Uganda’s Finance Minister promotes responsible gambling
Betting Sites News

Uganda’s Finance Minister promotes responsible gambling

Last updated on:
Uganda’s Minister of Finance Henry Musasizi requested the installation of digital monitors for encouraging responsible gambling. He mentioned this plan during the presentation of the strategic plan for the years 2022/2023-2024/2025 of the National Lotteries and Gaming Regulatory Board (LGRB). It took place at the headquarters of the ministry in the capital Kampala. More precisely, it aims at the protection of the public from the negative effects of dubious betting and the compliance with lottery laws.

Uganda’s Minister of Finance Henry Musasizi requested the installation of digital monitors for encouraging responsible gambling. He mentioned this plan during the presentation of the strategic plan for the years 2022/2023-2024/2025 of the National Lotteries and Gaming Regulatory Board (LGRB). It took place at the headquarters of the ministry in the capital Kampala. More precisely, it aims at the protection of the public from the negative effects of dubious betting and the compliance with lottery laws.

A study by the Economic Policy Review Commission in 2015 revealed that more than 70% of Ugandans below the age of 30 regularly use various gambling services. Musasizi thinks that without controlling or restricting gambling, such a large proportion of young people could turn into something else. Therefore, there could be control on the spread of gambling businesses everywhere.

He said, “We strive to promote responsible gambling. Because: we want to prevent people from falling into addiction. I think that the same to alcohol consumers applies. If you claim that only people beyond the age of 18 can consume alcohol, they insist that people who aren’t yet 25 should also be barred from gambling.”

Ugandan gambling companies generated the bulk of 110 billion Ush

Furthermore, Musasizi said that after the installation of the digital monitors, the execution will follow. Thus, people under the age of 25 won’t be allowed to place bets. Additionally, there will then be prosecution of bookmakers who don’t comply with the regulations.

Also, he explained that the digital monitors will play a central role in simplifying the revenue collection and alerting the regulators. Thus, they will act in case of problems. Musasizi reported that in 2021, gambling companies contributed most of the revenue, amounting to 110 billion Ush. Therefore, he added that he regrets the introduction of drastic measures against them.

Stand:- Published in:
_
Alice made her first steps in sports journalism while still at school. Thereafter, she also started working with sports betting more than ten years ago. Since then, she has loved writing betting previews. Furthermore, she likes to test bookmakers and to give other tips. Alice, for example, has been a member of the Association Internationale de la Presse Sportive (AIPS) since 2016 and observes the teams on site as often as possible. In addition to her mother tongues German and Italian, she manages English and Spanish. And Alice is happy to use this for her work.