Audio By Carbonatix
The National Lottery Authority (NLA) has reviewed commissions payable to lotto retailers on the purchase of lottery coupons and tickets from 25 per cent to 20 per cent.
A statement issued by Mr Kojo Andah, Director General of NLA, to all Lotto marketing companies, the public, and individuals said the review would take effect from Monday, March 28.
The decision by the Authority to undertake the review, followed an Accra High Court ruling on Wednesday, March 23, this year that dismissed an interlocutory injunction application filed by the Association of Lotto Marketing Companies and the National Lotto Receivers Union to restrain the Authority from reducing the commission payable to Lotto Marketing Companies from 25 per cent to 20 per cent.
The Court affirmed the right of the Authority under section 28 of the National Lotto Act, 2006 (Act 722) to review commissions payable to retailers from time to time.
The statement noted that with the introduction of the Portable Automatic Data Processing Machines, "it is the expectation of the Authority that an enabling environment would be created for retailers to earn additional income from using the machines to sell new games and also benefit from other non-lottery products."
It said: "This we believe will position the Authority to increase its revenue contributions to Government for national development".
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Amin Adam calls for review of fuel taxes as Diesel prices remain above GH¢18
6 minutes -
World Vision Ghana, Ahafo districts sign MoU for universal WASH coverage
36 minutes -
When the gold engine stutters: What Ghana’s Cedi and reserves are telling us about the new economic architecture
53 minutes -
Two reportedly die after being trapped in mining pit at Juaboso
1 hour -
Petrosol cleans up Wa Municipal Hospital, to donate medical equipment
1 hour -
KiDi brings the hits to London in sold-out UK headline concert
2 hours -
The last goodbye of Ghanaian shot dead in the US
2 hours -
MCC opens door to Ghana again as MiDA revives development partnership
2 hours -
CSIR moves to turn scientific research into jobs, national growth
2 hours -
More patrons troop in as 3rd Republic Bank-JoyNews Habitat Fair clinic enters final day stretch
2 hours -
‘If NPP was ‘insensitive’ over fuel prices, NDC must accept same description now’ — Amin Adam
2 hours -
German, Russian foreign ministers hold rare talks amid rising tensions
2 hours -
Gov’t to develop policy for Ghanaian Sign Language in education
3 hours -
Accra Academy defend ODADEƐ ’90 5-a-side title
3 hours -
Ghana risks EU gas market access over methane emissions – Expert warns
3 hours