Imagine this headline: ‘Resident of Uganda wins biggest lottery prize in the world’. Sounds like a fairy tale? Amazingly, this scenario could actually come true and what’s more, the winner of the $277 million USD Powerball jackpot could be you!
The Uganda Revenue Authority boss said a policy on digital currencies urgently needed since many Ugandans were already trading in them.
Dozens of people in Masaka district are counting losses after investing in a sham a cryptocurrency business scheme. Dunamiscoin Resources Limited opened in Masaka town in November this year and started enrolling clients on its digital currency network.
The sixth edition of the renowned Sports Betting East Africa+ will take place on 21 and 22 April 2020 in Kampala, Uganda.
The Federation of Ugandan Football Association (FUFA) is investigating suspended referee Emmanuel Kiwewa after allegations suggested he accepted a bribe for a University Football League match. This is the latest sports betting related issue in Uganda since president Yoweri Museveni announced in February of this year that permits will not be renewed to existing firms […]
Sports betting and online casinos are becoming more and more popular in Uganda. There are tons of companies that operate on the market which often makes it difficult to choose the correct company to deal with, especially if you have no experience with the betting industry.
Betting shops in Uganda have witnessed a boom in business since Sportpesa and Betin quit the Kenyan market almost two weeks ago.
Despite ongoing regulatory uncertainty regarding licensing, the National Gaming Board Uganda has moved to introduce a new system to monitor gambling transactions nationwide, as part of efforts to combat money laundering.
Bitcoin is presumed to be a form of gambling because it involves the use use of currency with hopes of gaining after acertain preferred time as stated by the company invoved.
Over 500 people in Kyenjojo, Mubende, Kyegegwa, Muhooro, Kagadi and Mityana got their share of the gifts that Fortebet usually gives out.