Regulator Steps in After ITHUBA Shuts National Lottery in Uganda
Uganda's gambling regulator is overseeing the transition of the National Lottery following the sudden closure of operator ITHUBA Uganda Limited. The regulator insists the company remains legally responsible for all outstanding player claims and liabilities.
Why it matters
The shutdown of a national lottery operator creates significant regulatory and financial uncertainty for stakeholders and the public.
KAMPALA: Uganda’s gambling regulator said on Thursday it was overseeing the transition of the National Lottery after operator ITHUBA Uganda Limited ceased operations, insisting that the company remains bound by its contractual and legal obligations despite shutting down.
The report focuses on the regulatory actions and legal obligations of the parties involved without editorializing.
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