Skip to main content

Ban on Sports betting: Livelihood of youth at risk?


Bechem United President, Kingsley Owusu Achau, says a total ban on betting on the Ghana Premier League (GPL) is the only means to eradicate match-fixing in the top flight.

Achau insisted that if the Ghana Football Association (GFA) was serious about stamping out match manipulations in the domestic league, then it should consider making it illegal to use its product for betting.

According to him, manipulation of the outcome of games still persists in Ghana football and the only way to eliminate it is to follow the example of muslim countries by imposing a ban on the use of the local league by the betting companies for their activities.

We have not been able to stamp it out so I made a proposal that the FA could ban it so that no one can use our product as it is done in some muslim nations such as The Sudan and some other places where you cannot use their league for betting,” he added.

Almost all muslim majority countries ban betting on religious grounds. The United Arab Emirates, Kuwait, Jordan, Lebanon, Brunei, Somalia, Sudan, Egypt, Indonesia, Qatar, and Lebanon all have an official ban except in casinos.

There are roughly 60 million Nigerians aged between 18 and 40 involved in active betting, according to research firm, Research and Markets. The Gaming industry in Nigeria is $126 million and rising. This has also attracted many a youth to venture.

According to the World Bank’s 6th Ghana Economic Update titled “Preserving the future: rising to the youth employment challenge,” released in July 2022, Ghana’s youth has grown rapidly and now represents 36 per cent of the population.

The economy’s strong growth performance in the past 30 years has however not delivered enough jobs for them, it adds

The National Population Census in 2021 found that approximately three-quarters of unemployed adults were ‘young’.

The report notes further that while governments have created multiple policies and programmes to address youth unemployment over the years, the many programmes aimed at helping the youth have often fallen short of the massive needs.

Available data on the number of Ghanaians involved in sports betting is from research on Internet penetration in Ghana published in September 2022 by Hootsuite and We Are Social – two of the globally recognised social media management platforms.

The study says Ghana’s Internet population stood at 16.99 million, constituting 53 per cent of the total population as of the first quarter of 2022.

The research also found that about a 11.18 million people in Ghana used the Internet to access sports betting sites, 10.79 million used it to access news sites, 10.68 million for social media sites while only 2.57 million used it to visit informational sites.

In May last year, two premier league clubs, Inter Allies and Ashanti Gold were demoted for playing a fixed match.

Apparently, some leaders and players of these two clubs connived to place bets on the match and expected a particular score line.

Subsequently, investigators found out the act after intercepting WhatsApp messages of some of those involved and meted out punishments accordingly. 

Not forgetting our own Ghana Premier League where pundits and punters converge on any match they have an interest in and place bets to win some cash. Bettors and punters in the country, comprising many of the youth, have taken to sports betting to fend for themselves, their wives and children and others their families.

The call now to ban this business will not only impact the lives of many youth in the country but adversely affect the economy of the country.

The Graphic Business met up with three punters at Russia, near Dansoman a suburb of Accra to know their take on the ban.

These three, known by their first names, Akwasi, Neequaye and Kotey, told the Graphic Business that their livelihoods and that of their families will be greatly affected should the Gaming Commission, which regulates these betting companies, goes ahead to ban the activity.

Sometimes, in a week, I can win between 2000 and 4000 Ghana cedis and that takes my kids to school, gives my wife ‘’chop money’’ for the week and takes care of my sick mother,” Neequaye told the Graphic Business.

Banning these sports betting business will also see the loss of jobs of employees who work at these betting sites who again are mostly the youth and the socially marginalised in the country.

There are many betting companies that has flooded the length and breadth of the country. Namely Supabet, BetKings, Betway, Bet365, 22bet among others.

Their contributions to the economy are yet to be fully assessed and quantified. 

But on the surface of it, they contribute their quota to the economy of the country. It is gainsaying to acknowledge their presence, importance and value in our current generation. Their vices should be curbed and excesses must be checked. However, a wholesale ban will throw the youth back into the streets for all sorts of deviant behaviour and bad tendencies. Those calling for the ban on sports betting must think again and appreciate a broader view of its existence in contemporary modern life.

What is sports betting business?

Let’s start by explaining what it is all about for those who may not be conversant with the sports betting business. 

This is a business where punters can place bets on various sporting events. It can be an online venture through a betting exchange or a bookmaker.

As a way of diversification, the business can be offered alongside other services such as providing tips to those who will bet.

From the onset, it is essential to know that the business can be very lucrative and risky at the same time.

Over the past decade, many youth have found solace in sports betting and making a living out of it. On Saturdays and Sundays or Tuesdays, Wednesdays and Thursdays in Ghana, many youth throng betting sites, cinema halls and other places they could find to watch either the English Premier League, Spanish La-Liga, French Ligue 1 or the Bundes Liga.

Those calling for the ban on sports betting must rethink their position and rather opt for the enforcement of the law that prevents those below 18 years from betting.

The authorities must also tighten the various mechanisms to avoid manipulation.

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of