SPS Sportsoft Limited, the company offering technology support services to SportPesa betting firms, last year reversed its 2020 losses to book a profit of £170,433 (Sh24.6 million) indicating acquisition of new business.
The firm had made a loss of £4.1 million (Sh595 million) in 2020 after its single largest client — Kenya-based Pevans East Africa — ceased operations in 2019 after the government declined to renew its operating licence, citing unpaid taxes in excess of Sh15 billion.
