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Monday, July 11, 2016

SPORTSPESA POURS IN HUNDREDS OF MILLIONS FOR KENYA RUGBY SPONSORSHIP

Mover over Safaricom, EABL. There is a new sheriff in town. Sports betting platform Sportspesa will announce a deal to sponsor all of Kenyan rugby for the next five years to the tune of Sh1billion.

The deal will see Sportspesa become the sponsor of the popular Kenya Rugby 7s, the fast-rising Rugby 15s, the Women's rugby and the Development of talent.

The deal dwarfs other long-drawn out contracts with local companies that The Kenya Rugby Union has had to engage in.

Sportspesa has recently ramped up its sports marketing presence appearing on Stadia and other  sports related collateral pointing to the billions it is bringing in from bettors.

Some estimates place Sportspesa's weekly revenues before deduction of costs at Sh9billion and rising.

The company will also announce partnerships with the English Premier League where it already has some projects with the popular league's teams.

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