Uganda sports betting ban hits SportPesa expansion

Mr David Bahati, Uganda's state minister of finance in charge of planning . FILE PHOTO | NMG

Uganda has banned sports betting, dealing a blow to local firms like SportPesa that set shop in the country with an eye on gaming billions.

The country’s Finance minister David Bahati said President Yoweri Museveni had ordered that no new sports betting company should be licensed Uganda and permits for existing ones be renewed.

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