London seizes Sh2bn SportPesa firm’s assets

Sportpesa CEO Ronald Karauri. FILE PHOTO | NMG

The UK government is set to inherit Sh2 billion worth of assets held by Liverpool-based SPS Sportsoft Limited, a gambling software and support services firm which has the same shareholders as SportPesa.

The company’s biggest client, Kenya-based Pevans East Africa Limited, ceased operations in 2019 after the government declined to renew its operating licence citing billions of shillings in unpaid taxes.

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