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Sport betting giant SportPesa is among 97 companies that risk closure after the government failed to renew their licences for the current financial year ending June next year.
In a letter addressed to the head of legal secretarial services of Safaricom, which owns mobile money transfer service M-Pesa, the chairperson of the Betting Control and Licensing Board (BCLB) Cyrus Maina said only three companies had been licensed for the 2022-23 financial year.
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