Audio By Carbonatix
Under Act 722, the National Lottery Authority (NLA) is only mandated to license Lotto Marketing Companies and not Banker-to-Banker Lotto Operators, Agents, writers, Justice Yeboah, Editor for NDC newsletter has said.
He said the management of the National Lottery Authority (NLA) was, therefore, perpetuating acts of illegality in relation to the licensing of the Operators of Private Lotto (OPL) popularly known as "Banker-to-Banker lottery operations.
“All Private Lotto Operators, Agents and Writers are supposed to be licensed under Act 844 regulated by Act 722.
“Private Lotto Operators, Agents and Writers cannot be directly licensed under Act 722. It is only Lotto Marketing Companies which can be licensed directly under Act 722.”

In a statement on Monday, he added, “The National Lottery Authority (NLA) under the National Lotto Act 2006 (Act 722) are supposed to issue coupons to Lotto Marketing Companies to sell in exchange of Lotto Commission which is currently at 20 per cent."
He quizzes “How practically possible is it for the National Lottery Authority (NLA) to compete with the private sector Lotto Operators across Ghana?
“The poor Commission of 20 per cent to the lotto marketing companies has compelled the majority of the Lotto Companies to sell for the Banker-to-Banker Lotto Operators to attract a Commission of between 30 to 40 per cent.
The statement called on the Ministry of Finance and the National Lottery Authority to create the enabling environment for the lottery industry to sustain the various jobs that were created by the Operators of Private Lotto.
It said the recent arrest effected by the National Lottery Authority was a threat to national security and had the tendency to create unemployment in the country.
Latest Stories
-
Police seek diplomatic help to contact US woman who alleged kidnapping by masked officers
11 minutes -
Police arrest four students over Wa Technical Institute riot
21 minutes -
GACC urges stronger youth action in Ghana’s fight against corruption
24 minutes -
Ghanaian journalists trained on cross-media collaboration at SputnikPro seminar
28 minutes -
GTA and GoldBod offer visitors Gold as part of December festivities
29 minutes -
Ghanaian journalists trained on cross-media collaboration at SputnikPro seminar
32 minutes -
Energy Ministry says PURC’s 9% tariff increase needed to protect utilities and fund power investments
1 hour -
African governments urged to adopt Australia-style social media delay for children
1 hour -
Energy Ministry hits back at Minority, says 9% tariff hike modest compared to their 27%
1 hour -
Nyindam says he will consult party, constituents before deciding on Kpandai re-run
2 hours -
Kpandai chiefs urge President Mahama to intervene in election rerun dispute
2 hours -
Underfunding and GH¢12bn arrears crippling education delivery – Ntim Fordjour
2 hours -
I am not troubled; we didn’t cheat – Nyindam responds as Kpandai poll heads for re-run
2 hours -
Investment in data production strengthens governance – Deputy Finance Minister
2 hours -
High Court ruling on Kpandai will stand unless overturned by Supreme Court- Berekum West MP
3 hours
