Recognising that gambling addiction has become a significant social issue in Guyana, Vice President Dr Bharrat Jagdeo has announced plans for stricter oversight of the sector.
Speaking at a press conference on Thursday, Jagdeo stated that the government intends to implement stronger regulatory measures and introduce appropriate taxation aimed at curbing the negative impacts of gambling.
These initiatives, he said, are part of a broader effort to tackle the growing problem and mitigate its social consequences.
“This gambling that has blossomed and created a series of negative problems for our communities, breaking up families, creating hardships for a lot of single parents…especially where people utilise the money that they have, their income, to all day, be online gambling…because what we have now, is gambling on demand. It is one every phone, it’s an app and it’s facilitated by the local establishments and on a very liberal licencing policy and a very liberal taxation policy,” Jagdeo noted.
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