MASENO UNIVERSITY

Private Bag, Maseno, Kenya | Tel: +254 57 351622 | vc@maseno.ac.ke

Date: 13th November 2025
Ref: MSU/ECON/2025/RES/017

OFFICIAL AUTHORIZATION FOR FIELD DATA COLLECTION

To Whom It May Concern,

This is to certify that Aaron Maundu John, Registration No. MA/BE/00076/023, is a bona fide Master of Economics student at Maseno University, Department of Economics & Statistics.

Thesis Title:
“Analyzing the Strategic Behavior of Oligopolists in the I-Gaming Sector Using Game Theory: Evidence from Kenya and Zambia Markets”

Research Objectives

Model oligopolistic competition using Cournot, Bertrand, and Stackelberg frameworks
Analyze pricing strategies, entry deterrence, and collusion sustainability
Estimate welfare effects and consumer surplus in regulated vs unregulated markets
Provide evidence-based policy recommendations for BCLB and ZLA

Societal Problems Addressed

Youth unemployment through agent-based entrepreneurship
Financial inclusion via mobile micro-business models
Responsible gaming awareness and data-driven regulation
Evidence-based taxation and consumer protection policies

All field agents operating under EasyWin Lottery (GenZBets Lottery LTD) are officially deployed under this university-sanctioned research project for primary data collection from 13th November 2025 to 12th November 2026.

Any interference with this academic research constitutes obstruction of a recognized university program.

Prof. Mary Omondi

Dean, School of Business & Economics

Dr. James Otieno

Head, Department of Economics & Statistics

Verification: Postgraduate Office
Email: postgraduate@maseno.ac.ke | Tel: +254 57 351622 Ext. 3050

MASENO UNIVERSITY

OFFICIAL AUTHORIZATION FOR FIELD DATA COLLECTION

Thesis Title: “Analyzing the Strategic Behavior of Oligopolists in the I-Gaming Sector Using Game Theory: Evidence from Kenya and Zambia Markets”

Research Objectives

Societal Problems Addressed

Thesis Title:
“Analyzing the Strategic Behavior of Oligopolists in the I-Gaming Sector Using Game Theory: Evidence from Kenya and Zambia Markets”