Under Act 722, the National Lottery Authority (NLA) is only mandated to license Lotto Marketing Companies and not Banker-to-Banker Lotto Operators, Agents, writers, Justice Yeboah, Editor for NDC newsletter has said.
He said the management of the National Lottery Authority (NLA) was, therefore, perpetuating acts of illegality in relation to the licensing of the Operators of Private Lotto (OPL) popularly known as "Banker-to-Banker lottery operations.
“All Private Lotto Operators, Agents and Writers are supposed to be licensed under Act 844 regulated by Act 722.
“Private Lotto Operators, Agents and Writers cannot be directly licensed under Act 722. It is only Lotto Marketing Companies which can be licensed directly under Act 722.”
In a statement on Monday, he added, “The National Lottery Authority (NLA) under the National Lotto Act 2006 (Act 722) are supposed to issue coupons to Lotto Marketing Companies to sell in exchange of Lotto Commission which is currently at 20 per cent."
He quizzes “How practically possible is it for the National Lottery Authority (NLA) to compete with the private sector Lotto Operators across Ghana?
“The poor Commission of 20 per cent to the lotto marketing companies has compelled the majority of the Lotto Companies to sell for the Banker-to-Banker Lotto Operators to attract a Commission of between 30 to 40 per cent.
The statement called on the Ministry of Finance and the National Lottery Authority to create the enabling environment for the lottery industry to sustain the various jobs that were created by the Operators of Private Lotto.
It said the recent arrest effected by the National Lottery Authority was a threat to national security and had the tendency to create unemployment in the country.
Latest Stories
-
4,155 cholera cases with 35 deaths recorded by December 23 – GHS
20 minutes -
Mothers celebrate arrival of Christmas Day babies at Ridge Hospital
3 hours -
Alleged National Security operative remanded over GH₵1m recruitment scam
3 hours -
Sametro Group of Companies donates to widows in Tarkwa Nsuaem Municipality to mark Christmas
4 hours -
Morocco’s Family Code revision proposals unveiled in Rabat
5 hours -
Saglemi fire: No documents lost, redevelopment project unaffected – Oppong Nkrumah
5 hours -
WAEC uncertain about meeting Dec. 29 deadline for WASSCE results
6 hours -
‘She Leads Project’ calls for more female representation in politics to address women’s issues
6 hours -
DJ Promise crowned Best Radio DJ at Dangme Music Awards 2024
6 hours -
Re-collation: Court sets Dec. 27 to hear NDC’s suit against EC
6 hours -
Let’s remain positive, optimistic, and with calmness, rebrand our party – Afenyo-Markin
7 hours -
L’aîné HR celebrates 30 years of excellence in HR management in Ghana
7 hours -
Corporate Wellness: Elegant Homes emphasizes impact of Annual Health and Family Fun Day
7 hours -
BoG issues bancassurance directives to stakeholders in financial sector; warns of sanctions
8 hours -
African Paralympic Committee President sends festive greetings to fraternity
8 hours