Annual sports betting revenues plunged Sh240.7 billion from their peak in 2019 following a government’s policy to clamp down on gambling that triggered the forced exit of Betin Kenya and the temporal closure of SportPesa.
Data from the Betting Control and Licensing Board (BCLB) shows revenues computed from bookmakers and public lotteries fell from a peak of Sh301.3 billion in the year to June 2019 to just Sh60.6 billion in the year to June 2022, reflecting a drop of 79.8 percent.
