The Sports Betting Company, Hamabet located at Rasco Area, Oke via Osogbo was today sealed up by the State of Osun Internal Revenue Service (OIRS) over illegal and unapproved operation.

In the address made by the Board Secretary, Barrister Oluwatosin Falomo immediately after the exercise, Hamabet Sports Betting Company is operating without obtaining a license for its operations and this contravenes the Section 3 of the Osun State Law, 2002 under Betting Control which stipulates that “no person shall in Osun State operate any pool betting business without a license under the law or distribute, print, or publish any paper incidental to pool betting business not licensed under this law.

As a result, she said, the step taken to stop the company from the illegal operation is necessary to prevent innocent members of the public doing business with the company from being duped as the company does not have any trace of identity.

She however added that efforts are ongoing to descend full weight of law on other illegal pool betting business across the State and any other business operating in the State without following due process.

Abdul Wasiu Babalola
Reporting from OIRS

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