In this exclusive interview, Dr. Boateng shares his insights on the sector’s growth potential, the impact of recent policy changes, measures to ensure responsible gaming, and the ongoing fight against illegal operators, while outlining GHASBO’s priorities for building a sustainable and well-regulated market.<\/p>\n\n\n\n
In 2024, Ghana\u2019s online gambling industry was said to be worth approximately US$57m and projected to grow to US$74m by 2029. How do you see things at the moment, based on the current conditions? Do you think this projection is realistic?<\/strong><\/p>\n\n\n\n There are some grey areas that certain companies are trying to exploit. This came about with the imposition of the withholding tax and other issues; some punters were attempting to dodge these taxes, and as a result, the industry was losing some ground to outsiders instead of expanding internally.<\/p>\n\n\n\n That said, I believe growth will happen<\/strong>. Every year, more people in Ghana reach the betting age, and with unemployment challenges, many see betting as a way to gain some advantage. Given these factors, I can foresee the growth of the industry, if not beyond what is projected.<\/p>\n\n\n\n Of course, responsible gaming is essential. Growth must not come at the cost of negative consequences.<\/p>\n\n\n\n “Responsible gaming is essential. Growth must not come at the cost of negative consequences.”<\/p>\n\n\n\n Dr. Kobby Boateng, president of the Ghana Association of Sports Betting Operators (GHASBO).<\/p>\n<\/blockquote>\n\n\n\n We’ve seen the recent repeal of the 10 per cent tax on betting and lottery winnings. What are the consequences of that?<\/strong><\/p>\n\n\n\n The repeal has been very positive \u2014 for operators, for the government, and for customers. Customers were being taxed on their own earnings, which was not well-received. Now, don\u2019t forget that operators still face a 20 per cent GGR tax<\/strong>, which remains, but the removal of the winnings tax has greatly boosted customer engagement.<\/p>\n\n\n\n Tell us about the measures GHASBO is undertaking to promote responsible gaming.<\/strong><\/p>\n\n\n\n It’s imperative that all operators promote responsible gaming across their platforms<\/strong> \u2014 advertising the correct age for participation, and implementing verification systems. We use KYC procedures to prevent underage gambling, and soon the National Identification Authority (NIA)<\/strong> will be directly involved in the verification system, moving beyond third parties.<\/p>\n\n\n\n We also offer self-exclusion tools and deactivation options on certain platforms, so that customers can take control if they feel they’re developing a problem. Additionally, we limit deposits and work closely with those who seek help. Together with the Gaming Commission, we are developing a 24-hour support line with designated doctors to provide consultation for those facing gambling-related challenges.<\/p>\n\n\n And when it comes to challenges posed by technological advances in the fight against illegal gambling, how do you stay up to date?<\/strong><\/p>\n\n\n\n\n
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