Browsing Tag

Gambling

Inside the Chinese-led gambling epidemic in rural Ghana

In Zamashegu, a farming community of 1,000 people in northern Ghana, they may as well have come from outer space — four electric slot machines installed in two roadside shacks, chirping and clattering, bathing the packed-dirt walls in a…

Kenya to raise tax rate on gambling to 35 percent

Kenya's president signed a law on Wednesday that raises the tax rate on gambling but sets it at a lower rate than had originally been proposed. The law will impose a tax of 35 percent of gross profits on all gambling. Until now, lotteries…

Ghana alarmed by surge in gambling among youth

Ghana has for many years now struggled to create economic opportunities for its teaming youth many of whom are unemployed, but it now has another emerging threat to fix which is the surge in gambling among the youthful population.