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New Gambling GuideLines For Ugandan
Thursday October 2,2014 : UGANDA IMPLEMENTS NEW GAMBLING GUIDELINES
Gambling operators to pay security bonds to regulatory authority
The Ugandan National Lotteries Board (NLB) has passed a decree that requires gambling firms to pay a security bond of USH 200 Million (US$75,616.00) to cover customer payments should those operators fail to meet their obligations.
“Most of these sports betting firms are owned by foreigners," Manzi Tumubweinee, chairman of the NLB inimitably said. "After making money, they close and run away without paying their clients. We are calling on anyone who wins and feels cheated to come and get help from us. If we establish that he/she genuinely won, we shall pay.”
Tumubweinee clarified that all operators who offer gaming and pool betting in the Ugandan market require licencing from the NLB. “We have almost 50 gaming firms but only 32 are licensed. If any players enter a firm without a license, they are required to report that firm to Police because it is operating illegally,” he said.
Operators or promoters who flout the licencing process are liable for a fine of up to USH 10 000 and may face a jail sentence, Tumubweinee warned.
Other changes include the provision that casinos operators may not operate less than 200 meters ways from churches, mosques and Government offices.
“We are planning to do a lot of enforcement. We are going to close all illegal firms so that we limit underage gambling and crime. Very soon for anyone to bet, you will be required to show a betting permit,” concluded Jonathan Kyeyune, who heads up NBL Operations.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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