Betting dependancy has left the youth poorer and in ache – Rt Rev Mante laments

He made the rallying name on the dedication of the Daniel Ntow Overweight Youngsters and Youth useful resource centre for the Unity Presbyterian Congregation at Nkanfoa in Cape Coast, in accordance with the Day by day Graphic.

The Day by day Graphic studies that Rt Rev Mante lamented the challenges going through the youth and noticed that sports activities betting has “left a lot of them in ache and poorer as betting corporations continued to money in on their vulnerabilities.”

The betting trade in Ghana has seen super development within the final decade, resulting in many betting corporations organising store within the nation.

In recent times, sports activities betting has usually divided opinion amongst Ghanaians, with some quarters highlighting its damaging results on the youth, together with dependancy.

Others additionally imagine betting is authorized and a professional manner of earning money, and due to this fact can’t be described as a nasty apply when no legal guidelines are damaged.

In the meantime, in August, the Ghana Income Authority formally applied a ten% withholding tax on all betting, video games and lottery wins.

This adopted the federal government’s choice to amend the Tax Act, due to this fact, introducing withholding tax on winnings from sports activities betting and lottery.