{"id":35240,"date":"2026-10-14T04:31:01","date_gmt":"2026-10-14T07:31:01","guid":{"rendered":"https:\/\/focusgn.com\/africa\/?p=35240"},"modified":"2026-10-15T06:09:21","modified_gmt":"2026-10-15T09:09:21","slug":"guinea-sports-betting-transaction-fees","status":"publish","type":"post","link":"https:\/\/focusgn.com\/africa\/guinea-sports-betting-transaction-fees","title":{"rendered":"Guinea bettors challenge fees on sports-betting transactions"},"content":{"rendered":"\n
The UDCG is calling for a single levy, clearer fee rules and greater transparency over winnings and prize distribution.<\/p>\n\n\n\n\n\n\n\n
Key takeaways:<\/strong><\/p>\n\n\n\n Guinea.- Guinea\u2019s Union for the Defence of Consumers (UDCG) has called for a review of sports betting transaction fees<\/strong> exceeding 2 per cent, arguing that charges on both deposits and withdrawals could result in multiple deductions from bettors\u2019 funds.<\/p>\n\n\n\n According to Mosaique Guin\u00e9e, the fees took effect on October 1, 2026, under a decision attributed to Guinea\u2019s Gaming Regulation and Supervision Authority (ARSJPA). The report states that deposits and withdrawals<\/strong> are subject to charges exceeding 2 per cent.<\/p>\n\n\n\n UDCG president M\u2019Bany Sidib\u00e9 called for a single levy<\/strong> rather than separate charges on deposits and withdrawals. He argued that if winnings are taxed, withdrawing those winnings should not trigger an additional charge.<\/p>\n\n\n\n The consumer organisation intends to formally approach the authority to seek a review of the fee structure<\/strong> and rates, according to Journal de Guin\u00e9e. It wants the applicable rates and rules to be clearly defined and accessible to consumers.<\/p>\n\n\n\n The UDCG said it had not been consulted before the decision was introduced. It also plans to engage mobile network operators<\/strong> and electronic money providers involved in processing betting transactions to discuss how the charges are collected and explore ways to harmonise the system.<\/p>\n\n\n\n The organisation is also calling for greater transparency<\/strong> over actual winnings and prize distribution. Sidib\u00e9 said consumers should know the rules governing the allocation of funds in advance, alongside the charges applied to their transactions. <\/p>\n\n\n\n