SportPesa owners take hit as firm closes Kenya office

Sportpesa CEO Ronald Karauri. FILE PHOTO | NMG

Wealthy and influential investors behind SportPesa are the biggest casualties from the closure of the sports betting platform that was estimated to generate about Sh100 billion in annual sales.

SportPesa on Wednesday declared its 362 workers redundant after a prolonged tax standoff with the Kenya Revenue Authority (KRA), setting stage for its Kenya exit.

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Note: The results are not exact but very close to the actual.