The National Lottery Authority (NLA) has reviewed commissions payable to lotto retailers on the purchase of lottery coupons and tickets from 25 per cent to 20 per cent.
A statement issued by Mr Kojo Andah, Director General of NLA, to all Lotto marketing companies, the public, and individuals said the review would take effect from Monday, March 28.
The decision by the Authority to undertake the review, followed an Accra High Court ruling on Wednesday, March 23, this year that dismissed an interlocutory injunction application filed by the Association of Lotto Marketing Companies and the National Lotto Receivers Union to restrain the Authority from reducing the commission payable to Lotto Marketing Companies from 25 per cent to 20 per cent.
The Court affirmed the right of the Authority under section 28 of the National Lotto Act, 2006 (Act 722) to review commissions payable to retailers from time to time.
The statement noted that with the introduction of the Portable Automatic Data Processing Machines, "it is the expectation of the Authority that an enabling environment would be created for retailers to earn additional income from using the machines to sell new games and also benefit from other non-lottery products."
It said: "This we believe will position the Authority to increase its revenue contributions to Government for national development".
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Teddy Osei of Osibisa fame dead
35 minutes -
Alexander Djiku hails Fenerbahce’s effort in hard-fought win over Konyaspor
1 hour -
U-20 World Cup 2009: Black Satellites players reject payment on matured investment
1 hour -
We reaffirm our unwavering support for government’s efforts to ensure stable, affordable electricity – IPGG
1 hour -
Baseball: Ghana’s Golden Palms retain African Youth Championship title
1 hour -
ORAL is set up to settle political goals, revoke it – Ansah-Asare
1 hour -
Hamas has accepted a draft agreement for a Gaza ceasefire and the release of hostages, officials say
1 hour -
Joy Prime’s Changes Wedding Gown giveaway: Rose Abaya rocks gifted gown from Peace Bridals
1 hour -
This economy has to deliver jobs for Ghanaians – Dr Theo Acheampong
2 hours -
I went to Shatta Wale for advice during my campaign – A Plus
2 hours -
Mahama embarks on peace mission to Bawku and Nalerigu
2 hours -
Karela United closes in on Nurudeen Amadu as new head coach
2 hours -
Kotoko’s Amoah ruled out for 2 months with ankle injury
2 hours -
Akufo-Addo’s government showed no interest in investigating election-related deaths – Peter Toobu
2 hours -
ORAL is corruption CCTV – Ablakwa
3 hours