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Ghana is set to introduce a new policy aimed at curbing revenue leakages in online betting.

Speaking on Friday, March 12, 2021, while presenting the 2021 budget statement and economic policy on the floor of Parliament, Ghana’s Minister for Parliamentary Affairs and caretaker Minister for Finance, Osei Kyei-Mensah-Bonsu said gaming has become a major income earner all across the globe and a significant source of Government revenue.

Over GHs 300 million lost annually

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.

According to Mensah-Bonsu, Ghana loses an estimation of over GHs 300 million annually in revenue due to leakages in the sector.

He said the Ministry of Finance and the Ministry for the Interior will work with stakeholders to formulate a comprehensive policy to improve revenue mobilization from online gaming.

“The Ministry …