SportPesa

SportPesa
Private
Industry Online gambling
Founded 2014
Headquarters Nairobi, Kenya
Services Online betting
Owner Pevans East Africa Limited
Website https://www.sportpesa.com/

SportPesa, is a Kenya-based sports betting website[1] owned and operated by Pevans East Africa Limited.[2] The website is licensed by the BCLB (Betting Control and Licensing Board of Kenya) under the Betting, Lotteries and Gaming Act.[3]

Sponsorship

On 6 August 2015, SportPesa gained the naming rights to the Kenyan Premier League (KPL), signing a four-and-a-half-year deal with the KPL worth Ksh. 450 million (approx. US$4.36 million, £2.84 million or €3.87 million) to rename the league to the SportPesa Premier League.[4] As part of the sponsorship, a new trophy was revealed by SportPesa and the KPL on 30 October 2015. The trophy was manufactured in Italy, weighs 12 kg (26 lb) and is made of brass.[5]

On 30 June 2016, SportPesa signed a 5-year partnership with Football Kenya Federation (FKF) as the Federation's official betting partner. This deal made SportPesa the first official partners of FKF. [6]

On 6 February 2016, Arsenal Football Club announced SportPesa as its Official Betting Partner in Kenya.[7] The deal involved Arsenal sending coaches to hold training camps in Kenya.

On 25 July 2016, SportPesa announced a three-year sponsorship deal with UK football club Hull City.[8] This deal made history as it was the first time a Kenyan company was sponsoring a Premier League team. The deal is the largest in the club's history.[9] Later the same day, Hull City displayed its new home kit with black and amber vertical stripes, complemented by black shorts and amber socks.[10]

In addition to sponsorship, SportPesa also committed to upgrading City Stadium at a cost of Sh100 million (approx. US$1 million). This was due to the poor state of the stadium.[11]

Ownership

As of July 2016, the shareholders of Pevans East Africa Limited, that runs SportPesa, were:[12]

Pevans East Africa Limited Stock Ownership
Rank Name of OwnerPercentage Ownersh
1 Gene Grand 21
2 Guerassim Nikolov 21
3 Asenath Wachera Maina 21
4 Paul Wanderi Ndung'u 17
5 Ronald Kamwiko Karauri 6
6 Godfrey Sakwa 5
7 Valentina Nikolaeva Mineva 3
8 Robert Wanyoike Macharia 3
9 Ivan Kalpakchiev 2
10 Francis Waweru Kiarie 1
Total100

References

  1. ↑ Ochieng, Erick (3 February 2014). "Local fans to bet as new sports lottery is launched". East African Standard. Standard Media Group. Retrieved 31 July 2016.
  2. ↑ "Pevans East Africa Limited". Retrieved 31 July 2016.
  3. ↑ "SportPesa Homepage". Retrieved 31 July 2016.
  4. ↑ "SportPesa are new sponsors of Kenyan Premier League". Goal.com. 6 August 2015. Retrieved 9 October 2015.
  5. ↑ "New SportPesa Premier League trophy unveiled". Kenyan Premier League. 30 October 2015. Retrieved 31 October 2015.
  6. ↑ "FKF unveils Sportpesa as official sponsor/partner". Retrieved 21 July 2016.
  7. ↑ "Arsenal announce new partner in Kenya". Arsenal Football Club. 6 February 2016. Retrieved 31 July 2016.
  8. ↑ Aglionby, John (25 July 2016). "Kenya's SportPesa signs sponsorship deal with Hull City". Financial Times. The Financial Times Limited. Retrieved 31 July 2016.
  9. ↑ "Tigers Announce New Official Sponsor". Hull City A.F.C. 25 July 2016. Retrieved 25 July 2016.
  10. ↑ "Tigers Reveal 2016/17 Home Strip". Hull City A.F.C. 25 July 2016. Retrieved 25 July 2016.
  11. ↑ Otieno, O (5 March 2016). "REVEALED: Betting Company to renovate City Stadium". Goal.com. Retrieved 31 July 2016.
  12. ↑ HERBLING, David (29 July 2016). "The multinational club of millionaires behind SportPesa". Business Daily Africa. Nation Media Group. Retrieved 31 July 2016.
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