NLA to earn GHS30m from KGL Technology Ltd collaboration
The National Lottery Authority (NLA) would receive an unprecedented financial commitment of GHS30,000,000 from the licensing of KGL Technology Limited for the year 2020.
KGL Technology Limited, a wholly-owned Ghanaian entity, is a newly-licensed online lotto marketing company responsible for the running of NLA’s official short code *959#.
One of the core business mandates of KGL Technology Limited is to advance the digitalisation of lottery on behalf of the National Lottery Authority in line with the digitalisation policy of the government.
The NLA, since 2008, has been trying to digitalised its operations but to no avail until the coming onboard of KGL Technology Limited.
KGL Technology Limited paid an initial GHS10,000,000, as part of the licensing requirement.
The company is expected to make payments of GHS10,000,000 for the months of September and December 2020, respectively, totalling GHS30,000,000 for the year 2020.
The implementation of the digital policy, according to the NLA, has been very supportive and critical for the continuous survival of the lottery industry especially in this era of the coronavirus pandemic.
the NLA noted that KGL Technology Limited would invest hugely into corporate social responsibility (CSR) in tandem with its mission and vision for the industry.
