportPesa’s website.
Written by
Kevin Namunwa -

Kevin Namunwa is a senior reporter for Business Today. Email at [email protected].

7 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
2024 SkyTeam Aviation Challenge
FEATURED STORY

Kenya Airways Shortlisted for 2024 SkyTeam Aviation Challenge

Kenya Airways (KQ) is the only African airline that has been shortlisted...

Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...

Geraldine Sande, Channel Sales Leader for Schneider Electric East Africa
FEATURED STORY

How Working With ‘Glocal’ Original Equipment Manufacturers Can Empower East Africa’s Channel Partners For Success

Channel partners in East Africa, including resellers, distributors, system integrators and panel...

Treasury CS John Mbadi
FEATURED STORY

Understanding Tax Amendment Bills: How The New Laws Will Affect Kenyans

The government has announced several amendments to the existing tax laws to...