Uganda’s Betting Revenue to Fund Sports Infrastructure for AFCON 2027
Uganda is set to use tax revenues from the rapidly growing gaming and betting industry to fund key sports infrastructure projects in preparation for the 2027 Africa Cup of Nations (AFCON).
Government Allocates Gaming Tax to Sports Development
Uganda’s Finance Minister, Matia Kasaija, has confirmed that revenue generated from the country’s gaming and betting industry will be used to improve sports infrastructure, specifically in preparation for the 2027 Africa Cup of Nations (AFCON).
Gaming Industry Revenue on the Rise
In the 2022/23 financial year, the National Lotteries and Gaming Regulatory Board reported a surplus of Shs33bn ($8.87m), contributing a total of Shs193bn to Uganda’s National Treasury.
The entry of new operators, such as ITHUBA Uganda, is expected to further drive up revenue, with projections suggesting that gaming and lottery income could reach at least Shs300bn in the 2024/25 financial year.
ITHUBA Uganda, the country’s first national lottery operator, has already invested Shs51.8bn in the market. The company has introduced various games with total jackpots amounting to Shs2.8bn. This initiative alone is projected to generate Shs87bn in gaming taxes and an additional Shs60bn in non-tax revenue for Uganda.
Sports Projects Prioritized for AFCON
For the upcoming fiscal year, one of Uganda’s main priorities is the development of key sports infrastructure to support its bid to co-host AFCON 2027.
The government has already committed Shs280bn for the construction of the Hoima Stadium, with Shs152bn having been approved by Parliament.
The project is part of a joint bid with neighboring East African nations, including Kenya and Tanzania, under the Pamoja initiative.
In addition to the Hoima Stadium, Uganda plans to renovate the Namboole Stadium and has set aside Shs110bn for the development of training facilities across the country.
These investments are crucial as Uganda prepares to meet the requirements for hosting AFCON matches.
Shared Costs with East African Partners
Uganda’s efforts to host the prestigious tournament come with financial obligations, including a commitment fee of $30m for hosting rights.
This expense will be shared with Kenya and Tanzania, further strengthening regional cooperation in the quest to bring AFCON 2027 to East Africa.
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