Stop Abuse Of Pools Edict, LASPAA Warns


The Lagos State Pools Agents Association, LASPAA, has again warned on the illegality  of commission which operators of pools business are giving to the staking public.

The President of the association, Major Sammy Ogunyebo (retd.) said the flagrant  abuse of the edicts on pools should be looked into by the Lagos State government,  adding that commissions which independent agents and promoters’ betting shops are  giving to stakers are illegal and should be stopped now.

“The law says no rebate or commission should be given to stakers, but what we have  in the business today is that every shop wants to attract customers with commission.  In lotto, where agents submit coupon three times a day to their promoters, there is  no commission to stakers, but in pools business where agents submit coupon once in a  week to their promoters, commission to stakers have been used to paralyse the  market. This has to stop now,” warned Major Ogunyebo.

The retired Army officer, who leads over 20,000 agents in Lagos State told P.M.NEWS  that the issue of commission to stakers is one of the pertinent issues the  association raised in its proposal to Governor Babatunde Raji Fashola. He revealed  that the state government is seriously studying the proposal that will guide it to  find a lasting solution to the problems of the pools business in  Lagos.

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“I have been having series of meetings with top officials of the state government  and I’m glad that these meetings are yielding positive response and attention. Very  soon the government will come out with solution to our problem, which include  commission to stakers and the odds payment,” he said.

Sammy said that one of the problems of pools in Lagos is the proliferation of pools  promoters, which he said is causing unhealthy rivalry and competition.

“The promoters operating in Lagos are too many and the only way to stop this  unhealthy competition is to reduce their number through high tax and upward review  of their annual licence fee. This will not only force some of them to stop promoting  coupons, it will also help government generate more revenue. I think 10 promoters in  Lagos will be enough for the business,” said the LASPAA boss.

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