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Billions at stake as State and betting firms dig in over ban

Interior CS Fred Matiang’i inspects a guard of honour mounted by Administration Police officers when he arrived at the National Police College in Embakasi A campus, Nairobi yesterday. (Collins Kweyu, Standard)

The multi-billion shilling betting industry was thrown into a limbo last evening after mobile operators closed down mobile money and SMS short-codes run by the firms.

Safaricom’s suspension of M-Pesa pay bill numbers and SMS short codes for some 27 betting firms among them SportPesa and Betin sparked anxiety in the Sh200 billion industry which has been in a push and pull with the State.

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