Daily news

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    The Kenyan government's struggles with the country's betting and gaming industry will hit mobile network operator Safaricom's revenue, with the contribution from its M-Pesa mobile payments solution set to decline, according to analysts for investment bank Genghis Capital.

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    Paysafe Group has denied allegations from Spotlight Research that it is enabling illegal gambling and capital control evasion in China.

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    Paysafe has agreed to acquire Income Access for C$40 million (€27.4 million/US$30.5 million).

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    Troubled online gaming operator 666Bet has instructed its customers to open an account with third-party online payment provider Skrill in order for the firm to begin processing withdrawals.