President Museveni has practically banned sports betting company and ordered that they should not be licensed to operate in Uganda.
This was revealed by Minister of State for Finance in charge of Planning, David Bahati, who said Museveni directed that licences for the existing companies should not be renewed.
Bahati who was attending a church service at Rugarama Hill in Kabale Town on Sunday, quoted Museveni saying sports betting companies have diverted the attention of youth from hard work.
“We have received a directive from President Museveni to stop licensing sports betting, gaming and gambling companies,” Bahati is quoted by Daily Monitor telling the congregation.
“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 church leaders who have been against sports betting can now praise the Lord because their prayers have been answered.