Sports betting firm Betika has been suspended in Ethiopia amid revelations that gambling firms hid over Sh83.5 billion revenue, triggering arrests and a crackdown that echoes a clampdown witnessed in Kenya six years ago.
Ethiopian authorities suspended the licenses of 22 betting companies, including Betika, in the wake of a multi-agency surveillance operation involving the National Intelligence and Security Service, the Financial Security Service, and the Ethiopian Federal Police.
