Bettors in Ghana have expressed their displeasure at the government’s plan to levy taxes on lottery and sports betting.
As part of efforts to raise additional revenue for the country, government slapped taxes on income from lottery, betting and gambling.
According to several local bettors, the government’s move is an attempt to prevent them from enjoying their winnings in peace.
In an interview with Vision1 News, they urged the government to reconsider its plans to take a 10% withholding tax from winnings in lotteries, sports betting, and games of chance at the point of payout.
Some Bettors during the interview said; “I could lose all my bets in a year so if I should win one day and then 10 percent is deducted, it actually means that I have lost.”
The gamblers added that the policy of taxing their fortunes in betting is not in their interest and therefore, 10 percent of their wins is too much for them.