Uganda Launches On-line Reporting Module On The National Central Electronic Monitoring System
Uganda launched an On-line Reporting Module on the National Central Electronic Monitoring System which officials say will transform gaming and gambling oversight.
“The comprehensive On-line Reporting Module system is poised to address key challenges within the gaming and betting industry, offering 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 online reporting module will further solve the current issues in the gaming industry such as underage gaming, revenue leakages, and will enhance regulatory compliance and promote responsible gaming
The On-line Reporting Module system was developed through a partnership between the Government of Uganda, represented by the Ministry of Finance and the National Lotteries and Gaming Regulatory Board and M/s Comtrade D.O.O and MTA Computers Ltd.
Ngabirano said the system has enhanced compliance mechanisms such as standardized reporting through various modules; and real-time monitoring of financial and non-financial transactions to close gaps in revenue collection, curbing tax evasion, and fostering financial transparency.
Revenue collections from the sector have grown from Shs 17.4Bn in Financial Year 2015/2016 to 151.9Bn in Financial Year 2022/2023. It is projected that Shs 160Bn will be collected in FY 2023/2024 and Shs 300Bn in FY 2024/2025.
“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,” said Ngabirano during the launch of the system at the board’s office in Kampala on Thursday.
The National Lotteries and Gaming Regulatory Board is the regulatory authority overseeing the gaming and betting industry in Uganda.
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