Who Owns HelaBet?

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23 December, 2023 (updated 15 May, 2024)
5 Minutes to read

What do you know about HelBet? This company has been working since 2015. It has many benefits available for punters, from sports betting to live casino games. Punters can make payments using methods familiar to them, and what is more important, punters trust this bookmaker because of its excellent reputation.

However, it has been recently shattered. If you are interested in learning more information about the HelaBet owner, you are in the right place. 

Brief Review of the Brand

Brief Review of the Brand

Before we move to our main subject, our editorial team would like to tell you a bit about this bookmaker and its platform. It is an African-based company licensed by the local reliable regulator and offers its services to many Kenyan punters.

You can easily register on the platform from your PC or any mobile device because the bookie has a convenient app and a mobile website. Both options are optimized for smaller screens and provide you with a quality gaming experience. In our experience, we can say that HelaBet is one of the best bookmakers available in Kenya. If you are looking for more juicy details, don’t hesitate to read our HelaBet review.

Company Legal Details in Kenya

To prove to you that HelaBet is fully legal, we will leave some of the details here. The company is registered under the laws of Kenya. The Gaming Company is authorized and regulated by the Betting Control and Licensing Board of Kenya under license № 843.

The license allows it to be legit in the country and welcomes its punters who comply with the main principles, such as age, address, mobile phone availability, and other rules. If the company stops maintaining the license conditions, it will be rid of it very soon. However, since the moment of its launch, this brand has nothing but an excellent reputation.

Company’s History Short Review

Talking about this brand led us to its roots. Our editorial team strived to dig deeper, but there is only a drop of information on the Internet. Although even knowing so little, we managed to establish that this brand was created in Kenya. Its origin roots can probably be found in the UK.

We came to that conclusion relying on unfortunate facts about the recent lawsuit from Khubi Solutions Limited company. The company demands to acknowledge the Kenyan betting company’s bankruptcy due to its debt of 55 million Ksh.

Who Owns HelaBet

Finally, we can tell you who owns the HelaBet brand. It belongs to the Cheza Gaming Limited Company, which was launched in 2003, right when the betting platform became available for Kenyan punters.

Cheza Gaming had some interesting collaborations, such as Spiffx. But currently, the company is close to bankruptcy, as all players know from the news.

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Is HelaBet Safe?

HelaBet functions under a proven and reliable license. Moreover, it has never had any data leaks or exposures to other sites. Punters can freely play here, enjoy casino games, and place sports bets. Its encryption technology allows it to keep all financial operations secure and in order.

Conclusions

HelaBet Conclusions

HelaBet is a Kenyan-based company with a long history in the gambling and betting market. It’s quite safe to wager on it. Try your luck by betting on your favorite team or spinning the slots. For now, we recommend our readers to follow the news because the HelaBet owner company has been in the coverage a lot, and if you have any problems with withdrawals, you must write to the bookie’s customer care.

FAQ

Who owns HelaBet?
The Cheza Gaming Limited Company is the owner of the HelaBet brand that was established in Kenya.
How do you place a bet at HelaBet?
To start making bets, you must register and fund your account. Then, you will have an opportunity to place stakes or play in its casino.
Is HelaBet legal in Kenya?
The brand is totally legit. It has a reputable license from the Betting Control and Licensing Board of Kenya, so there is nothing to worry about.
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