President Yoweri Museveni
Uganda's President Yoweri Museveni has ordered his government not
to issue or renew licences for sports betting firms, the country's
Finance minister David Bahati has revealed.
Mr Bahati said President Museveni issued the directive because of the negative impact the betting craze has had on young people.
“We have received a directive from President Museveni to stop
licensing sports betting, gaming and gambling companies. The President
has now directed the board which has been regulating them.
From now onwards, no new companies are going to be licensed.
Those which are already registered, no renewal of licences when they
expire,” Bahati said on Sunday.
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