Since Sports betting has ever been a luring business more and more operators are trying to check their luck in this money rolling industry and in this process this is also true that we have lots of illegitimated operators who are running their services without having a license and this growing practice is somehow creating a menace in some regions. The Alebtong District of Uganda is one such place where he have had a shocking increase in the financial crime rate and fingers are being raised over the illegal sports betting and gambling machines, which are procured from outside, for this sudden increase in the crime rate. Along with, online operators who claim to have a legitimate license are as well grossly found in violation of land laws in providing their betting services hence number of complaints against them is also rising. To counter the growing negative impact of the sports betting as well gambling, the district leadership has banned the operation of sports betting and gambling businesses in the district.
All the operators, who have been providing their services in the district, are given a three days ultimatum to wind up and leave the place as soon as possible to avoid the arrest and further legal proceedings. The district chairperson, Mr Denis Johnson Okello said over the sudden change in government policies around sports betting, “Majority of our young people have abandoned productive engagements and have opted to make money through gambling. This is reducing the level of productivity in the district.”
He is supported by the every betting expert as well who has sensed the side effects of unregulated sport betting market in the region much earlier. Police Commander, Mr Rogers Sseguya, though unaware of the ban, assures any such notification will be implemented to cut down the crime rate in the State. Experts are also talking about a legal framework to allow only legitimated operators to offer their services in the state and their operations should be governed by well-defined policies as it happens in other parts of the world to cut down the menace of financial crimes as it is happening in the state today.