Betlion was incorporated in Kenya in 2018 and since then it has been operational. However, Kenyans are interested to know who owns Betlion, the company with the most expensive jackpot in Kenya. Well, Betlion is registered under Zumandu Limited which is associated with Lee Nyachae and British betting tycoon Victor Chandle
Lee Nyachae belongs to the family of former powerful minister Simon nyachae. The current Interior CS worked for Nyachae as his PA before joining the NGO sector where he was poached from to take up a ministerial position. Initially, he worked as the Information CS before joining the education ministry and finally as the CS for Interior Ministry.
Betlion has more than 3 shareholders. The company came with Ksh 350 million jackpot but it has not managed to convince Kenyans since its bonuses are discouraging. The company was among the 7 betting companies that survived after the Interior CS ordered for the closure of 27 paybill numbers belonging to major betting companies. Other companies that survived include Shabiki which belongs to SK Macharia, Odibets which belongs to Jimmy Kibaki and Mcheza that belongs to Julie Gichuru.