SportPesa brand sold in secret Sh14m deal

SportPesa CEO Ronald Karauri. FILE PHOTO | NMG

The valuable SportPesa gaming brand was sold for £100,000 (Sh14.7 million) in June this year, triggering a fight among the founders of the sports betting platform, the Business Daily can reveal.

Pevans East Africa, the owner of the SportPesa trade mark, signed an agreement on June 2 to transfer the brand to UK-based Sportpesa Global Holdings Limited.

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