Business & Finance

KGL Technology Emerges Highest Revenue Source to NLA, Outperforming 29 Licensed Operators – Report

KGL Technology Limited has been found to be the highest revenue source for the National Lottery Authority (NLA) contributing a total of GH¢173.36 million in the 2025 financial year, significantly exceeding the combined GH¢44.9 million paid by 29 other licensed collaborators and private lotto operators, according to latest findings.

The findings were published amid ongoing allegations by the Fourth Estate regarding the NLA’s contractual relationship with KGL to the effect that the private firm has shortchanged the nation in its contractual agreements.

According to the latest report cited by Opemsuo Radio, the NLA has licensed more than 30 private operators and collaborators under existing provisions of Act 722 and related regulations contradicting claims that KGL enjoys a monopoly within the lottery industry.

The report listed KGL as the highest contributor to the NLA in 2025, raising a whoping GH¢173.36 million.

Other notable contributors included Luma Facilities Trading Ltd, which paid GH¢4.14 million; Afrilotto Systems Ltd, GH¢3.56 million; Game Park Ltd and Zeta Technologies Ltd, each contributing GH¢2.63 million; and Fortune Synergy, which paid GH¢2.4 million.

The report indicated that the total payments made by the 29 licensed operators amounted to GH¢44,900,161.23, considerably lower than KGL’s contribution of GH173.36 in the year under review.

It further stated that three operators—SB Business Ventures, Best Chance Lottery Company and Diblo Lottery—were yet to make payments to the NLA for the 2025 financial year.

The report criticised what it described as a selective focus on KGL in discussions surrounding revenue mobilisation at the NLA, arguing that a broader assessment of the lottery sector is necessary to determine the factors affecting the authority’s financial performance.

It also welcomed government’s decision to establish a committee to review issues affecting the NLA and called for a comprehensive examination of all contracts involving private lotto operators, collaborators and technical service providers.

There have been calls for reforms within the lottery industry to be extended beyond a single operator and include a review of existing contractual arrangements, payment structures and relevant legislative frameworks, including Act 722 and Legislative Instrument 1948.

The report maintained that improving revenue generation for the NLA would require industry-wide reforms and greater accountability among all licensed operators.

Story by George Addo

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