Bet1Cent to Cease Betting Operations in Uganda by End of 2026
The National Lotteries and Gaming Regulatory Board (NLGRB) has issued an official public notice to Ugandan citizens announcing betting operator Bet1Cent’s upcoming exit from the Ugandan market.
According to the Board, Geefy Entertainment SMC Limited, Bet1Cent’s parent company, has formally notified it of its decision to end its general betting operations in Uganda, effective 31 December 2026.
Issued under Section 4(j) of the Lotteries and Gaming Act, Cap. 334, which empowers the National Lotteries and Gaming Regulatory Board to oversee market governance, legal compliance, and public protection within the gaming sector.
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The Board published the directive on Thursday, 29 October 2026 to ensure transparency and provide structured notice to bettors, business partners, and industry stakeholders regarding Geefy Entertainment SMC Limited’s commercial exit.
Members of the public with active wagering accounts, pending tickets, or other financial dealings with the company are advised to finalise all transactions by the deadline. This process includes withdrawing account balances, settling claims, and reconciling accounts.
Anyone needing assistance or wishing to raise an unresolved concern can contact the Board at [email protected] or call its helpline at 0800 285 800.
