Ghana is a robust economy in West Africa. It generates revenue from agriculture, mining, trade, and gambling. The country has a huge number of expatriates compared to other West African nations. Top bookmakers in Ghana, including Betway, have a monthly turnover of about $3.5m according to KPMG International. Ghana’s interest in online casino gambling has been on the rise in recent years. Read on to learn more about it.
Online Gambling Regulations in Ghana
The National Lottery Authority and the Ghana Gaming Commission (GGC) regulate all gambling activities in Ghana. They follow the 2006 Gaming Act 721. Previously, the Gambling Machines Decree 1973 (NRCD 174), the Lotteries and Betting Act 1960(Act 31), the Football Pools Authority Act 1961(Act 78), and the Casino Licensing Decree 1975 (NRCD 320) regulated the industry.
Ghana’s Online Casino Market
Ghana allows all forms of gambling. The number of punters who play Betway Ghana casino games has risen of late. The Internet is more affordable and accessible in many parts of the country. It has greatly contributed to the increase in active online gamblers.
The Gaming Commission has granted gaming licenses to tens of local and foreign casinos. The West African nation has over 283 online casinos. They include 18 online poker sites, 19 online bingo, 2 online DFS, 4 online lottos, 25 online mobile casinos, and 185 casinos. Many Ghanaian casinos provide mobile versions that help pundits wager on their phones. Foreign casinos have amazing graphics and a broader selection of online games compared to local online casinos.
Four Factors That Have Promoted the Growth of Online Casinos in Ghana
Ghana’s online casino industry has grown fast due to the following reasons:
Online casinos are more convenient than traditional casinos. Ghanaian punters can wager and play online games on their mobile phones. With a reliable internet connection, you can play any game at home.
Bonuses and Rewards
Traditional casinos don’t provide deposit bonuses. Most online casinos in Ghana reward new and existing clients thus gaining their trust. Besides, it helps them broaden their clientele. Some bookies offer welcome bonuses to punters, that they can use to play different online games. However, you need to meet a specific threshold when playing with a welcome bonus, to make a successful withdrawal.
Some online casinos allow gamblers to play with $10. They have a range of stakes for various games. For example, you can play certain games with $15 while others requires a stake of $100. Therefore, online casinos are more affordable compared to land based casinos.
Privacy and Security
Each pundits is concerned about the safety of their data and money. Online casinos allow them to hide their identity while competing with other players. Also, the casinos use advanced software and encryption to protect client data and transaction records.
The Gaming Commission issues foreign investors with licenses to operate online casinos in Ghana. Betway and other sportsbooks target the youth in Ghana who make up over 50 percent of the 30 million population. Improved internet connection enables them to place bets on their mobile phones. Ghana has a liberal online casino industry in West Africa.