Challenges posed by unregulated gambling activities in Ghana - Ghana Business News

Ghana has become a leading market for sports betting in Africa. In 2024, the participation rate reached 41.7%. The gambling industry is regulated by Ghana's Gaming Commission. It includes 25 licensed sports betting operators, 12 online casinos, and 24 physical casinos.

Online casinos are highly regulated to protect operators and consumers. However, unregulated gambling activities remain a significant issue in the country.

**Economic Impact of Unregulated Gambling**

Unregulated gambling has serious economic consequences. Unlicensed operators use technologies like VPNs and cryptocurrencies to bypass laws. This undermines the gambling industry's integrity and deprives the government of tax revenue. The Ghana Association of Sports Betting Operators (GHASBO) warns about substantial tax losses from "black sites."

To combat these issues, the Gaming Commission has enacted strict zoning laws. These laws prevent betting facilities near schools or religious institutions. Violators face severe penalties to protect vulnerable populations. Additionally, the Commission has blocked access to 11 unauthorized gaming websites.

**Social Consequences and Youth Vulnerability**

The social effects of unregulated gambling are alarming. Research shows that one in five young people aged 16 to 25 exhibit problem gambling behaviors. This is often linked to financial instability and mental health issues. Increased mobile internet access makes it easier for youth to access gambling platforms.

Transnational companies target young people with aggressive marketing strategies and sponsorships of sports events. Despite calls for responsible gaming frameworks, Ghana lacks strong regulations and public awareness campaigns.

**Collaborative Efforts and Regulatory Measures**

There is a growing need for collaboration between regulators and industry operators. Workshops like the Betway Regulatory Compliance Workshop promote joint efforts against illicit activities. These initiatives aim to maintain the integrity of the gaming industry.

The Ghanaian government plans to abolish the 10% tax on betting winnings. This move aims to encourage players and support licensed operators while reducing discouragement in legal gambling.

**The Path Forward: Comprehensive Strategies Needed**

Ghana must develop comprehensive strategies addressing both economic and social challenges posed by unregulated gambling. Strengthening regulatory frameworks will help curb tax evasion and secure revenue for national development.

Public awareness campaigns are essential to educate youth about gambling risks. Mental health support systems should assist individuals struggling with addiction as well.

Partnerships with educational institutions can further enhance these efforts, creating supportive networks for those affected by gambling issues.

In conclusion, while Ghana's gambling industry offers opportunities, it must address unregulated activities through effective measures and collaboration. By protecting economic interests and social well-being, Ghana can build a sustainable gaming industry that benefits everyone involved.