NLA Settles GH¢9m Unpaid Wins

0
821
The Director General of the National Lottery Authority, Mr. Samuel Awuku delivering his remarks during the press briefing

The new management of the National Lottery Authority (NLA) has paid about GH¢ 9million out of GH¢ 15million of unpaid wins which was inherited from the previous administration.

This according to the authority represents 60 per cent of such unpaid wins over the period.

The Director General of the NLA, Mr Sammy Awuku, disclosed this at the State of the Agency briefing, organised by the Ministry of Information, in Accra today.

 “I met a debt of about GH¢15,000.000.00 in unpaid wins on the assumption of office. As of now, we have cleared a greater part of the debt and we continue to make efforts together with management to clear the outstanding debt”, the Director of NLA said.

He noted that to avert a pile-up of win payments, the authority had developed the In­stant Pay *389*1000# for players to instantly redeem wins of up to GH¢ 1,2000 after the draw.

“In partnership with our Corpo­rate Lotto Marketing Companies (LMCs), we have also instituted Prize Payment Centres in our re­gional offices nationwide for wins up to GH¢ 12,000.00,” he said.

Mr Awuku mentioned that the author­ity had renegotiated its deal with KGL -KGL Group from GH ¢25,000,000.00 in 2021 to GH¢55,000,000.00.

He stated that out of the amount, GH¢ 2,00,000.00 was used in support­ing the authority’s Good Causes Foundation and GH¢3,000,000.00 for the Stabilisation Fund for our LMCs.

“In addition, we have renegotiat­ed the deal to GH¢ 65,000,000.00 for 2023 as part of the partnership deal,” Mr Awuku explained.

The Director-General said the NLA was exporting its games to other countries for royalties, stress­ing that “My initial trips to Ivory Coast and Nigeria will now pay off as both countries will soon pay us royalties of GH¢18,000,000.00 and GH¢13,000,000.00 respectively, for drawing our games online through KGL Group.”

He mentioned that as a result of the deal, the NLA was expected to receive GH¢ 92, 0000,000.00 from the KGL Group this year.

Mr Awuku added that the NLA had also begun engagements with Burkina Faso and Niger to trade its games and collaborate with those countries.

Touching on its operations, he said that as part of measures to sanitise the lottery space and generate revenue for national development, the NLA management continued processes began by his predecessor.

These he said included; li­censing Private Lotto Operators annually, adding that “Operators who want to operate under the framework of the National Lotto Act, 2006 (Act 722) pay a sum of GH¢1,500,000.00, while those who operate under the Veterans Ad­ministration Ghana Act, 2012 (Act 844) pay a sum of GH¢500,000.00 since we have their franchise to operate their games.”

In addition, Mr Awuku said Pri­vate Lotto Operators (PLOs) were also required to pay a fixed figure to support their Good Causes Foundation.

He said the authority had signed on new third party collaborators as part of measures to rake in more revenue and innovative and excit­ing games.

“We are also in talks with Su­preme Ventures, the biggest lottery operator in the Caribbean, together with their local partner, who will introduce exciting new games that are not 5/90 in nature or form,” Mr Awuku indicated.

Source: MOI (PR Unit)

LEAVE A REPLY

Please enter your comment!
Please enter your name here