Betting punters in Ghana have been expressing their displeasure over the new implementation of a 10% tax on all winnings from sports betting and lotteries which commenced on Tuesday, 2023.
Although the government intends for this move to increase revenue streams, there has been a significant amount of protests. The government’s action has drawn criticism from a lot of gamblers who feel that it is inconsiderate of their concerns.
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"The 10% tax on bet winnings should have been more; betting is not anything good for your future"
NPP flagbearer aspirant Hon. Kennedy Agyapong shares his take on government's 10% withholding tax on winnings from sports betting and lottery.#3Xtra #TV3GH pic.twitter.com/MjuqD16v8D
— #TV3GH (@tv3_ghana) August 16, 2023
Both Majority & Minority voted for the 10% tax but yeahh play on pic.twitter.com/dXWJQjOfy6
— Essel (@Esselguy) August 16, 2023
John Mahama on 10% tax on betting pic.twitter.com/H7IDrwWrXf
— code micky (@code_micky) August 16, 2023
The decision has triggered heated debates about the tax’s possible effects on the gambling and lottery industries.
