SportPesa Cuts 400 Jobs, Warns Of Regulated Market Exodus

Kenyan gambling market-leading operator SportPesa has cut 400 employees and warned the government that the country’s increasingly hostile tax regime will favour foreign and black-market operators.

SportPesa, which announced last week that it would be exiting the Kenyan market, said that it could not afford to continue to pay its employees after spending months without being able to offer gambling services in Kenya.

Kenya's gambling regulator, the Betting Control and Licensing Board (BCLB), blocked SportsPesa’s licence renewal in July along with 27 other operators.

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