Ghana regulated sports betting in 1960 and Ghanaians started to bet on their favourite teams either in-person or online. When in Ghana you can bet on football, ice hockey, cricket, tennis, and basketball, besides others. The currency of Ghana, Cedi, is not available at most betting sites online, however, one can opt to bet using other currencies including pounds, euros and dollars.
More than 20 sports betting companies are operating in Ghana and more companies will be opening up soon due to it being safe and the development of the country.
Moreover, the government does not impose any legislations that relate to sports betting. This is why it is even more important to be careful with which casino you sign up with and always make sure to check that the casino is reputable and established.
When it comes to the legislation, The Lotteries Betting Act 1960 was the first one that allowed sports betting in Ghana. Following, one two legislations, the Gambling Machines Act 1973 and the Casino Licensing Act 1975, have passed. The latest legislation was The Gaming Act of 2006, in which betting in Ghana was made legal and appointed the Ghana Gaming Commission responsible for regulating the sports betting.
This allowed gambling providers to open up their establishments in Ghana without harsh regulations. This means that such companies will not be heavily taxed but put the players at a much greater risk since companies are not obliged to protect the bettors. Moreover, the legislation does not limit where and how much the company can advertise their services.
You can find many Ghana betting sites online, especially since there is not much legislation about betting and where Ghanaians can place their wagers. Also, online betting sites offer much better options and promotions than the land-based shops.
As many residents get access to an internet connection, sports betting sites will continue to increase. MrCasinova.com’s list of online casinos will provide you with safe and recommended sites where you can bet. You can also benefit from welcome promotions and offers.
The largest markets in Ghana are Accra and Kumasi where more than 540,000 people reside. However, betting on local football is considered popular all over the country. Many providers will offer you with special offers when supporting the local team, especially within the Ghana Premier League.
Following the local league, the English Premier League and the Spanish La Liga are considered most popular. In low-income areas of Ghana, boxing is considered as a popular sport to bet on. These include bets on major world championship fights and local matches where up-and-comers participate.
The popularity of Sports Betting increased exponentially during this time of COVID-19. Many Ghanaians turned to sports betting in times of unemployment and as a way to supplement income. Many turned to bet on football since it is believed that it is the fastest sport that will make you rich.
However, when all sports and major events had to stop, sports betting took a hit. Revenue that was brought into the Ghana economy as well as Ghanaians who relied on their winnings were greatly affected. As sports events are starting to return, legal sports betting is slowly making its appearance again.