Guinea bettors challenge fees on sports-betting transactions
The UDCG is calling for a single levy, clearer fee rules and greater transparency over winnings and prize distribution.
Key takeaways:
- Guinea’s consumer protection group, the UDCG, challenges sports betting transaction fees exceeding 2 per cent.
- UDCG president M’Bany Sidibé calls for a single levy on deposits and withdrawals.
- The UDCG says it was not consulted before the fees were introduced.
- The group plans to seek a regulatory review and demands clearer fee rules, and greater transparency over winnings
Guinea.- Guinea’s Union for the Defence of Consumers (UDCG) has called for a review of sports betting transaction fees exceeding 2 per cent, arguing that charges on both deposits and withdrawals could result in multiple deductions from bettors’ funds.
According to Mosaique Guinée, the fees took effect on October 1, 2026, under a decision attributed to Guinea’s Gaming Regulation and Supervision Authority (ARSJPA). The report states that deposits and withdrawals are subject to charges exceeding 2 per cent.
UDCG president M’Bany Sidibé called for a single levy rather than separate charges on deposits and withdrawals. He argued that if winnings are taxed, withdrawing those winnings should not trigger an additional charge.
The consumer organisation intends to formally approach the authority to seek a review of the fee structure and rates, according to Journal de Guinée. It wants the applicable rates and rules to be clearly defined and accessible to consumers.
The UDCG said it had not been consulted before the decision was introduced. It also plans to engage mobile network operators and electronic money providers involved in processing betting transactions to discuss how the charges are collected and explore ways to harmonise the system.
The organisation is also calling for greater transparency over actual winnings and prize distribution. Sidibé said consumers should know the rules governing the allocation of funds in advance, alongside the charges applied to their transactions.