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Sunday, September 15, 2024
NewsNLA commends GLOA, PLOs for adhering to 20% lotto commission

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NLA commends GLOA, PLOs for adhering to 20% lotto commission

Management of the National Lottery Authority (NLA) has lauded the Executives of the Ghana Lotto Operators Association (GLOA) and the Private Lotto Operators (PLOs) for complying with the directive on the payment of lotto commission.

The NLA earlier issued a directive informing the Executives of GLOA and all PLOs, to ensure the payment of a 20% lotto commission effective October 14, 2022.

The rate of the lotto commission was determined by the Board of the National Lottery Authority and agreed by the PLOs, pursuant to Section 28 of the National Lotto Act, 2006 (Act 722).

In a press release, the NLA noted that it has taken cognizance of the publications by GLOA and PLOs instructing their Writers to comply with this directive or forfeit their license thus “highly applaud GLOA and the PLOs for enforcing this directive.”

A statement signed by the Secretary of GLOA, Seth Asante Amoani, with regards to the implementation of the Lotto Commission read “In line with the directive from the NLA, the executives and members of the Ghana Lotto Operators Association (GLOA) and Private Lotto Operators (PLO) wish to bring to the attention of its writers that payment on lotto commission is twenty percent (20%) effective 14th October 2022.”

Members of GLOA and PLO  who assented their signatures in compliance with the lotto commission determined by the Governing Board of NLA include; Rand Lottery, Vision 2020, Asare Original Lotto, Alpha Lotto, Miwor Kakra Yebedi Nti Lotto, Makafui and Sons CO. Ltd., Accurate Giant, Home Co. Limited, Lotto & Lotteries Co. Ltd.

The rest are; Obiri Lotteries, Zinbax Construction & Lottery Services, Wulucky Ghana Limited, Zacdow Company Limited and Sadaco Business Brothers Ventures (SBBV).

Despite the GLOA and PLOs willingness to ensure the commission is implemented, the NLA has decided to deploy its task force in conjunction with the security services nationwide, to ensure full compliance with the payment of the commission.

Lotto operators who fail to implement the 20% commission risk having their license revoked or banned from operating for a minimum of five years.

Source: The Independent Ghana

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