National Lottery License Issued
The Minister of Finance, Planning and Economic Development Hon. Matia Kasaija has signed the National Lottery Agreement between the Government and Ithuba Uganda Limited, jointly owned by South African and Ugandan Nationals. The duration of the National Lottery agreed is for a period 10 years.
The National Lottery's mission is to boost government revenue through a portion of gross sales, including gaming tax (approx. Shs 87 billion), and non-tax revenue (approx. Shs 60 billion) for good causes annually.
The generated revenue holds a noble purpose—it will empower initiatives in vital sectors: public infrastructure, education, health, and sports development. Together, we're making a positive impact.
The National Lottery is also an agent of change. There is an anticipated creation of 1700 direct jobs for Ugandan Nationals, with the ripple effect extending to numerous indirect employment opportunities.
The National Lotteries and Gaming Regulatory Board is mandated and will be responsible for the supervision of the activities and operations of the National Lottery and its operator.