BETTING UGANDA Uganda: BungaBet makes betting simpler 3 years ago Iwo Bulski Post Views: 1,273 BungaBet, a fast-rising Ugandan betting firm, has introduced a simple way of placing your betting odds using any mobile handsets. Online or mobile betting has been out of reach of many people since they needed smartphones and internet to play. However, BungaBet has made it much easier, with a code that can be used to place odds, as well as deposit and withdraw money. Speaking to Mr Prosper Tuhaise, at the company’s head office, the chief executive officer of the firm said, *238# is a simpler way to play without spending more money on the game. He, however cautioned people that betting, should be above 25 years old. Mr Tuhaise, a strong proponent for responsible betting and gaming, saying, they are complying with all requirement of theLotteries and Gaming Regulatory Board, agovernment body that is mandated to regulate the gaming industry through licensing and monitoring the management, establishment and operation ofgaming,betting and lotteriesin Uganda. Asked about what betting companies should do to be more responsive to the needs of the Ugandan community, Mr Tuhaise said, betting companies should know that they are involved in business that needs regulation, internal and external. He said, for that purpose, they try to show the human side of their company by doing community service. BungaBet, one of the youngest betting firms, is already paying for school fees of about 100 students, it sponsors the feeding of the Crested Cranes at the Entebbe Zoo also known as the Uganda Wildlife Education Centre. In the recent past, they have donated to hospitals such as Nshwere and Bukiro health centres as well as Kawaala orphanage school. Last month, BungaBet has also entered into sponsorships for motor rally. Betting companies have been under scrutiny especially by the ministry of finance, who believe, a ceiling should be put on foreign betting companies to take out a lot of money from the country without investing here. Foreign betting companies have also crossed the line, butting their booths in as far as villages where people live on less than a dollar a day. There is therefore a move to restrict their area of operations as well as how much they take which leads to shortage of foreign currencies in the country. Source: wathdoguganda.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: Bunga Bet, mobile money, Uganda Continue Reading Previous Kenya – SportPesa to cut club sponsorship after KRA truceNext Kenyan bookmakers are trying different solutions when licensing requirements become clear More Stories BETTING SOUTH AFRICA Pragmatic Play Expands South African Footprint with World Sports Betting 23 hours ago Samuel BETTING UGANDA Ugandan health worker loses 6,7 million bet on World Cup game 2 days ago Samuel BETTING NIGERIA 10 secrets of successful online football betting 3 days ago Samuel BETTING GHANA Different types of soccer bet you can place any time 4 days ago Samuel BETTING SOUTH AFRICA Hollywoodbets Announces Bafana Bafana Legend Teko Modise as a Brand Ambassador 7 days ago Samuel BETTING SOUTH AFRICA Pragmatic Play Expands South African Footprint with World Sports Betting 7 days ago Szarlot BETTING TANZANIA 10Bet Continues Expansion in Africa 1 week ago Samuel BETTING GHANA Hooked: Sports betting addiction in Ghana youth 1 week ago Szarlot EXPERTS UGANDA How hackers stole billions from Airtel Money in Uganda 1 week ago Szarlot BETTING GHANA Operator bet365 launches in Ghana 1 week ago Samuel BETTING WORLD NEWS Lionel Messi is most feared player at 2022 World Cup 2 weeks ago Iwo Bulski BETTING ZAMBIA 888 Holdings bolsters gambling in African region 2 weeks ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.