Ghana Will Tax Gambling Winnings

This week Ghana's Revenue Authority announced that it will be withholding taxes on gross gaming winnings from punters, taking in 10% on each win generated.

The move will take the place of the 15% VAT tax that was currently in place for every wager placed. The Ghana Revenue Authority has warned gambling operators that they'll face repercussions if they don't comply with taking out the tax for punters. These measures could include having licences revoked or stiff financial penalties.

Gambling is growing in popularity in Ghana, with bet365 notably launching their sportsbook last November. There are a number of sportsbooks in operation in the country, and as more gamblers get access to the internet in the country, it's likely we'll see more books entering the market.

About the author

Kingston Li // Asia Correspondent
Kingston Li
Kingston is a big fan of Baccarat and Texas Hold'em Poker and has tested his skills in tournaments around Asia and the world. He covers the latest gambling news from Asia for Casino Listings. In his spare time, Kingston enjoys hiking, video gaming, and playing disc golf.

Comments

Post new comment

There are currently no comments on this page. Be the first!

Login using your social network account
Or log in with a Casino Listings account

Login or register to post comments

Registering for an account takes less than a minute and you will be brought right back here to comment afterwards.