Hawa watu walikuwa wanakafunga sana. Over $25M in net profit per year for 5 years (2014-2018). Internet based businesses hukuwa kali sana juu ya scalability. Nimesoma article they had over 12M customers. Wueh!! Karauri earned over $7.5M in dividends before including his salary as CEO. It’s crazy.
The idiots got greedy and kicked out deep state connected birrionaire Paul Wanderi Ndung’u. Very foolish move. I’m sure today he has a controlling interest in Odi bets, Betika, and/or Mozzartbet, while the fools try hard to revive Sportpesa’s lost glory.
Tax had not been introduced to betting in Kenya then.
I maintain, there was no need to expand Yurop. Wangecheza Africa’s emerging markets. Look at how well they are doing in TZ.
How do you compete na watu wanasponsor EPL mzima, La Liga etc?
I even suspect those established big boys played a part in Sportpesa’s downfall.