BETTING GHANA Betting makes the youth lazy, I support taxes on winnings 1 month ago Samuel Post Views: 150 The Majority Leader in Ghana’s Parliament, Osei Kyei-Mensah-Bonsu has provided a robust justification for the recently introduced 10 percent withholding tax on winnings from betting and lotteries. Speaking in an interview on Angel FM in Kumasi, the Suame MP fervently supported the decision made by the Ghana Revenue Authority (GRA) to levy a 10 per cent withholding tax on earnings from both betting and lottery activities. Mensah Bonsu Kyei-Mensah-Bonsu articulated his concerns regarding the proliferation of betting companies and its potential consequences, particularly among the nation’s youth. He argued that the rise of these establishments may inadvertently foster a culture of complacency, laziness and idleness among the younger generation. The Suame MP maintained his principled stance, asserting: “As an individual, I do not participate in the lottery because I do not believe in it. I do not have faith in luck. Instead, one should toil diligently, and blessings will follow”. Reinforcing his perspective as a devoted Christian, Kyei-Mensah-Bonsu emphasized his conviction that industriousness remains the most honourable path to achieving financial stability. Furthermore, he voiced apprehensions about potential match-fixing concerns stemming from the activities of betting companies, highlighting the broader implications of the industry on the integrity of sports and fair competition. Source: graphic.com.gh About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: Ghana, sports betting, taxes Continue Reading Previous CAF to investigate Cameroon FA President SAMUEL ETO’ONext KRA goes after SportyBet over Sh5bn tax bill More Stories BETTING GHANA Why ‘Sewing Machine’ is trending in the world of sports betting 17 hours ago Samuel BETTING NIGERIA The growing trend of mobile betting in Nigeria 2 days ago Samuel BETTING NIGERIA Innovations in responsible gambling: Betbonanza’s initiatives for safer betting 2 days ago Samuel BETTING ZAMBIA Amplifying Sports Betting with Music Ambassadors 3 days ago Szarlot BETTING UGANDA Uganda: Man Wins Shs 300,000 in Sports Betting, Dies Mysteriously 3 days ago Szarlot BETTING KENYA Exploring OdiBets: A Game-Changer In Kenyan Sports Betting 4 days ago Samuel BETTING NIGERIA BetCorrect unveils AI-Powered online betting platform 4 days ago Szarlot BETTING KENYA Expand the war on betting addiction 7 days ago Samuel BETTING TANZANIA Exploring the thrills of sports betting in Tanzania 1 week ago Szarlot BETTING SOUTH AFRICA Online betting platform SunBet cashes in R90m 1 week ago Samuel BETTING TANZANIA How youths can get out as industry grows 1 week ago Samuel BETTING NIGERIA SportyBet collaborates with Real Madrid for regional sports betting ad campaign 1 week ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.