By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Hot Fm Ghana
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Audio Downloads
  • Videos
  • Hotfm TV
Reading: Israel Adesanya Win: 270,000USD As Tax To Government -Drake’s Stake Win
  • Follow Us
Hot Fm GhanaHot Fm Ghana
Font ResizerAa
Search
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Audio Downloads
  • Videos
  • Hotfm TV
Follow US
© 2024 Hot FM Ghana. All Rights Reserved | Powered By: WeWrite Technologies.
Hot Fm Ghana > Opinions > Israel Adesanya Win: 270,000USD As Tax To Government -Drake’s Stake Win
OpinionsTop stories

Israel Adesanya Win: 270,000USD As Tax To Government -Drake’s Stake Win

WeWrite Ghana
By WeWrite Ghana
Published: April 9, 2023
Share
SHARE

Canadian-born musician, Drake, wins $ 2.7 million after placing two huge bets on Israel Adesanya to defeat Alex Pereira at UFC 287.

Adesanya, a Nigerian-born New Zealander, reclaimed the 185lb title just five months after losing it to his long-standing adversary Pereira, who had previously defeated him twice in kickboxing.

Meanwhile, the Ghanaian Government immediately taxes $270,000 should the Betting and Lottery Taxation bill be passed if the Drake-like winner staked in the country.

The government of Ghana is set to introduce a new 10% tax on all betting, games and lottery wins.

Also, MyJoyonline published that the Government is expecting that the implementation of these bills will aid it in generating the revenue needed to secure the IMF deal, as well as improve the revenue situation of the country.

The components include a 10% withholding tax at the point of payout deduction from winnings from lotteries, sports betting, and games of chance.

However, social media users and punters have criticised the government’s findings on handling the economic crises bestowing the country.

 

You Might Also Like

Video: Maxwell Konadu Pays Tribute To Late Hot FM’s Journalist Bigality
Fire outbreaks spark public outcry; Fire Service calls for hydrant access
Utility Tariffs Up; 29.96% For Electricity, 8.3% For Water
Individuals Without Ghana Card SIM Not Blocked – Ursula Scrutinizes
You Can’t Call Anyone A Witch In Ghana; It’s a Crime – Parliament
Share This Article
Facebook Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

More Popular from Foxiz

EntertainmentTop stories

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

By Angela Marfo
2 Min Read

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

By Angela Marfo
PoliticsTop stories

Legal battle far from over as NDC eyes review after Kpandai ruling

By Reagan Mends
2 Min Read
- Advertisement -
Ad image
EntertainmentTop stories

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

It was learnt a few weeks ago that Veteran Ghanaian actor and comedian, Prince Yawson, popular…

By Angela Marfo
Entertainment

I’m a Kumerican Hollywood Superstar – Lil Win

Ghanaian entertainer Lil Win is doing some crazy stuff to help the new Kumerica movement stay on top…

By Angela Marfo
News

Wassa Fiase: Chiefs Demand Reinstatement of Odeneho Akrofa Krukoko II

Chiefs of Wassa Fiase Traditional Council have petitioned the President Nana Akufo-Addo to help reinstate Odeneho…

By Angela Marfo
PoliticsTop stories

Legal battle far from over as NDC eyes review after Kpandai ruling

The National Democratic Congress (NDC) has insisted that the Supreme Court’s decision to reinstate the New…

By Reagan Mends
EntertainmentTop stories

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

It was learnt a few weeks ago that Veteran Ghanaian actor and comedian, Prince Yawson, popular…

By Angela Marfo
Hot Fm Ghana

Hot FM is a privately owned radio station in Accra, Ghana. Hot FM broadcasts both on 93.9 FM and online.

Top Stories

CAF slaps Senegal, Morocco with heavy sanctions after AFCON 2025 final chaos
January 29, 2026
FDA debunks claims of ‘Akesheshaa Parazone’ being added to waakye, okro, ayoyo
January 28, 2026
All five aspirants cleared for Ayawaso East NDC primary
January 28, 2026

Politics

All five aspirants cleared for Ayawaso East NDC primary
January 28, 2026
Legal battle far from over as NDC eyes review after Kpandai ruling
January 28, 2026
NDC rejects virtual vetting request as tensions rise ahead of Ayawaso East primaries
January 28, 2026

Entertainment

Interior Ministry must clear IShowSpeed before Ghana passport can be issued — Patrick Boamah
January 29, 2026
Gospel legend Minister Ike set to ignite the scene with new smash hit “Fear Not”
January 26, 2026
Gospel legend Yaw Sarpong is dead
January 20, 2026

© 2026 Hot FM Ghana. All Rights Reserved.

Welcome Back!

Sign in to your account