M-Bet, the new sports betting company taking Kenyan market by storm
The Kenyan sports betting market just got a new member. An already lucrative venture has now been joined by a new baby, M-Bet.
Capital Gaming Ltd, trading as M-Bet, has a management and team that has had extensive experience in the gaming industry in Tanzania, Uganda, and Zambia.
The company has been incorporated in Kenya, for the purpose of conveniently providing – making available with easy access and interaction to Mobile Betting services to the entire country via Mobile Networks and Electronic Wallet services.
Kenya’s mobile-based sports betting industry has recorded exponential growth aided by the ease of placing bets online or through SMS and paying via mobile money platforms such as M-Pesa.
M-Bet says they have developed an innovative and first of its kind sports betting platform since 2013.
They offer the major football leagues with interactive games and payments through a stable and established electronic wallet system network (M-Pesa).
The company has strategically created a technical structure that allows it to host, monitor and manage the platform where transactions are calculated and verified to communicate to the Mobile Networks systems, and provide easy payments and collections to our clients.
“We have achieved the maximum level of compliance with all the statutory regulations and the support of the biggest Kenyan mobile solution provider, Safaricom,” said Gabriel Ferrer.
M-Bet platforms include a simple and easy to use web website (www.m-bet.co.ke) and a user friendly android app downloaded from the website.
Payments through pay bill number 298888 and winners will be able to withdraw without any charges.
They have a daily jackpot if you place 12 correct predictions for as low as Sh50. The company will soon be launching virtual games.