Ghana loses an estimation of over GH¢300 million annually in revenue due to leakages in online betting, the caretaker Finance Minister, Osei Kyei-Mensah-Bonsu has said.
He noted that the “influx of online betting and automation of the once-totally-manual process, has changed the character of revenue sources from that industry.
“It is estimated that Ghana loses over GH¢300 million annually in revenue due to leakages in the sector.”
According to him, the government aims to formulate a new policy to improve revenue mobilisation from online gaming in 2021.
He assured Ghanaians that the Ministry of Finance and the Ministry for the Interior “will co-supervise the gaming industry and will soon consult with stakeholders to formulate a comprehensive policy to improve revenue mobilisation from this source.”