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Maroc Maroc - GHANASOCCERNET.COM - A la Une - 30/Jan 15:08

Ghana government urged to reconsider tax removal on betting winnings

Several Civil Society Organizations (CSOs) in Ghana, including the Vision for Accelerated Sustainable Development, the Ghana NCD Alliance, and the Stroke Association Support Network, have called on the government to reverse its decision to remove taxes on betting wins.They have instead recommended increasing the tax rate on betting earnings to curb the rising popularity of gambling, particularly among young and vulnerable populations.In a statement signed by Labram Musah, the National Coordinator for the Ghana NCD Alliance, the organizations raised concerns about the negative health and socioeconomic impacts of betting, citing its rapid growth in Ghana. "Betting has become deeply embedded in modern society, especially with online platforms making it more accessible to a wider audience," the statement reads.According to a 2024 report by TGM Research, 41.7% of Ghanaians engaged in sports betting within the last year, with 95% of participants preferring online platforms over traditional betting shops. The report also revealed that 74.17% of respondents were driven by financial motivations, highlighting how economic challenges push many to gamble.In a recent interview on ‘Eyewitness News,’ economist Professor Patrick Asuming stressed the importance of betting taxes, not only as a source of revenue but as a regulatory measure...

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