Sportpesa Cancels All Sports Sponsorship Deals Following Crackdown
SportPesa has cancelled all sports sponsorships following a prolonged battle with the government over tax compliance issues.
“We regrettably wish to announce that due to the uncertainty of this situation SportPesa will be cancelling sports sponsorships effective immediately. All clubs and partners will have received notices as provided for in their contracts,” said Sportpesa in a statement.
The government in July refused to renew Sportpesa’s license and suspended its Paybill numbers, a move that also effected on 27 other firms.
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The firm said these measures have brought immense pressure on the business.
“This despite the existence of a court order prohibiting the regulator from taking such actions. We greatly value our partnerships and we will endeavour to resume support to the best of our ability when the business recovers,” the firm said.
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Other companies that were affected in the move include Betin, Betway, Betpawa, Elitebet, PremierBet, Lucky2u, 1xBet, MozzartBet, Dafabet, World Sports Betting, Atari Gaming, Palms Bet and Betboss.
Others are Kick-Off, Atari, Millionaire Sports Bet, Palmsbet, Chezacash, Betyetu, Bungabet, Cysabet, Saharabet, Easibet, Easleighbet, Sportybet and AGB Lottery & Gaming.
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