Most teams playing the Kenyan Premier League have seen the light of the day due to the betting firms existing in the country.
As much as gambling may seem like a bad habit, you cannot blame the youth. With the high rates of unemployment, finding a source of income is hard. Suspending the licenses of the above list of betting companies in Kenya may lead to more unemployment with effects trickling down to other sectors.
Gambling companies sponsor many sports activities, including local clubs such as Gor Mahia and AFC Leopards. Making the environment tough for betting firms can scare them away stunting the growth of sports.
However, with all these pros, betting companies must comply with the rules of the country to make gambling fair and safe.
Last week, the government announced that it would not renew the licenses of 19 betting companies while also deferring the permits of other eight companies.
These companies are:
Lucky 2 U
World Sports Bet
Millionaire Sports Bet
Kenya Sports Bet
AGB lottery and gaming
The betting sites are currently still operational, despite the government ordering mobile money operators to suspend the Paybill numbers of the gambling companies.
As the government makes laws concerning betting, they should also come up with ways in which they can help the huge percentage of youth who are unemployed or else other social vices might rise up.