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    You are at:Home»Politics»Betting tax is counterproductive – Sammy Awuku
    Politics

    Betting tax is counterproductive – Sammy Awuku

    Papa LincBy Papa LincJanuary 17, 2025No Comments2 Mins Read0 Views
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    Betting tax is counterproductive – Sammy Awuku
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    SAMMY Awuku, a former Director-General of the National Lottery Authority (NLA) and now New Patriotic Party (NPP) Member of Parlia­ment for Akuapem North, has expressed enthusiasm over the government’s decision to scrap the betting tax.

    Awuku, who has been a vocal critic of the tax even during the tenure of the previous adminis­tration, describing it as a counter­productive measure that has failed to yield positive results in many jurisdictions.

    “I’m excited that the betting tax is going to be scrapped, I’ve been consistent about it, even during the NPP era, and I said it is something that personally has not worked in many of the jurisdic­tions anytime you have introduced taxes on betting,” he stated.

    Highlighting his concerns, Awuku elaborated on the coun­terproductive nature of the tax, especially concerning govern­ment-owned institutions like the National Lottery Authority (NLA).

    “Lottery was part of the betting tax. The National Lottery Author­ity, for instance, is owned by the government, and apart from the things that they do, at the end of the day, they must also contribute to the national kitty,” he explained.

    He pointed out the dilemma posed by the tax, which made illegal betting operators more attractive to players. “If the government is taxing itself, then what will happen is that the un­derground operators that we call the illegal operators will become emboldened.

    “If you play with the govern­ment, you attract a 10 per cent tax on what you win. But if you play with the illegals, you get your full money. So, I told them that, for me, it was counterproductive,” he added.

    Awuku’s criticism extended beyond the tax policy itself to what he described as inconsisten­cies within the ruling National Democratic Congress (NDC) government. He noted that earlier comments by the Finance Min­ister-designate had gone beyond scrapping the tax to suggesting that betting and lottery activities should be banned entirely.

    “The difficulty with the NDC position is that earlier the Fi­nance Minister-designate, in time past, had said that it should be banned—not just the tax being scrapped,” he said. —Citinewsroom. com



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