Kenya’s Betting Control and Licensing Board (BCLB) has declined to renew the licenses of 19 betting operators as it continues the vetting of their operations and ownership. The BLCB also left a strong warning to erring operators, saying that it “shall not hesitate to debar non-compliant operators in any category.” Aside from the suspension of licenses, the BLCB said it will conduct quarterly reviews to confirm the compliance of operators with Kenya’s tough new gambling law. The licenses of 13 casinos, six lotteries and eight sports betting firms were also not renewed.
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 Every noble work is at first impossible.
—Thomas Carlyle |
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| Times are hard for Kenyan gamblers |
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The Story
Kenya’s Betting Control and Licensing Board (BCLB) has declined to renew the licenses of 19 betting operators as it continues the vetting of their operations and ownership. The BLCB also left a strong warning to erring operators, saying that it “shall not hesitate to debar non-compliant operators in any category.” Aside from the suspension of licenses, the BLCB said it will conduct quarterly reviews to confirm the compliance of operators with Kenya’s tough new gambling law. The licenses of 13 casinos, six lotteries and eight sports betting firms were also not renewed. |
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Global Bet CEO Daniel Grabher joined our Becky Liggero to discuss the explosive growth of virtual sports, which has come a long way from having Nintendo 64 –like graphics.
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CalvinAyre.com’s Rafi Farber dissects why despite record highs in the stock market and record lows in unemployment, the Nevada gambling market is still experiencing the longest recession in its history.
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The Dutch government will implement anti-money laundering measures, which include the banning of cash payments above €3k, abolishing the €500 bank note, and flagging “unusual” bank clients.
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The second edition of ICE Africa, happening on October 2-3 at the Sandton Convention Centre, South Africa, will cement ICE Africa’s status as the main event for the continent’s regulated gaming economies.
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| Congratulations to Tobias Fagerlund for being appointed as the new President and CEO of Global Gaming! Fagerlund has been the company’s acting CEO since April and is a member of the company’s board of directors. |
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