{"id":8721,"date":"2021-04-20T17:56:44","date_gmt":"2021-04-20T17:56:44","guid":{"rendered":"https:\/\/www.africa-press.net\/uganda\/?p=8721"},"modified":"2021-04-20T16:30:58","modified_gmt":"2021-04-20T16:30:58","slug":"gaming-operators-under-declaring-revenue-by-half-audit","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/gaming-operators-under-declaring-revenue-by-half-audit","title":{"rendered":"Gaming operators under declaring revenue by half – audit"},"content":{"rendered":"

Africa-Press<\/a> – Uganda<\/a>. <\/strong><\/span>The Parliamentary Committee on Finance yesterday heard that the lotteries and gaming industry has been under declaring its revenue by half, causing government Shs50b loss in revenue.<\/p>\n

The board\u2019s IT manager, Mr Denis Mudene, said they did an audit about two years ago which revealed that they are supposed to be collecting at least Shs100 billion but were instead receiving Shs50b annually. \u201cRelying on an audit we did, we believe the operators under declare by almost more than a half taxes. We expect about Shs100b but they are declaring around Shs50b,\u201d Mr Mudene said.<\/p>\n

This was after the Lotteries and Gaming Regulatory Board headed by Ms Juliet Namuli presented its ministerial policy to Parliament for the financial year 2021\/2022. Ms Namuli advised that for the board to avoid such losses, there is need to procure a national central electronic monitoring system to detect irregularities during inspection.The system, Ms Namuli added, will be connected to National Identification and Registration Authority to match the data for easy analysis on individual performance.Ms Namuli said government allocated them Shs6.37b for 2020\/2021 financial year instead of Shs12.87b they had requested to procure the system.<\/p>\n

READ:<\/b><\/p>\n

Government to take over sports betting<\/p>\n

\u201cThe shortfall of Shs6.5b was meant to pay for the first two installments of the National Central Electronic Monitoring System (NCEMS). However, due to lack of funds, the implementation was halted until the funds are availed,\u201d Ms Namuli told the MPs.\u201cThis system will enhance revenue collection by detecting and monitoring significant events associated with gaming activities, analyse, report and received data,\u201d she added.But the Finance committee chairman, Mr Henry Musasizi, interjected, asking whether that money wasn\u2019t released in 2018\/2019 budget.<\/p>\n

\u201cBut this money was provided some time back. Did you return it to the treasury?\u201d he asked. Ms Namuli said they had returned the money after they failed to use it that year, and subsequent requisitions for the funds haven\u2019t been granted.Pakwach Woman MP Jane Pacutho inquired what the board was doing to reduce the harmful effects of gaming, especially among the youth. In response, Ms Namuli said once they have the electronic monitoring system hooked to NIRA and Uganda Revenue Authority, it will be easy to determine the frequency within which each participant plays the games and track their age group. She also said they have partnered with regional referral hospitals to treat people who have gambling challenges.Ms Namuli said all casinos will be required to register everybody who enters their premises to reduce the negative effects.<\/p>\n

\u201cGaming is an activity for leisure not regular work to make money. Minors of 25 years of age and below are not allowed. We don\u2019t expect someone to spend the whole day in the gaming premises. We do regular inspection and are planning to open regional offices. We appeal for more funding to facilitate human resource in these offices,\u201d Ms Namuli said.<\/p>\n

Budget shortfall<\/p>\n

Ms Juliet Namuli warned that they are unlikely going to meet their Shs50.6b target in the coming financial year, citing the negative impact caused by Covid-19 imposed lockdown on gaming centres, which has caused a 36 per cent reduction of the revenue collection in the last eight months. Their target is to license at least 70 operators with about 1,500 premises. \u201cEvery operator is mandated to pay gaming tax for their operations. Our sector was closed for eight months which greatly affected our performance. The sector we regulate is very dynamic. Games keep changing. We have to do continuous research to inform our decisions,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. The Parliamentary Committee on Finance yesterday heard that the lotteries and gaming industry has been under declaring its revenue by half, causing government Shs50b loss in revenue. The board\u2019s IT manager, Mr Denis Mudene, said they did an audit about two years ago which revealed that they are supposed to be collecting […]<\/p>\n","protected":false},"author":84,"featured_media":8720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8],"tags":[233,240,234],"class_list":["post-8721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nGaming operators under declaring revenue by half - audit - Uganda<\/title>\n<meta name=\"description\" content=\"The Parliamentary Committee on Finance yesterday heard that the lotteries and gaming industry has been under declaring i ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/gaming-operators-under-declaring-revenue-by-half-audit\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gaming operators under declaring revenue by half - 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