Uganda Gaming Board Announces the Introduction of a Central Monitoring System
Gaming officials in Uganda have announced the launch of the highly anticipated National Central Electronic Monitoring System, aiming to revolutionize gaming oversight.
The news comes weeks after the Gaming board in Uganda hinted at implementing a central monitoring system for gaming operators in the country. A similar system has already been successfully implemented in Kenya.
“The comprehensive system is poised to address key challenges within the gaming and betting industry. It offers solutions that range from enhanced compliance and increased revenue collection to improved enforcement and prioritizing responsible gaming,” said National Lotteries and Gaming Regulatory Board (NLGRB) chief Executive Officer, Denis Mudene Ngabirano.
The development of the system is a collaborative effort between the Government of Uganda: the Ministry of Finance and the National Lotteries and Gaming Regulatory Board, as well as M/s Comtrade D.O.O and MTA Computers Ltd.
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According to Ngabirano, the system has improved compliance methods. This include, standardized reporting using different modules, as well as the ability to monitor financial and non-financial transactions in real-time. These measures aim to fill gaps in revenue collection, prevent tax evasion, and promote financial transparency.
Reports indicate that the sector’s revenue collections have increased significantly. Rising from Shs 17.4Bn in the 2015/2016 financial year to Shs 151.9Bn in the 2022/2023 financial year. Projections show that the revenue collection is set to continue growing.More so with an estimated collection of Shs 160Bn in the 2023/2024 financial year and Shs 300Bn in the 2024/2025 financial year.
Ngabirano spoke during the launch of the system at the board’s office in Kampala on Thursday. He said, “The system’s modules provide detailed insights into both online and offline gaming activities, empowering the National Lotteries and Gaming Regulatory Board to enforce effectively.”
The system comes with a player Protection Module. Highlighting the commitment to responsible gaming and safeguarding citizens from the negative impacts of gaming. This is the primary objective of the Board. It provides timely interventions to address any issues.
Additionally, the system ensures comprehensive and effective regulatory oversight. This is by covering both online and land-based gaming activities, thereby adopting a holistic approach.
Ngabirano revealed that the Online Reporting Module has been finished, and operators have started integrating it into the system. By Thursday, Comtrade D.O.O, the consulting partner, had initiated the assessment for the land-based aspect.He is now working on developing the related module. Officials anticipate that the entire system will be fully functional by June 2024.
Source: Chimpreports
