There is an increasing popularity of sports betting in Uganda and it is not going unrecognized globally.
As a result, for the second time in three years, the country will host a major international sports betting conference.
The third Annual Sports Betting East Africa will be held at the Kampala Serena Hotel, from April 10-11, bringing together participants from across Africa and Europe to discuss the strategies needed to make the sector better for all stakeholders.
The conference is strategic as Yudi Soetjiptadi, the Project Director of the event organizer reasons.
“The African continent is projected to become the largest market opportunity for the gaming industry over the next five years,” he says.
“This is the only dedicated sports betting conference in Africa where we focus on the latest opportunities, trends and strategies in this niche area.”
The conference will also focus on the impact of the recently enacted Lotteries and Gaming Act, 2016 which seeks to reform and consolidate legislation on lotteries, gaming, betting and casino activities.
Manzi Tumubweine, the chairman, National Lotteries and Gaming Regulatory Board says the new law will become fully operational this year and reasons that it’s aiming at having ‘serious’ operators.
“We are slowly but steadily strengthening the regulations. The aim is to have fewer but serious operators who are willing to stick to the letter of the law and serve Ugandans better,” he said.
International sports betting brands have become household names in Uganda with their sponsorship of sports teams, activities and events.