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Ghanaians oppose 10% tax on betting and lottery
The government of Ghana has planned to introduce a new 10% tax on all betting, games, and lottery wins.
Sports betting
Ghanaian sports bettors have expressed displeasure at the government's move to levy taxes on lottery and sports betting.
Some bettors said, "I could lose all my bets in a year so if I should win one day and then 10 percent is deducted, it actually means that I have lost.
"Honestly, it is not fair. We are suffering because the system is not any better so taking away 10 per cent of my bet wins is not a good thing."
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The sports bettors urged the government to reconsider its plans to take a 10% withholding tax from winnings in lotteries, sports betting, and games of chance at the point of pay-out.
The betting industry in Ghana has seen tremendous growth in the last decade, leading to many betting companies setting up shops in the country.
In recent years, sports betting has often divided opinion among Ghanaians, with some quarters highlighting its effects on the youth.
Others also believe betting is legal and therefore cannot be described as a bad practice when no laws are broken.
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