VAG Lotto To Stop Illegal Lottery

 

The National Lottery Authority (NLA) has announced plans to address illegal lottery operations in the country.

 

Consequently, a statement issued by the Public Relations Unit of NLA in Accra yesterday disclosed that the NLA was copiously set to launch and operate the Veterans Administration Ghana (VAG) Lotto starting from this month (July).

 

According to the statement, the move was in accordance with an agreement with the Veterans Administration Ghana.

 

“Before the agreement with the Veterans Administration Ghana, most of the Private Lotto Operators and Agents were operating with a license granted under Act 844, a law which empowers the Veterans to engage in raffles or lottery to the benefit of its membership,” it said.

 

However, it indicated that the NLA-VAG partnership will give the National Lottery Authority the sole power to operate, manage and regulate VAG lotto.

 

The reason, the statement explained, was because the Veterans Administration Ghana lacked the technology, infrastructure, machinery and resources to operate, manage and regulate VAG lotto, and, therefore, was depending on third parties who were also abusing the lottery regulations and further impoverishing the veterans.

 

“The license issued by VAG to the aforementioned Private Lotto Operators and Agents came to an end on November 2018,” the statement disclosed.

 

“It is important to state that, only duly licensed Lotto Marketing Companies and Private Lotto Operators and Agents would be allowed to participate in the VAG Lotto strictly in accordance with the terms and conditions as contained in their respective licenses.”

 

The statement said it was needful for NLA to employ further actions to clamp down on all unlicensed lotto operators and agents across the country.

 

“The VAG Lotto will bring an additional revenue stream to the Consolidated Fund as well as ensure the creation of over 20,000 jobs directly and indirectly,” it said.

 

 

Story: Ato KEELSON

 

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