Skip to main content

NLA licenses 5 private sector lotto operators

The National Lottery Authority (NLA) signed a partnership agreement with the Veterans Administration, Ghana (VAG).

The agreement gave NLA the sole power to regulate, manage and supervise the operations of VAG lottery to contribute to the overall well-being of Veterans in the Country.

Based on the collaborative agreement between the NLA and Veterans Administration, Ghana, the National Lottery Authority has granted Licenses to the Lotto and Lotteries Company Limited, Alpha Lotto Limited, From Home Company Limited, Vision 2000 Company Limited and Rand Lotto under Act 844

The licensing of the qualified operators were done under the approval of the Board of the Authority.

The operators would operate the lottery under Act 844 regulated by the Authority in accordance with Act 722. 

All the operators together with their agents, sub-agents and ‘writers'(retailers) shall use Point of Sale terminals to sell all lottery products as part of the terms and conditions of their respective contracts.

Each operator shall obtain a Security Identification Embossment to affix on the respective Lotto kiosks of their agents, sub-agents and ‘writers'(Retailers).

 

The Operators would operate strictly in accordance with the terms and conditions stated in their contracts.

According to the NLA, “henceforth, any lotto operator, agent,  sub-agent and ‘Writer'(Retailer) who pays outrageous commission above the approved Commission by the Authority would be dealt with in accordance with Act 722, L. I. 1948 and Section 22 of Act 844.”

Authority reiterated that “it is unlawful under Act 722, L.I. 1948 and Section 22 of Act 844 to manufacture, distribute, sell or retail lottery products and services without authorization from the National Lottery Authority (NLA).”

Accordingly, all those engaged in illegal lottery operations would be arraigned before Lotto  Courts across the Country inaugurated by the Chief Justice of Ghana.

The lotto courts aim at ensuring the prosecution of lotto-related offences, compliance, and enforcement of Act 722, L.I. 1948 and Section 22 of Act 844.

However, the Authority would like to inform the general public that the list of licensed lotto marketing companies under Act 722 would be published soon.

 

Also, the second batch of licensed private sector lotto operators under Act 844 would be published.

Comments

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...