{"id":17133,"date":"2026-01-28T11:25:22","date_gmt":"2026-01-28T14:25:22","guid":{"rendered":"https:\/\/focusgn.com\/africa\/?p=17133"},"modified":"2026-04-19T09:32:47","modified_gmt":"2026-04-19T12:32:47","slug":"ghana-parliament-approves-national-sports-fund-powered-by-betting-and-gaming-revenue","status":"publish","type":"post","link":"https:\/\/focusgn.com\/africa\/ghana-parliament-approves-national-sports-fund-powered-by-betting-and-gaming-revenue","title":{"rendered":"Ghana Parliament approves National Sports Fund powered by betting revenue"},"content":{"rendered":"\n
President Mahama appoints David Wuaku to lead the Fund, channelling betting and gaming proceeds alongside other revenue streams into national sports development.<\/p>\n\n\n\n\n\n\n\n
Ghana.- Ghana <\/strong>is turning betting and gaming revenue into a key driver of national sports<\/strong>. Parliament has approved the Ghana Sports Fund\u2019s enabling Bill, and President John Dramani Mahama has appointed David Wuaku<\/strong> as its first Administrator. The Fund will draw on a range of existing revenue streams, including proceeds from sports betting, gaming, lotteries<\/strong>, sponsorships and other commercial sports income, all without introducing new taxes.<\/p>\n\n\n\n Parliament<\/strong> passed the Fund\u2019s enabling Bill on December 18, 2025<\/strong>, giving it legal force and paving the way for operational rollout. The legislation<\/strong> sets out how revenue from betting and other sources will be collected, managed and distributed to support national sports programmes. The approval marks a shift from policy to action, providing Ghanaian sport a predictable funding mechanism<\/strong>.<\/p>\n\n\n\n Wuaku described the launch as a turning point<\/strong> for Ghanaian sport. \u201cThis is not just about managing funds, it\u2019s about restoring hope to our athletes, our coaches and everyone who believes in the transformative power<\/strong> of sports,\u201d he said.<\/p>\n\n\n\n The Fund is structured to support grassroots programmes, elite athlete development<\/strong> and national sports infrastructure. Betting and gaming revenue is expected to contribute a significant portion of the Fund\u2019s resources.<\/strong><\/p>\n\n\n\n To ensure accountability<\/strong> and proper use of funds, the Ghana Sports Fund has established a robust governance framework, combining clear oversight with transparent reporting.<\/p>\n\n\n\n \u00a0Wuaku added: \u201cGhanaians deserve to see how their resources are being used to develop sports. We will establish clear processes<\/strong>, regular reporting mechanisms and open channels of communication<\/strong> with all stakeholders.\u201d<\/p>\n\n\n\n The 11-member Governing Board<\/strong> has been inaugurated, with Professor Koryoe Anim-Wright as Chair. The Board will oversee revenue mobilisation, fund management and distribution to ensure that betting and gaming-derived funds, alongside other income streams, are deployed effectively and transparently<\/strong>.<\/p>\n\n\n\n Sports and Recreation Minister Kofi Adams emphasised the Fund\u2019s accountability <\/strong>framework, stating: \u201cThis Fund must serve sport, not interests. It must reward performance<\/strong>, not proximity, and invest in systems, not shortcuts.\u201d<\/p>\n\n\n\n By formally integrating betting and gaming levies into a broader national sports financing framework, Ghana is creating a sustainable model<\/strong> that could serve as a regional benchmark<\/strong> for how regulated gambling markets can support national development while maintaining governance, transparency and measurable impact at all levels of sport.<\/p>\n\n\nStrong governance and transparency<\/strong><\/h2>\n\n\n\n