News Details
Racing Point sponsor SportPesa denies business shutting down
Racing Point's title sponsor SportPesa has refuted any suggestion that it will be forced to close down over the Kenyan government's moves to regulate gambling. Gambling in Kenya has grown into a $2billion industry, allowing companies such as SportPesa to grow rapidly. Article continues under video SportPesa has also moved into sponsorship in other sports, notably football with several English clubs in partnership. However, their business has been put into recent doubt as the Kenyan government has introduced controls on advertising and the ability for bets to be placed on mobile networks. SportPesa insists it will not force a closure, despite business having halted according to local...
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