EXPERTS GHANA Betting tax to be scrapped in first budget – Ghana 1 month ago Samuel Post Views: 168 Dr. Cassiel Ato Forson, Ghana’s finance minister-designate, has made a bold declaration to abolish the betting tax, a move he believes will better address the issues surrounding gambling in the country. During his vetting on Monday, January 13, 2025, he emphasised the untapped potential of Ghana’s tax revenue and made it clear that his first budget will not include the betting tax. “As minister of finance, my first budget, I will abolish the betting tax,” he stated, setting the stage for a significant shift in the government’s approach to gambling regulation. Ato Forson elaborated on his stance by referencing a past discussion with the former minister for information, Hon. Kojo Opong Nkrumah. He recalled how Nkrumah argued that the betting tax was introduced to protect the youth from the dangers of gambling. Ato Forson, however, countered this perspective, asserting that imposing a tax would not effectively deter individuals from betting. “That will not solve the problem because I’ve read a number of articles, and the article presupposes or suggests that it is destroying our youth,” – he explained, highlighting the complexities of addressing gambling addiction through taxation. In his defence against the betting tax, Ato Forson argued that a more effective solution would be to ban betting outright rather than simply taxing it. He pointed out that the government’s intention to curb gambling through taxation has not yielded the desired results. “Here we are today; I’ve been vindicated. Has the tax solved the problem as intended by the government? Big no,” – he declared, reinforcing his belief that the current approach is flawed. As the nation anticipates the unveiling of Ato Forson’s first budget, many are left wondering how this proposed change will impact the gambling landscape in Ghana. With his commitment to abolishing the betting tax, Dr. Cassiel Ato Forson is poised to challenge existing policies and potentially reshape the future of gambling regulation in the country. Source: gbcghanaonline.com 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: Ato Forson, betting tax, Ghana, regulation Continue Reading Previous iGC Summit Africa 2025 Brings iGaming Leaders TogetherNext The rise of online games and gambling in Africa More Stories EXPERTS NIGERIA Lagos Government Reaffirms Zero-Tolerance For Underage Gambling 11 mins ago Szarlot EXPERTS UGANDA Gaming Port Launches In Uganda 13 mins ago Iwo Bulski BOTSWANA EXPERTS BiG Africa Summit Eventus Awards 2025 – Shortlist Released 20 mins ago Iwo Bulski EXPERTS GHANA Ghana’s Finance Minister moves to scrap betting tax in 2025 budget 1 day ago Samuel EXPERTS UGANDA Ugandan finance ministry officials charged with corruption, money laundering 2 days ago Samuel EGYPT EXPERTS African gaming revenues hit $1.8B in new record 2 days ago Szarlot EXPERTS ZAMBIA Airtel Zambia to pay up customers for poor network 2 days ago Samuel EXPERTS HOT NEWS NIGERIA Why African Millennials Prefer Mobile Devices for Online Casino Gaming 3 days ago Szarlot EXPERTS SOUTH AFRICA How technology is shaping the future of online casino regulation in South Africa 6 days ago Samuel EXPERTS Africa’s Financial Sector Chases Digital Dreams In High Stakes Race 7 days ago Szarlot BOTSWANA EXPERTS From Africa to Asia: Connect with C-Level Leaders 1 week ago Iwo Bulski EXPERTS ZIMBABWE Zimbabwe’s government is actively fighting illegal gambling 1 week ago Samuel 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.