Tuesday, December 1, 2020

Tag: Uganda

Uganda’s authorities move to tighten AML measures

Uganda authorities AML
Despite ongoing regulatory uncertainty regarding licensing, the National Gaming Board Uganda has moved to introduce a new system to monitor..

Sports Betting East Africa Summit 2019

Uganda,
Last week, Sports Betting East Africa 2019 brought together stakeholders from across the continent to gain valuable insight into the greatest opportunities and challenges of operating a gaming business in East Africa. Day One: After a warm welcome from the event chair – Judith Kiragu, SBEA+ 2019 was well underway. The first session by the CEO of the National Gaming Board...

Uganda ups the ante on identity regulation

Uganda, africa, identity, regulation, politics
The chief executive of Uganda’s National Gaming Board has announced the enactment of a new law that will increase the identity checks on all wagering activities. Speaking at a regional meeting in mid February Edgar Agaba remarked that the regulations would apply unilaterally as of 1 March and require both the presentation of identity cards and the registering of a...

Ugandan minister announces shock end to gaming

Uganda,
Uganda’s finance minister has made the shock announcement that the nation’s gaming market will cease to be upon the expiration of all current licences. Uganda’s gambling industry is seemingly not long for this world following an announcement that once all current licences expire there will be no renewals nor no new issuances. Finance minister David Bahati made the shock statement - on...

Uganda ups ante on player registration

Uganda
Those keen to wager in Uganda will have to be registered with a central regulation service by the year end, according to the national gambling board. In a move designed to help protect consumers and in turn stamp out unregulated gaming operations the National Gambling Board Uganda (NGBU) is developing a central monitoring system (CMS) that will track player activity...

International support continues to grow with 47 nations represented at the first Gaming Africa

47 gaming africa
Gaming professionals from Brazil to Botswana, Germany to Ghana and Lithuania to Lesotho will be amongst the delegates expected at the inaugural Gaming Africa, Clarion Gaming’s two day conference and learning symposium being held across 24th and 25th October in Johannesburg. Representatives from a total of 47 nations have registered to be part of the free to attend event, including...

Ugandan government pushes for new tax framework

ICR - Ugandan tax
As the state attempts to strike a balancing act between legislation that encourages investment while also combating a growing black market, could a recent proposal to split taxation between the player and the operator be a game changer for the Ugandan market?   Ugandans spent $44m on gambling activities last year, positioning the sector as a key source of revenue for...

African conference to focus on growing opportunities in region

Casino Review - Uganda Africa Conference region
This year’s Annual Sports Betting East Africa 2017 conference is set to explore gaming across the continent as the local betting industry continues to expand.   2017 marks the third Annual Sports Betting East Africa 2017 conference in Kampala which will bring together participants from across the continent alongside European industry experts. The two-day symposium, running on April 10-11, will seek to...

Africa – Round Up

Africa Kampala Casino EGT
In South Africa, Phumelela Gaming and Leisure, the continent’s biggest horse racing and tote betting company, has reported a 31 percent increase in total profit to ZAR64.97m (E4m). The company’s domestic revenue grew by a large margin (18 per cent), whilst its international takings fared still better – swelling by some 26 per cent. Euro Games Technology (EGT), meanwhile, has...

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