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Stop betting promotion — ICS warns presidential aspirants

Source The Ghana Report

The Institute of Community Sustainability (ICS), has expressed concern about the betting promotion by political figures in Ghana as a solution to unemployment.

In a statement issued on Tuesday, August 13, the Executive Director of ICS, Eric Jerry Aidoo, described the endorsement of betting in political campaigns as “misguided and potentially harmful”, warning of the dangerous consequences on society.

Mr. Aidoo highlighted the addictive nature of betting, which can lead to serious consequences like theft, imprisonment, and violence.

He compared Ghana’s approach to that of many European countries, where high taxes—sometimes up to 30%—are imposed to discourage betting due to its recognized risks.

He noted that Ghana’s mental health infrastructure is not prepared to handle a potential increase in betting addiction that could result from its promotion in political discussions.

Additionally, he emphasized the need to focus on sustainable solutions for unemployment rather than short-term fixes that could have long-term negative impacts on individuals and communities.

“We must discourage betting in political campaigns and focus on initiatives that promote economic growth, development, and the well-being of our communities,” Aidoo urged policymakers. “Let’s work together to create a more sustainable and equitable society for all Ghanaians.”

In August 2023, the Akufo-Addo government introduced a 10% withholding tax on betting and lottery winnings.

However, it has faced stiff resistance from the youth of Ghana, who have expressed their disapproval.

Presidential candidates from Ghana’s two largest parties—Vice President Dr. Mahamudu Bawumia of the New Patriotic Party and former President John Dramani Mahama of the National Democratic Congress—have both opposed the betting tax.

They have promised to remove it if elected in the 2024 election.

Dr Bawumia plans to implement new tax reforms to create the fiscal space needed to eliminate taxes like the betting tax and the emissions tax.

Meanwhile, Mahama has pledged to explore alternatives to the controversial betting tax.

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