Betting and Licensing Board bans use of content creators and celebrities from promoting gambling; prohibits adverts near schools and warns of license revocation for non-compliance.
The government has in the last seven financial years collected a total of Sh96.7 billion in taxes from gambling, with statistics pointing to an increased uptake of betting online over the years.
Betting Control and Licensing Board (BCLB) has warned against a growing number of unlicensed online gambling platforms targeting Kenyan users as sports betting surges across Africa.
The line between investing and gambling has become dangerously blurred. Real investments are built on sound business models, regulatory oversight, and risk disclosure
The betting scourge has led to increased suicide cases, destroyed livelihoods, and caught hundreds of people up in an endless debt cycle.
Betting and Licensing Board orders immediate suspension of all gambling advertisements and testimonials across all media platforms for 30 days, operators to submit their ads to KFCB for review.