World sport betting uganda news

And gambling policy affects employment, business, tourism, entertainment, social service delivery, regulation, cultural heritage, and religion. A global problem Almost all Muslim majority countries ban gambling on religious grounds. In addition to religious reasons, gambling prohibitions are driven by concerns about money laundering, gambling addiction, and in the case of sports betting, issues around the integrity of sports.

Sports betting has been the focus of quite a number of illegal activities such as match fixing, point shaving and bad calls at key moments. Online gambling is banned in Singapore and Cambodia. Albania passed a similar law to Uganda in October Italy is considered to have one of the worst gambling problems in the world. A sizeable percentage of Italians are classified as gambling addicts. Major online gambling proponents such as the American Gaming Association, the Professional Golfers Association, and the National Basketball Association argue that banning sports betting, gaming, and gambling cuts off much-needed revenue.

They say that gambling revenue stimulates economic growth, lowers taxes, pays down national debt, funds social programmes and provides entertainment options. A second argument advanced against the ban is that it will simply push gambling underground. This, in turn, will contribute to an overall rise in crime, incidents of match-fixing, and significant loss of government revenue as has been documented in India and Singapore. In some countries people have been swindled in underground gambling markets.

These countries have made efforts to re-regulate the gambling market after initially restricting or completely banning the industry. Determining the benefits Two approaches are most commonly adopted to measure the effect of gambling. The first is a cost-benefit analysis, the second an economic-impact analysis. Both approaches seek to determine the net benefits of gambling activity but they do it in different ways.

A cost-benefit analysis considers the economic efficiency of gambling activity by seeking to determine all the individual costs and monetary benefits of various aspects of the activity. The Minister was speaking to a church congregation in the western town of Kabale. He insinuated that the prayers of church leaders who oppose betting had been anwsered and they now had cause to celebrate. Sports betting continues to gain a stranglehold across most parts of Africa.

Young people are usually seen camped at centers especially placing bets on football games in the English Premier League and other top football leagues. Betting bodies are usually regulated by law and operate under national gaming bodies that license them.

The specific case of football betting continues to raise concerns because its main patrons are young people.

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