BETTING GHANA Ghanaian punters worried over new tax on sports betting 12 months ago Szarlot Post Views: 449 Some Ghanaian sports fans are expressing mixed reactions after government’s decision to introduce taxes on lotteries and sports betting. On March 31, Parliament approved three bills on taxes — Income Tax Amendment Bill, Excise Duty Amendment Bill, and the Growth and Sustainability Amendment Bill—which were tabled before it as part of government’s measures to generate more revenue. Government is expecting that the implementation of these bills will aid it in generating the revenue needed to secure the IMF deal, as well as improve the revenue situation of the country. The components include a 10% withholding tax at the point of payout deduction from winnings from lotteries, sports betting, and games of chance. Ahead of the Presidential assent, worried punters have taken to social media to vent over the potential impact on their earnings. Source: myjoyonline.com About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: Ghana, sports betting, tax Continue Reading Previous Government introduces new 10% tax on betting and lottery winningsNext How to Cancel a Bet in Betika More Stories EXPERTS GHANA Can you bet on football with crypto? What you should know 11 hours ago Szarlot BETTING KENYA University student hangs self after losing KSh15,000 school fees to betting 11 hours ago Samuel BETTING KENYA Bangbet Charges Ahead with Renewed Sponsorship for Josiah Kariuki 11 hours ago Samuel BETTING SOUTH AFRICA Nolimit City Celebrates South Africa Debut 1 day ago Samuel BETTING GR8 Tech enters long-term partnership with Mojabet 1 day ago Szarlot BETTING KENYA Odibets unveils Sh5m sponsorship for Kenya Women 3X3 basketball team 3 days ago Szarlot BETTING NIGERIA Seun Kuti criticizes Nigerian elites over youths sleeping in betting shops 4 days ago Samuel BETTING KENYA Kayole Matatu Driver Newest Millionaire in Town After Winning KSh 3.4m 1 week ago Samuel BETTING NIGERIA Reps to organise public hearing on age limit for betting 1 week ago Samuel BETTING NIGERIA BetKing Renews Commitment To Ikorodu City FC 1 week ago Szarlot GHANA NSA grants sole governing status to eSports Federation, Ghana 1 week ago Samuel BETTING BURUNDI 1xBet supported women with albinism in Burundi 2 weeks ago Tools 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.