Bosomtwe): Mr. Speaker, I urge hon. Members to support this Bill when it comes to the point of passing it.
Mr. Speaker, the world over, lotto
business has always been under the ambience of the Government as a means of raising revenue. Unfortunately, in this country, the lotto operating business is under the private sector and as a result the Government is losing huge sums of revenue which could have gone into the development of this country.
Mr. Speaker, the current Bill in its
form, if passed, is not going to give total monopoly to the Government but rather partial monopoly or what I will term Government-Private Sector Partnership. Mr. Speaker, monopoly of the Government
will be in the printing of the booklets, drawing of the numbers and then payment of winnings.
Mr. Speaker, the current structure of the private lotto operators will not change significantly apart from the fact that they cannot print their own booklets, draw their own numbers and also make payments to lucky winners. They are going to take full charge of the retailing outlets of the lotto business in the country and if this is properly implemented, it is going to help increase employment and income. Thus, income and employment generation, so far as the lotto business is concerned, are going to increase.
Mr. Speaker, why do I say this? Let
us take practical example like Super 06. Currently, maybe, Super 06 is selling its own booklets. But if the law is passed, what is going to happen is that a dealer of Super 06 can sell all the products of all the other licensed lotto operators. For instance, currently, with the communications sector, you can enter one shop and one person will be selling Areeba, Onetouch, Kasapa and Tigo products, et cetera. By so doing, it is going to create more employment and then the income generating capacity of people who are going to sell or retail the lotto booklets is going to increase in the sense that they will have a wider range of sales of the booklets.
Again, Mr. Speaker, even these licensed private lotto operators would also have the chance to develop their own product and for doing so, the National Lotto Authority will pay them on commission on the net returns that would be obtained from the product so designed -- Mr. Speaker, once this Bill is passed, it would increase revenue to the Central Government and