NLA-VAG Deal Brings 20,000 Jobs

Kofi Osei Ameyaw – NLA Boss

The new National Lottery Authority
(NLA) and Veterans Administration Ghana (VAG) joint lotto, which will commence
operations this month, is expected to increase the funds going into the
Consolidated Fund from the gaming industry.

The partnership is one step expected
to stem the thriving illegal lottery operations in the country, according to
the communications department of the NLA.

According to the statement, “The new
arrangement will also create directly and indirectly 20,000 jobs across the
country as well as increase the support rendered Ghanaian veterans.”

Before the agreement with the VAG,
most of the private lotto operators and agents were operating with a licence
granted under Act 844, a law which empowers the veterans to engage in raffles
or lottery to the benefit of its membership.

However, the NLA-VAG partnership
gives the NLA the sole authority to operate, manage and regulate VAG lotto.

Lacking the technology,
infrastructure, machinery and resources to operate, manage and regulate
VAG lotto, and, therefore, depending on third parties who were also abusing the
lottery regulations and further impoverishing the veterans, VAG agreed to this
new arrangement.

The licence issued by VAG to the
aforementioned private lotto operators and agents came to an end on November
2018.

According to the statement, “It is
only duly licensed lotto marketing companies and private lotto operators and
agents that would be allowed to participate in the VAG lotto in strict
accordance with the terms and conditions as contained in their respective
licences.”

“Furthermore, necessary actions
would be taken by the authority to clamp down on all unlicensed lotto operators
and agents across the country.”

The VAG lotto will bring an additional revenue stream to the Consolidated Fund as well as ensure the creation of over 20,000 jobs directly and indirectly.

By A.R. Gomda



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