Reduced Licensing Fees
Successfully advocated to reduce the sports betting license fee in 2023, bringing it down from $400,000 to $120,000, making compliance more accessible for operators.
Compliance Oversight and Checks
Established regular compliance checks on operators to ensure all members adhere to industry regulations, fostering accountability across the sector.
Annual Regulatory Compliance Workshop
Hosts yearly workshops aimed at reinforcing regulatory standards, educating operators, and ensuring continuous improvement in compliance practices.
Combating Illegal Operations
Collaborated with the Gaming Commission to eliminate illegal operators from the market, promoting a fair and lawful environment in Ghana’s sports betting industry.
Assistance in Tax Implementation
Worked closely with the Ghana Revenue Authority (GRA) to implement key tax initiatives, including the Gross Gaming Revenue (GGR) tax and Withholding Tax, securing vital revenue for the country.
Guidance on Tax Documentation
Provided expertise to the GRA in drafting the Practice Note for the sports betting industry, ensuring clarity and consistency in tax practices for all stakeholders.
Capacity Building for Stakeholders
Supported capacity-building efforts for the GRA and other stakeholders, equipping them with the skills and knowledge to navigate the complexities of the sports betting sector.
Monitoring System Implementation
Currently aiding in the development and implementation of a monitoring system for the GRA to enhance oversight and operational transparency within the industry.
Promotion of Responsible Gaming
Partnered with the Gaming Commission to promote the Gaming Awareness Month, an initiative aimed at fostering responsible gaming habits across Ghana.
Support in Digital Security
Helped a GHASBO member regain control of their website after it was cloned, demonstrating our commitment to safeguarding the online presence and digital security of our members.
Support for Licensing and Compliance
GHASBO continues to guide operators through the licensing process, ensuring compliance with national regulations and reinforcing ethical practices in the industry.
Event Organization and Support
Played an instrumental role in organizing and supporting industry events, facilitating networking, and fostering collaboration among stakeholders.
Guidance in Forming Associations
Assisted operators in establishing new sports betting associations both locally and internationally, broadening the reach of GHASBO’s network and influence.
Advertising Platform
Launched an advertising platform on GHASBO's official website, enabling members and related businesses to reach their audience effectively.
Collaboration on Special Initiatives
Engaged in special initiatives with national organizations aimed at enhancing regulatory oversight and accountability, ensuring a sustainable and well-regulated sports betting environment.