Ghana’s New NLA Board Tasked with Enhancing Revenue and Combating Illegal Lottery Operations
The Government of Ghana has inaugurated a new board for the National Lottery Authority (NLA), charging it with the dual mandate of boosting revenue and curbing the proliferation of illegal lottery operations. This initiative aims to strengthen the NLA's capacity to contribute significantly to national development through enhanced financial performance and regulatory enforcement. Mandate to Enhance Revenue Generation The newly constituted NLA board is expected to implement innovative strategies to maximize revenue. This includes leveraging technology to modernize lottery operations, expanding the range of lottery products, and improving operational efficiency. The board's efforts are crucial in reversing the declining trend of NLA's contributions to the Consolidated Fund over recent years. Combating Illegal Lottery Operations Illegal lottery operations have been a significant challenge, with estimates indicating that Ghana loses approximately GH¢1.2 billion annually to unlicensed operators. The new board is tasked […]