26th September 2023 3:09:28 PM
2 mins readThe Moderator of the Presbyterian Church, of Ghana, Rt Rev. Prof. Joseph Obiri Yeboah, has expressed concern over the growing addiction to sports betting among the youth. Rev Mante emphasized the church's responsibility in addressing this issue to promote discipline among young people.
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He made this call during the dedication ceremony of the Daniel Ntow Obese Children and Youth Resource Centre for the Unity Presbyterian Congregation in Nkanfoa, Cape Coast, as reported by the media.The media reports that Rt Rev Mante lamented the challenges facing the youth and observed that sports betting has “left many of them in pain and poorer as betting companies continued to cash in on their vulnerabilities.
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”Over the past decade, Ghana's betting industry has experienced significant expansion, attracting numerous betting companies to establish their presence in the country.Others also believe that betting is legal and a legitimate means of earning income, and thus cannot be deemed a negative practice when no laws are violated.
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Meanwhile, in August, the Ghana Revenue Authority formally implemented a 10% withholding tax on all betting, games, and lottery winnings.This action came in response to the government's amendment of the Tax Act, which introduced withholding tax on proceeds from sports betting and lotteries.
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<img alt="" class="wp-image-565267"/>In recent years, sports betting has sparked debates among Ghanaians, with some expressing concerns about its adverse impacts on the youth, such as addiction.Others also believe that betting is legal and a legitimate means of earning income, and thus cannot be deemed a negative practice when no laws are violated.
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Meanwhile, in August, the Ghana Revenue Authority formally implemented a 10% withholding tax on all betting, games, and lottery winnings.This action came in response to the government's amendment of the Tax Act, which introduced withholding tax on proceeds from sports betting and lotteries.
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