The Moderator of the Presbyterian Church of Ghana Rt Rev. Prof. Joseph Obiri Yeboah Mante has raised concerns about the massive inclusion of the youth in sports betting indicating it is a worrying situation.
He made the statement during the dedication of the Daniel Ntow Obese Children and Youth Resource Center for the Unity Presbyterian Congregation at Nkanfoa in Cape Coast.
According to Graphic Sports, “He observed that the situation had left many of them in pain and poorer as betting companies continued to cash in on their vulnerabilities.”
This development comes in the wake of a recent debate that ensued among Ghanaians following the Ghana Revenue Authority’s implementation of a 10% withholding tax on all winnings from betting, games, and lotteries in August.
This change followed the government’s decision to amend the Tax Act, introducing withholding tax on such winnings from sports betting and lottery.
Further arguments have emerged about the impact of betting on the youth with many condemning the act as one for lazy fellows who seek to make wealth with little effort. Meanwhile, ardent tipsters and punters have justified their choice with many citing unemployment as the m,ain reason for their actions.
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