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Nairobi energizes iGaming discourse as Gaming Tech Summit Africa 2024 wraps up Events and exhibits KenyaThe Gaming Tech Summit Africa 2024 took place on June 4th and 5th this year, offering a platform for iGaming operators to engage with regulators and providers in Africa. The summit covered various topics including responsible gambling, the future of the iGaming industry in Africa, balancing economic gains with the negative impacts of gambling, industry-wide regulations and trends, fraud prevention...June 13, 2024 -
SportPesa donates KES 2 million to Kenya Rugby Legends for friendly match against Uganda Kenya Sports bettingAccording to a report by LOLWE TV KENYA on YouTube, betting company SportPesa has affirmed its partnership with Kenya's Rugby Legends in a deal that will see the celebrated roster of former top-flight players receive KES 2 million in sponsorship support towards their doubleheader against their counterparts from Uganda.May 25, 2024 -
Kenya Senate postpones voting on Gambling Control Bill 2023 Regulation KenyaThe proceedings of the Kenyan Senate, held on May 16, 2024 and broadcast on YouTube, have once again postponed the vote on the Gambling Control Bill 2023 with amendments, a major piece of legislation aimed at regulating the country's gambling industry.May 18, 2024 -
Kenyan government implements 20% excise tax on betting stakes in the Finance Bill 2024 Regulation KenyaKenyans will pay the government 20 shillings from every 100 shillings staked in sports betting, gaming and lotteries. This is a requirement in the Treasury's Finance Bill 2024, the text of which became known the previous day.May 12, 2024 -
Kenya's gambling regulator urges betting companies to renew licenses Regulation KenyaThe Betting Control and Licensing Board (BCLB) of Kenya has called on all betting and gambling companies to apply for the renewal of their licenses for the financial year 2024/25, as reported by Citizen TV Kenya on YouTube.May 9, 2024 -
Kenyan government collaborates with consultant to review cryptocurrency regulations Cryptocurrencies KenyaIn a significant shift from the Central Bank of Kenya's previous stance on digital currencies, the Kenyan government has welcomed a consultant to reassess the cryptocurrency landscape. President William Ruto announced that Marathon Digital Holdings has been engaged to consult with the National Treasury and Energy Ministry on the matter.May 6, 2024 -
Kenya sets up multy-agency group to regulate cryptocurrencies and digital assets Cryptocurrencies KenyaKenya is establishing a multy-agency group to oversee cryptocurrencies and digital assets, as announced by Njuguna Ndungu, the National Treasury Cabinet Secretary. This move comes in response to the rise of virtual asset trading and online investment scams, prompting warnings from the Central Bank of Kenya (CBK) and other financial regulators against unlicensed financial products and services.April 23, 2024 -
In Kenya court orders Betika to pay Sh500,000 jackpot prize KenyaIn Kenya, Betika, a betting company, lost an appeal challenging a court order to pay its client $500,000 for a winning jackpot bet.April 1, 2024 -
1Stop Translations and Suss Ads unveil strategic alliance for African market expansion KenyaItaly-based 1Stop Translations has formed a strategic alliance with Suss Ads, a Nairobi-based marketing and communication agency, to enhance their services in the African market. This partnership aims to support the growth of iGaming, sports betting, fintech, and legal sectors by offering comprehensive solutions including translation, localization, content writing, SEO optimization, and social med...March 31, 2024 -
Odibets sponsors Kenya Women 3X3 Basketball Team with Ksh 5 Million KenyaIn a significant move towards supporting women in sports, Odibets Kenya's Odimtaani Foundation has announced a generous sponsorship of Ksh 5 million for the Kenya Women 3X3 Basketball Team. This sponsorship underscores the organization's dedication to empowering female athletes and promoting gender equality in sports.March 22, 2024
