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UK-Backed Sports Betting Firm Set to Shake Up Kenyan Market

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Nyakundi Report

Newsroom 2 min read

This archive report was first published on 6 August 2020.

Kenya's sports betting scene is on the cusp of a major transformation with the impending entry of a new player backed by British billionaires.

Triple 5bet, which has received the green light from the Betting Control and Licensing Board (BCLB), is set to revolutionize the industry with its international gaming experience.

According to Triple 5bet's Operations Manager, Jack Spencer, the company has partnered with one of the largest betting outlets in the UK, which will be unveiled during the launch.

Some of the top UK betting companies include 888 Sports, Unibet, and Hopa.

With the backing of deep-pocketed investors, Triple 5bet is poised to bring a gaming experience never seen before in Kenya, including the largest ever jackpot payout.

“It could be anywhere in the range of Ksh100 million to Ksh500 million,” revealed Mr Spencer, citing the potential jackpot payout.

For context, a roof repair man in the UK won nearly Ksh300 million in 2001 after placing a Ksh1.50 bet in an English Premier League match.

Triple 5bet aims to bring this international gaming experience to Kenya through its vast array of sports, top-quality odds, amazing free bets, virtual games, and live gaming.

The company will also offer the latest sporting news and cutting-edge pre-match and post-match analysis to equip punters with relevant information for placing winning bets.

Furthermore, Triple 5bet's UK partners are already in talks with various sporting teams in the country on possibilities of sponsorship.

“Our focus is mainly on teams at the grassroots level. Our motive is to hone sporting talent. This will potentially accord young sportspeople a path to livelihood as well as bring sporting glory to the country,” says Mr Spencer.

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