Gambling and Sports Betting News Wire - September 30, 2019

Written by:
C Costigan
Published on:

Here are today's headlines in the world of gambling and sports betting as they happen - Monday September 30, 2019.

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Everton FC Sponsor SportPesa Suspends Gambling Operations in Kenya

SportPesa has suspended its Kenya gambling operations following a steep increase in taxation on betting stakes.

Online sports gambling firms such as SportPesa have grown rapidly in the East African nation in recent years, riding a wave of betting interest.

The Kenyan government says the betting industry generated revenues of 204bn shillings (£1.6bn; $2bn) last year.

Parliament has now voted to raise the excise duty on bets, from 10% to 20%.

SportPesa said it was "disappointed" by the move and that it would stop its operations until a "non-hostile regulatory environment" returned. The firm has deactivated its website. It said the new tax comes on top of an existing 20% tax on individual gamblers' winnings.

G911 Goes 2-0 in Week 4 and Books Did Well Too

The books made out like bandits this Sunday with wins on the Bills and Lions covers and an even nicer win by the New Orleans Saints against the Dallas Cowboys. managed to go 2-0, but we're still 2-5 after Week 4. 

Our Free Picks Record September 30

2019 NFL Record: 2-5 (0%)

2019 College Football Record: 2-1 (66.6%)

2019 MLB Record: 26-18-2 (59%) - No Plays Over -160

2018-19 College Basketball Record: 12-9 (57.1%)

2018-19 NBA Record: 7-5 (58%)

2018 MLB Record: 45-35 (56.2%)

2018 NBA Record: 12-4-1 (75%)

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