East AfricaNewsUganda

1xBet Shuts Down its Operations in Uganda

The National Lotteries and Gaming Regulatory Board has announced the immediate closure of the operations of betting company Advanced Gaming Limited, trading as 1XBET in Uganda.

This comes after the operator sent an official notice to the regulatory authority informing it of the brand’s decision to cease gaming activities in Uganda.

The board further urged the brand’s customers to withdraw their winnings and deposits from their 1XBet accounts.

The NLGRB’s announcement is in fulfillment of section 4(j) of the Lotteries and Gaming Act 2016, which mandates the Gaming Board to promote transparency and accountability.

Feedback from the general public has seen iGaming AFRIKA establish that customers who responded to the news were more of the view that the board should ensure that they don’t lose their money as a result of the closure of 1XBET Uganda.

“Hope it hasn’t left with wins of Uganda,” stated @mozeserugo while reacting to the announcement by the National Lotteries and Gaming Regulatory Authority (NLGRB) on X. Others, like @ infamous_tweep complained of not being able to withdraw their money: “And we can’t withdraw our money.”

Read Also: Uganda Gaming Board Announces the Introduction of a Central Monitoring System

iGaming AFRIKA has further established that some users of the platform have been negatively impacted by the shutdown of 1XBET Uganda, @apuuli on X said, “This is bad.”

The announcement is a blow to Africa’s gaming industry, as a number of gaming operators have recently exited various areas. Some significant examples are Hollywoodbet’s withdrawal from Kenya and Pulsebet’s exit from Uganda.

About Advanced Gaming Limited

Advanced Gaming Limited (Trading as 1XBET) was incorporated on the 7th of September, 2019, and holds licenses number NLGRB-GB-82-003 and NLGRB-С-82-004, issued on January 1, 2023 by the National Lotteries and Gaming Regulatory Board in Uganda.

Jeremiah Maangi

A trusted igaming leader & author for articles bringing positive change in the African gambling industry. African gambling domains broker. Intelligent knowledge of customer acquisition and retention strategies. Available for new & existing gambling operations consulting and marketing services in Africa. Crypto enthusiast.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

You cannot copy content of this page

Adblock Detected

Please consider supporting us by disabling your ad blocker