Setting up a Betting company in Kenya is an elaborate process that requires experience and patience. The betting industry in Kenya is licensed and regulated by the Betting Control and Licensing Board (BCLB)
Public gaming in Kenya refers to casinos and the gaming such as.
In order to apply for a gaming or betting license in Kenya, you first need to identity the nature of Betting and gaming license you seek. This are the general requirements.
The gaming and Gambling industry in Kenya has grown with leaps and bounds and is very popular with sports betting, on-site casinos and Online gambling. Making it a lucrative Business with a huge market and hence alot of investors keen to jump into that space.
The licensing procedure in long and hectic. But do not worry, Biz Brokers Kenya has over 14 years experience in processing, applications, registration and licensing of gambling and gaming companies.
The categories of betting licenses in Kenya include
Public gaming refers to casinos and the activities carried out therein such as slot machines and table games and includes on site and virtual gaming.
This is a public lottery conducted for a specific charitable purpose by a registered institution or organization for a period of 3 months. The public takes part in lotteries by buying raffle or lottery tickets, draws are conducted to determine the winners who are awarded with prizes.
Public Lotteries are conducted by registered institutions or organizations to raise funds for charitable purposes under section 36 of the Act and must be for a charitable cause that is on-going. The long-term public runs for a period of one year or more. The public takes part in lotteries by buying raffle or lottery tickets, draws are conducted to determine the winners who are awarded prizes.
A bookmaker in this case implies sports betting, pool betting schemes and Totalizators. A bookmaker facilitates gambling most commonly on sporting events like football. A bookmaker accepts and pays off bets on sporting and other events at agreed-upon odds.
This is a form of betting where participants compete by predicting the outcome of sporting events such as horse racing or football. The winners paid based on the amount of money they played. An organization markets itself by giving prizes to those who participate in its activities to boost its sales.
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