EXPERTS GHANA Ghana-NLA Resume Payment of Customers Winnings 3 years ago Adeleye Awakan Post Views: 1,189 After a Deputy Commissioner of Police, whose name has been withheld for some reason, smiling to the bank after winning the GHS 480,000 lottery jackpot in Ghana, the lucky officer was reportedly paid instantly to the surprise of many customers despite recently. The National Lottery Authority (NLA) was faced with a financial constraint which resulted in the inability of the Authority to promptly pay its customers hence resulting in a massive backlog of financial commitments. However, since the new management was inaugurated under Samuel Awuku, the National Organiser of the governing New Patriotic Party (NPP) has turned things around for good hence this payment resumption which has boosted the confidence of many customers in the country. Awuku said we have made it a point to increase revenue and stabilize the financial situation of the Authority. The situation is gradually improving as part of our goal to achieve a sustainable sector. As part of efforts by the management of the National Lottery Authority to improve the business model of the Authority and increase the confidence of customers in the operations of the NLA, the Authority set out to pay out all their outstanding winnings and start paying wins promptly. In November 2021, the management issued a press release indicating to the public that it had released GHC5million to its partner banks to pay unpaid lotto wins. The statement read, “On Monday, December 13, 2021, NLA disbursed over GHS5 million to all Partner Banks for payment of unpaid lotto wins as a first tranche, and is committed to clearing the arrears within the next few weeks.” After the said statement, patrons of lottery products are testifying of prompt payment, which has translated into renewed confidence in the operations of the Authority. However, this is quite an interesting approach from the new management to quickly attend to the Authority’s financial challenge its encountered in the past few weeks. This could dent the lottery industry and cause a lack of trust from stakeholders and customers, which prioritize payment of winnings as the fundamental reason for trying their luck with gambling, especially in Africa. Many players understand that gambling and betting is the quick way to improve their standard of living, so a delay in payment could spill a bad image to the lottery and betting industry in Ghana. About Post Author Adeleye Awakan Author E-play Africa, sports betting reviews, thoughtful leardership articles in Africa gambling industry, marketing gaming platforms in Africa with strong networking relationship with gaming operators in Africa, Expertise in PR, marketing communication, and consultant on gaming in Africa. See author's posts Adeleye AwakanAuthor E-play Africa, sports betting reviews, thoughtful leardership articles in Africa gambling industry, marketing gaming platforms in Africa with strong networking relationship with gaming operators in Africa, Expertise in PR, marketing communication, and consultant on gaming in Africa. Facebook Twitter LinkedIn Email Print Tags: Ghana, National Lottery Authority Continue Reading Previous How Cryptos are Changing the Concept of Gambling?Next GLI Africa awarded certificate for maintaining accreditation for 20+ years More Stories BOTSWANA EXPERTS 10 weeks to go until iGaming elites convene at Big Africa summit 2025 13 hours ago Iwo Bulski BETTING GHANA Ghana’s fastest-growing online sports betting & casino platform 2 days ago Iwo Bulski EXPERTS GHANA Vote for hope, not nightclub shifts – Sammy Awuku urges Ghanaians 5 days ago Samuel EXPERTS SOUTH AFRICA South African party seeks support to place Remote Gambling Bill on agenda 5 days ago Samuel EXPERTS SOUTH AFRICA Minister moves to appoint National Gambling Board members after ten years 6 days ago Samuel EXPERTS ZIMBABWE Zimbabwe government to levy 10% withholding tax on sports betting winnings 7 days ago Szarlot EXPERTS NIGERIA Lottery industry boosts GDP with N200b 1 week ago Samuel EXPERTS NIGERIA The future of the online gambling industry in Africa 1 week ago Samuel EXPERTS KENYA The cultural impact of gambling from Africa to Scandinavia 1 week ago Szarlot EXPERTS HOT NEWS ZIMBABWE Zimbabwe taxes gambling winnings, bets on rain to reduce power outages and hike growth 1 week ago Szarlot EXPERTS SOUTH AFRICA Online gambling is South Africa’s next big social ill 1 week ago Samuel EXPERTS KENYA Interpol’s Operation Serengeti Nets 24 Kenyans in Ksh 1.1 Billion Cybercrime Bust 2 weeks ago Iwo Bulski 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.