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I see a lot of threads here about some countries imposing a tax on gambling casinos. And each forum member has their own opinion about this type of topic.

Now I'm wondering, does implementing a tax on a gambling platform will really help a country?

- What are the pros and cons of it?
- What should be the proper tax percentage for you that they should impose.
- Will this be a bad thing for gamblers?

Also, are these governments capable of taxing online gambling casinos that we often use like stake, chips, etc...

Tax is the blood of the economy, they make the public roads, the public schools, the public and government hospitals. Pros of taxing a gambling platform is that the government is able to get a really big tax since gambling houses earn a lot of money and close to zero losses in a day sometimes. Cons is that if the government is comprised of corrupt officials then the taxes will be for nothing.

Implementing taxation on gambling platforms is as normal as the taxs payed by other forms of enterpreneurs and civil jobbers. Both has an end target which is to make money from their endeavor so paying taxes shouldn't sound like an awkward decision nor a form maltreatment faced by gambling platform. The nations generate revenue to sustain and develop it's state from this taxes and since this platform operate within this region and make massive profits it would be wise to pay tax so as to aid in the adding more infrastructure that would make lives even more condusive for it's inhabitants

As far as I know, in most, if not all, countries in the world, casinos pay taxes. I guess you mean that there are many crypto casinos that operate in a kind of legal limbo and do not pay taxes in countries they should.

In general, taxes are bad for business. If casinos start paying taxes, or paying more, this will also have repercussions on the customer, they will probably give less promotions, or less rakeback, or raise the HE.

Another thing is that it is not ethical or legal that they are not paying taxes and have to pay them.

I would say it helps a country both in helping gamblers manage their funds as well as regulation of gambling activities in the region. For online casinos I think government can still task them and if the fail to comply the can ban their activities within their metropolis. Gambling generates lots of funds and should contribute to nation's development by paying taxes as well

They're definitely capable of taxing crypto casinos but the way they tax online casinos as a whole could differ from one country to the other.

For me the proper percentages is probably around 5%-10% maybe starting from 10% then it gradually decreases as the amount increases.

It's hard to say that tax is a bad thing for gamblers because the management is different from each country and there are countries where people are getting more benefits while paying tax so it depends.

I did not see it necessary for any government to impose tax on citizens if they do not want to discourage gambling in such country, only the gambling companies should be taxed which will make it have the benefit of country growth and development.

It depends from country to country, but I think to me, anyone that has lost in gambling before should not be taxed in a way until he has gained back his money lost and the percentage taxed collected should not be more than 10%, but it will not be surprising if it is more than 10% in some countries.

Yes, it will not even encourage gambling using fiat, many gamblers will prefer no tax gambling no kyc crypto gambling sites which will make the government and the fiat gambling companies to lose some gamblers to no kyc gambling sites that do not require users taxing.

Absolutely not.

1. There is zero enforceability when it comes to gambling taxes. Most of the gaming platforms that are commonly used are currently unregulated by any responsible board - and most of them aren't even in the jurisdiction of any single country.

2. You're forgoing a bunch of tax revenue that could have been collected by having a low tax. When you raise tax rates too high, it actually achieves the opposite effect on revenue as gambling operators simply move out of the country/go underground to dodge taxation laws.

Well, casino industries would for one help in the development of the country. Tax helps the government manage the country after all, and this makes the casino legally able to conduct their business while helping the location they are at develop. As for cons, well, I don't really think tax has any cons? Unless it's overtaxed ofc.

That idrk. Don't know much about economics but around 10 - 15% would probably be good enough. I'm just pulling numbers depending on what I know, so don't really trust it. It's just my opinion in general.

I don't think so really? It probably depends on the country where the tax is upheld and how its upheld, but I'd say that in general, it's actually quite helpful.

If taxes are used correctly and are used to build public schools,road infrastructure and hospitals then it really helps a country and gambling taxes usually are high which is translated to higher income for public use for a government.The problem though is that only the countries where the corruption is really low benefit from this,countries with a big amount of corruption do not benefit anything as this income goes directly to public officials pockets and not for good use for the population of that country.

The tax from the gambling business and other businesses can contribute to the economy of the country. But many countries do not allow gambling in their country, so they still apply tax for the other business.

There is no proper tax percentage. That depends on the index per capita for every person in the country or something like that. And the government will check and then decide on how many percentages they should use for every people.

Bad or not, that will depend on the gambler because the tax percentage will be different in each country.

according to the article below The Philippines collected $149 million dollars(7.18billion in philippine peso) from gambling tax in 2020. that money will become a fund for the government to use for the country. so, yeah, taxing a gambling platform helps the country.

https://www.casino.org/news/philippines-offshore-gaming-tax-revenue-increases/

Tax good for the country not for the people, but those companies are paying taxes for their income while the players should pay the taxes for their rewards as well so at the end government is making tax revenue from everyone.

Its bad or good depends on how government utilizes the revenue but most of the governments are corrupted so people don't want to pay the taxes.

With the recent pandemic, in some countries where gambling industry is huge, especially online gambling it became one of the lifeline of their economy. Tax makes the whole economy alive and gambling industry is one of the main sources of government income.

Very nice comment! Tax should be the blood of the economy if used for good things... but, there is always that but... If the government is corrupted then tax money will be used to make government officials and their close friends richer, which is good for them, but not for 90% of the country!
So we live in a world where some countries are doing a great job with the tax money, and then people are fine with taxes... and we have many other countries where the situation is "not so bright", sort of speaking... and people know they will not get anything with higher taxes!

In general, taxes are one of the most important sources of money for a country...

taxes contribute 70% of a country's income and the government needs it to be able to continue to manage the country, I personally agree with the gambling tax because the velocity of money in this gambling business is very large, but what should be taxed on this gambling is gambling businessmen, casino owners who make a profit big, no longer a player.

Of course it can, it will provide taxes that properly used can help the public services. Well, that is, if the income is properly used, which it may be the case for only a limited number of countries, so perhaps the answer is it depends:
- How much tax? Will it hinder business?
- How will it be used? Is there a government that will employ it for good?
- Is gambling something that morally should be accepted as a means of financing a country?

Tax really important in one country because the country can get more money to develop the country. Suppose the casino can give a big tax to the government. In that case, they can allocate the money to the important sector and build the country better. But I do not know about the percentage amount that the government can apply because that will depend on the casino income. I do not think that the government will use a high tax for one casino because it will make it difficult to pay the tax.

I wanted to say the same words. Unfortunately in many countries taxes, in their entirety, never go to public schools, roads and hospitals, the money just being stolen by corrupt officials. The good news is that even in those countries at least a part of the funds do go for the purposes intended. And that means better roads, saved lives, free education etc.

So, overall I think imposing taxes on gambling platforms is a good thing, even if for us, gamblers, it might mean a slightly higher house edge, as a consequence.

I think whether they like it or not, implementing tax is the only option they had because most of the country that allowed some kinds of gambling has already know if they don't create a legal one, other people will look for some other options and when they find something to bet on, the government are out on the list and they can play without any tax. That's why when they created an office like PCSO which means the Philippines charity sweepstakes office, it meant to gather some money from the allowed gambling in the country to help poor people and other charities.

UK doesn't have tax for gambling earning while US can collect upto 30 to 40% as tax which depends but still both countries are developed nations.

Imposing taxes is the only way to generate revenue by the countries but the tax rate should be fair, since most people lose their money in gambling and only few of them are making money on that the government collect half as tax doesn't sounds good.

No it isn't because the operator will only charge that to the gambler as if they will let shouldering that taxes on their own?
and will be taken from their Bag of money?
so in the end of the day still it is the gambler that suffers and not the gambling operators .

As for me, yes, it helps a country survive and sustain all their people's needs especially during this pandemic where some countries support their people financially. However, we can't also deny the fact that it's also one of the sources of corruption which is part of politics. Huge gambling companies allow tax regulations so they would be eligible to run their gambling company continuously.

Depending on your country of residence, you might be required to actually declare your taxes on gambling earnings. Although, most countries that I know of have zero tax on gambling earnings. However, I think this would depend on whether the place that you gambled at is registered, and actually recognized as a gambling website. Since, most crypto gambling sites appear to not be licensed, this would actually mean your earnings are taxable in most countries.

For example, to operate a gambling website in the UK or even offer to UK residents you need to be registered, and accepted by the gambling commission. If you aren't, then I believe your customers would have to declare the earnings to the tax man, and the tax man would then decide whether or not its taxable. I'm not super up to date with the laws when it comes to gambling taxes when a gambling outlet isn't licensed, but I'm pretty sure it would be deemed taxable income since its not recognized as a gambling outlet officially.

Well I would like to share two threads started by me few years ago. The numbers may be slightly outdated but the context is same.

Part 1: USA
https://bitcointalk.org/index.php?topic=4308093.0

Part 2: Macau
https://bitcointalk.org/index.php?topic=4324507.0

These threads should answer your queries pretty well.

There are no Governments that collect taxes from these online casinos apart from the country they were registered or licensed. It's levied on the players or gamblers. Authorities will be able to track these income through the KYC verification of custodial services and centralized exchanges.

Having taxes on gambling is like having taxes on tobacco because, at the end of day, it is about having a trade-off between the money earnd as taxes and problem created from the addictions. This is really it and the higher the taxes, the bigger the problems really.
Here in Italy the estimate of social costs of gambling obtained in a study amounted to 2.7 billion euros. (Estimated cost per player was €2,211).
It is quite a big number.

OP, I'm sure you have the answer to what you're currently asking us. I don't see anything for your opinion as the user who started the thread on the question.

• I think you already have a lot of answers about the advantage of taxes, but very few about the disadvantage. I feel that non-transparent tax management will be a weakness of tax application in any sector in a country. Taxes are a pile of money for corrupt officials in many countries and it is bad for the country itself.
• I think 1-10% is a percentage that gamblers would probably agree with. But it is up to the countries and government themselve how they have to make it friendly for physical site/ casino and players while they have to care enough about the problem addict face.
• Taxes are not always considered bad by gambler if the percentage is not too large and is used on target. But when the percentage reach 20%-40% and its use is not on target, it will be something that is considered bad.

The cons from a player's point of view is obvious: if you have to pay taxes, you have less money in your pocket.

From a government's point of view it is a bit more tricky, at least in some countries I know: you have a tax code and that code says that once you are forced to pay income taxes on one class of income, you must also be able to deduct costs and losses. That is what makes it difficult for states to tax gambling winnings. There is no such thing as a one sided tax, meaning that once you win you have to pay but once you lose you are wrecked and can't deduct.

Casinos pay taxes usually in some jurisdiction, although especially in Europe there are good spots for casinos to set up their business such that they must still hardly pay any tax. I can imagine though in particular countries like France, Germany, maybe some others will crack down on that now.

Does really help a country? Yes, these taxation wont exist for nothing and knowing  gambling industry is one of the most biggest contributor.
Pros and Cons? For Pros then it would really be beneficial for the economy and cons would only be into those business owners but depending
on how much they've been asking.
Proper percentage tax? Depends because not all countries would have the same views and perceptions on things.
Gamblers had nothing to do with this unless if the house itself will impose some sort of additional or increase of base bets or other related thing.

It does, especially if there are lots of gambling platforms to get taxes from. It adds up, and will eventually make a good chunk of tax proceeds which will then help the government fund projects for the benefit of the population. Even though the anti-establishment on me still lingers every time the government fucks up, I still believe that the right amount of taxation coupled with intelligent management of funds goes a long way. We've seen socialist countries implement aggressive tax rates and still do pretty well without its population complaining because they are receiving the best care. It only really depends on how the government uses the tax funds for it to be seen as beneficial rather than detrimental.

Not a bad thing for gamblers. I saw many times that even lottery winners have to pay taxes if their winnings aren't tax-free. But if it's tax-free then that's a better amount for them to get on. And taxation is helpful to a country as long as it's coming from a legitimate business, it shall help and contribute to its economy. Look at those countries or cities that have the main source coming from gambling. That's how taxes are making their cities or countries keep going because of their industry.

^ That is a perfect answer, through tax government have different allocations on it just like eductions, buildings all public staff that working on the government they had paid through tax. But I think the biggest allocation that the fund comes from the tax is the health program and livelihood program which is government expend a big percentage on it. As I say yes, it has a big help and it will contribute to having economic growth and seems like what happens on Covid 19, governments were so down at that time because people need financial support, they had open different gambling casino so that it will generate profit that can be taxable.

indeed! tax coming from gambling businesses are very important to the economy of the country or a certain area. they are one of the few businesses that thrive even during this pandemic. and the tax coming from them is significant in recovering their economy. and yes, it is very much possible that with large amount of money that they disbursed to the government, there will be corrupt govt officials that will take advantage of their business.

though it depends on the government what percentage they want to impose on this kind of business, i believe they should have certain basis of why they are charging such percentage of tax. it should be both a win-win situation for both parties, so they can continue their business and the government can take their share. otherwise, if it will be a loss from the gambling side, they will be forced to shutdown their business and that's not good for the government as well.

It does have a positive impact, that's why many countries permitted gambling business over the pandemic in the first place.
The pros are, obviously, more money to rebuild the country and improve the economy. The % should depend on the country itself, IMO. Such things as the taxation system, income taxes, average salary, the general quality of life, etc. should obviously be taken into account. The cons are that high taxes might slow down gambling business development.
I don't think this would have any impact on gamblers assuming that there will be no tax on winnings. But even if there was, I don't think this would change anything, as gamblers are more in for the game and it's the fact of winning and the emotions that matter, rather than taking the whole prize.

Taxation wont be existing if it wasn't really relevant nor useless at all and to think that on where the government would get some funds for countries development
then it would really be main in tax.

Its just common sense that tax is really needed and mentioned to be the blood of the economy and without this then it would be all a non developing one.

10-20% tax for gambling business is already considerable though and also there are countries which do ask out even more but we cant do something about it if
their government do really ask or require out.

Simply, I am sure that if gambling in the country is legal, they will need taxes to pay.
The pros are about the cou8ntry can have more income from taxes and this may be good for the country and its society,
While the cons, it may really make some gamblers being pressed with they need to pay high fees.

It will vary on what country and also platforms. Some countries have determined the tax based on the average income and also its taxes. However, some countries also have very high taxes for gambling that can make many people not to gambling anymore. ut, of course, some big companies will continue it because the gambling business is very worth it.

It will depend on the gambler itself, if he feels safe with the taxes, it is no problme. But once more, the high cost of gambling will make the gamblers themselves feel depressed.

Yes, it does. Anything that involves the taxing of an establishment or a specific activity generally helps the country as it serves as the revenue for the expenditure of a country.

Like what some have already mentioned in this thread, tax contributes immensely to the economy as it enables the government to pursue their economic activity through the revenue garnered from the tax. Without any tax gathered, this would limit the expenditure and creation of projects by the government that could improve the lives of the country. But, there are requisites to the taxing power as it must be fair and equitable in order to prevent any chaos and abuse from the government.

Of course, this is the ideal concept of tax considering that the government fulfills so their duty to its citizens.

"The power to tax involves the power to destroy.."
                                              - Justice John Marshall

Of course, it does. The country needs money. The primary way for any state to acquire money is through taxation. Gambling platforms are just one source of tax revenue for the country. And I don't think they should be exempted.

As a matter of fact, if I were to decide, gambling platforms should be paying more taxes than other businesses. It is because gambling is a luxury. It is never a necessity to anybody. If the state is imposing taxes on the most basic of needs of its citizens, there is no reason why it shouldn't do the same, even more, to gambling.

Finally, gambling platforms are money machines. They are like wishing wells where people throw money into. They have a lot of money. They should pay up.

actually some countries had already implemented on this ..

and now there are others that considering that instance .

Help in what way? does the tax will really impact the economy?

the answer imply by one , and that is will give bad thing to the gamblers .

There is no impossible for the government to what may imply . and surely if this will be on top then it will happen then.

If we talk about tax, it will be one part of the country that will help the country grow and build facilities.
That is the pros of implementing the tax in all business and gambling as one of the income sources for the country contributing to growing the country's economy.
The cons are taxes sometimes too big than usual because the government needs more income to continue developing.
The percentage of the tax can be 10%-20% but that will depend on the government itself.
The people or gamblers should pay the taxes because they can make sure their country can develop and have more facilities. The result will be back to the people themselves.

Well said. Tax is really necessary to help build a better country and I think businesses like gambling casinos who are earning huge through their business has a responsibility to pay tax. It was like giving back for what they had, actually not only the businesses but every citizen who are earning above minimum are mandated to do so.

The only problem is (like what you also said) is the corrupt officials. If the money is in their hand they tend to be greedy and keep it for their own sake, though not all officials are acting like that.

The gambling business is currently one of the interesting things used to overcome the problems of a country's global economy.
because the casino or house has a very large income, the taxes that must be paid to the government are also very large and really help the country's economy.
and countries that legalize gambling, firmly believe that this business can improve the country's economy because it is never empty of visitors and a place where people spend money.

In terms of Economic growth Tax is really needed for the country to grow money from the people will be used to build infrastructures, provide financial needs on Non-governmental organization, and provide financial needs on every aspect of project the government wants to establish in building a great country, but if the country will be corrupt then tax would surely be wasted,

So in terms if the government would want to inflict a larger tax on gambling I think it will be OK, and in a situation that we have now it will be a great help.

Tax is the only big source of revenue for the government and they need to collect it for gdp and economic as well as infrastructure development of the country ranking it up in list of top countries.Tax evasion and corruption are the main factors which hinder the countries growth.But if government impose taxes on casinos then they should allow them to legally operate also and have proper tax structure for them say fixed percentage not under Capital gains for players also.Taxes eventually reduces your income or profit and they should be utilised in most efficient manner.So if it is used properly and not too much high then it will create s equilibrium situation for every gambler.

I don't like the idea of a tax on profit that you made with gambling or betting. I know of course that the income of taxes is the engine that keeps countries running and enables investments into the infrastructure and so on. My problem with the gambling tax is, that the money that gamblers use for gambling was already taxed because, at least in most cases, they got that money from their job, which means they already paid wage tax for that. Now they risk this money for gambling because it's their hobby and for the case that they are successful and make some profit with it they have to pay taxes on that profits again. That kind of double taxation just sounds not fair to me.

I strongly disagree with you. Usually a tax would also count for your winnings. E.g. you go into the casino with 100 USD. You leave it with 110 USD. So you will have to pay a tax just for the 10 USD in winnings. Your argument is as a consequnce quite bad, because there in no double-tax-evnt in this case.

I know that in the case of a tax on gambling and betting you would only need to pay taxes on your potential winnings. I said that the money that you bring into the casino, which is the 100$ in your example, have already been taxed because i would assume in most cases that money was earned by means of occupation. So the 100$ where once like 130$ or so before you had to pay wage tax. Therefore i think that every profit that you make out of those already taxed 100$ should be free of any additional tax because, at least for me, that is double taxation. I am aware that this is also the case with profits from shares and interest, but I think it is just as wrong there.
It's ok that we have different opinions  :).

Never be afraid to say that almost all state officials are corrupt officials. Only a few of them are clean of illicit money from corruption and bribery because that is a fact of many countries today. We never know the actual amount of tax revenue from various source because they only announce the total amount without transparency. However, I only think positively that the tax will reduce the burden on the state and also help increase state treasury income.

Tax is one of the if not the most important thing in a country. Without it, there will be no developments in the country as a whole. No new roads, no new buildings, no infrastructures.
Implementing tax on a gambling platform or in this case, a casino will boost the economy as the government will get tax from their revenues. This is also the main reason why most of the countries are allowing casinos to be built on it because they will get huge taxes on it.

The sad thing in most of the countries is that, the government is getting a portion of the total tax of the countrymen and will be divided towards them for their personal uses. I don't want to use the word "all" since I believe that there are still good governments and uncorrupted governments but most of them are just greedy as f*ck.

Imposing taxes on online and offline gambling will certainly have a good impact on the country's finances, because taxes will certainly increase state income which of course has no bad impact from it. Gambling is entertainment for some people and not about obligatory activities so yes, applying taxes will not be a problem because after all, with taxes a country can develop better and there should be no problem about it.

Tax is being use in public management, it keeps the economy circulating, without it, Government alone can't make anything for its country. Here in our country;

Source (https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bloombergquint.com/amp/onweb/duterte-seeks-quick-passage-of-philippine-online-casino-tax-bill&ved=2ahUKEwjo1LbGiZzxAhWaHHAKHViKD90QFjABegQIBBAG&usg=AOvVaw0ufV9CpXiMGKaH9wD_nX9p&ampcf=1)

With this percentage of tax, it will slowly but surely (hopefully) will heal Philippines economy in this time of pandemic. Taxes could be a great help also to give citizens relief goods to help them to survive this pandemic. There's so much help of taxes, and taxes that casinos pays to the Government is the largest, if I'm not mistaken.

You are right, I think so even my country has actually formed an anti-corruption agency. For countries that legalize gambling and collect taxes from these activities, this will be detrimental. Although the nominal may be small, but if it is accumulated it will be big. I think all countries announce the same globally, they will need a lot of pages if it is made very detailed.

When it comes to online crypto casinos, taxes are a detriment because they can be factored in for different asset values, and there is no generally accepted regulation... I think this is bad for gamblers...
As for regular casinos, of course taxes are normal, as for any kind of business...

Many countries have formed an anti-corruption, but it is still difficult to eradicate the corruption rooted in that country. The taxes that should give the country already cut off by the corrupt officers for themselves and no report about that. Instead of reducing the state's burden, the state can not even get the tax that they should get and the authorities can not found where that money. I think that is also happening to the gambling business because gambling businesses have people who protect them from paying less tax.

The most useful help through gambling for a country would be if common citizens were allowed to invest in bankroll of casinos to earn with the house. This way, benefits would be superior to any other achieved by taxes imposed by the government, because each citizen would see direct advantage on it, as there would be a constant extra income landing on their personal accounts from times to times, very different from indirect advantages we don't always see on practice when the government charges the tax and apply it somewhere we don't even know exactly. Worse yet, but not rare, when this money is stolen by authorities.

On the other hand, if decentralized crypto casinos would gain traction it would be almost impossible for regulators and tax authorities to get their taxes out. I mean, think about DeFi that is not controllable right now (talking about DAI, mainly since centralized stablecoins can get frozen) if the same concept would be applied to gambling tax authorities are going to have fun.
I am not following this anymore, are there any dex casinos?

I think that there's still some in existence but it's hard to know if they really are actual dex casinos because that's what they're trying to say and describe themselves.
But if you look at their operations, you'll say that it's not a decentralized casino.

Aren't the casinos already taxed? As far as I know, all casinos have to pay a tax. Even crypto casinos, if they touch fiat, they will have to pay tax. And at least over here, if you play on a casino and win, you have to pay tax on your winnings. It's probably considered as an income tax (not sure about this though). I doubt there are any country out there that doesn't tax their casino. To answer your question, yes tax does help a country. Doesn't matter where the tax comes from, but it helps a country to develop and is one of the main sources of revenue for the government.

Every business does and its not a new thing because tax is the blood of a certain economy and we know on how important it is for a country so its just normal that those taxation are part of the norm.

Questioning if taxation is really helpful to a country? Yes it does because if it wasnt useful then it wouldnt really be existing at all.

Tax does play a vital role on an economy and its just normal that businesses would really be asked out to pay up some percentage tax
as part of their obligation.

Gambling sites are legitimate businesses so there is nothing wrong in the government taxing them. A business is only legitimate when you pay your taxes. Gambling platforms shouldn't evade taxes, they are not a charity organization

Implementing tax on everything helps a country, why would it be any different for gambling? I mean if you take a tax on selling water, tax on food, tax on income, tax on luxury, tax on entertainment basically tax on every single thing, if one dollar is spent somewhere governments take a tax on both side, the buyer pays vat and seller pays income tax, so something that is spent is nearly half tax in most nations.

So, why would it be any different for gambling? If you gamble then you need to pay a tax, if you lose then casino has to pay a tax, if you win then you have to pay a tax, hell be happy that they do not charge for wagering because in that case you would have to pay tax no matter if you win or lose, which is the case for many sectors. Which is why gambling is not a different situation, if you spend a dime, government charges you a tax.

- Certain countries do not tax winnings, I think this is a fair approach - tax the company running the show and making the the vast majority of the profits, do not tax the winner who may have stacked up many losses up to that point. Every country needs taxes to keep government and services running for the benefit of everyone, I don't see why gambling institutions should get any special treatment and they can actually be detrimental to society (creating addicts) so may be required to pay a premium for the extra burdens they create compared to say a company running nursing homes.
- Maybe 5-10% over the standard company tax rate, as previously described they are a bit of a negative drain on society - doing more damage than providing positive benefits.
- Casinos and bookmakers are money making machines, people are generally rubbish at properly determining odds but their ego thinks otherwise. Casinos with their fixed payouts and bookmakers with decades with of historical scores to go on will almost always have an advantage over normal players.

With such a huge craze nowadays with gambling platforms, governments are likely to tax gambling activities. Taxing will surely help them get more revenue. I am just wondering what will happen if they start implementing a tax on the users and the tax rate is quite high than the other taxes we generally pay to the government. That will be ridiculous for sure.

Taxes are one of the lifelines of any government, it's been implemented since time immemorial and will continue to be a part of any government some governments are implementing harsh taxation, gambling casinos are one government cash cow, for a third world country like us taxing casinos helps our country to sustain our health care sectors and they are directing the taxes for this sector which badly needed funds to sustain their operation, I'm on it as long as the people who really need the services of this sector are met.

Specially these days where people are playing gambling online and there are statistics that there are indeed influx numbers for those people whom do play in the convenience of their own home.

For government to impose taxes then its not a new thing.They will impose on things which they do seem taxable and we know on how tax works and whats the purpose of it.

This doesnt only applied on gambling industry but in other businesses as well.Dont know what country doesnt implement any taxes on any businesses out there since this had been a casual stuff.

The risk of playing on DEX gambling is huge, i’d rather pay taxes using my winnings than to deal with any unlicensed gambling site because your money is on risk as always and you might not be able to get it since it’s DEX. I didn’t see any DEX gambling site because most of the gamblers are looking for a licensed site, paying taxes can help a country as long as there’s no corrupt politicians, so don’t worry about paying taxes many people needs it.

Decentralized casinos are more of dapps that wallets will have to connect to their smartcontract to be able to play.  This is going to make it hard for governments to actually take tax from them for they'd have to catch up with the technology.

But when it comes to the government mandating casinos for tax is necessary and will help the country's economy. Its everyone's responsibility and they are not excluded from it.

Taxing a user is not right in my opinion since they suffer from a stack of loses over time and that is not beneficial to either of them because if they continue to do that then they should've closed the casino operating gambling instead.

They should put the taxes to the casinos because they get more money to gamblers specially to the potential gamblers. They make money from them and their winning is not that great compared to what they gained from all of the users or gamblers.

This is how the government should do it in order to gain a right amount of taxes they needed specially in this pandemic season. The economy of each country is not that great if infected of the virus continue to rise.

As far as I know those gambling establishments especially those which are authorized by the government to legally operate pay a huge tax, well i'm not that sure for how much it's tax but here in our country the tax payed by the gambling establishments is a big help to rolled out our economy. I mean everything we've purchased has a tax even in a food service, food product I guess anything has a tax but it is nothing compared to tax of the gambling establishments. But on the other hand there are also gambling establishments here in our country which is said to be not paying tax properly.

The thing is, in many countries gambling isn't legalized, so they run underground casinos and, naturally, they aren't taxed.
And about the type of taxation - it largely depends on governmental policies. All of the countries that allow gambling require income taxes in different ranges (10-30%), some countries have additional gambling tax, related to the type of business you are running.

And some (but not all) require winning tax. There are also policies that dictate different taxes depending on the amount of income the casino receives, as well as on the amount of winnings (e.g. if your winnings are lower than a certain established sum, you may be required to pay only fiat tax).

Implementing a tax on gambling will help a lot of people in every country. But it also depends on the government if they will never be corrupt then this will be a big help especially provide financial needs on Non-governmental organizations and provide financial needs on every aspect of the project that the government wants to establish in building a great country.

Any tax that the government will receive is considered as income, hence it will help in the financial aspect.

However, a country cannot just accept gambling operators and give them license without proper control, they should also look at the effect of the people within a country if overall it will not give a positive effect like it will increase the gambling addiction or the crime due to gambling, then there's no reason to be more aggressive in issuing a license, everything should be foreseen so risk could be managed.

The Philippines have POGO, these are gambling operators that are foreigners and cater only foreigners, so this way it will not make people addicted but the people will benefit from taxes through the government.

Technically yes, certain countries automatically increase from the economy, apart from corporate tax revenues, mining, industry, land, buildings and so on, Gambling companies such as casinos are currently the largest income to cover the country's current economy, you certainly know the expenses that must be issued by the state are a larger percentage of taxes, including humanitarian aid and so on.

Not a few countries that make tax rules against gambling companies, the percentage of gambling tax depends on the country, overall now i see a good effect, except: taxes are imposed for gambling players, but if for casino sites or houses it is fine.
There are many good sides than bad, if the government imposes a tax on gambling companies.

That's correct, allow foreign investors to invest and get the revenue through tax while protecting the people to gamble because the Philippines is a developing country, what it needs is to improve its infrastructure, create jobs and they can a good income from taxes revenue of the foreign operators.

Much of this depends on the level of corruption in the country. If the level of corruption is low, then of course any taxation will benefit the citizens, as the funds received from the budget will be used to solve important social problems, but the level of corruption is high, then it is likely to bring more negative consequences.

^ Probably it is, one of the major reasons is the corruption and we know that even which country there is a corruption that happens.
If the corruption will low there is a possible gambling tax that will really help the country and contribute a lot to the economic growth, that is why all gambling industries must under-regulated by the government and must be pay tax as revenue for the economic growth. How can I imagine there is a huge fund that comes from the gambling tax, 10-30% of all profit from gambling for the tax share is a really big amount.

Most countries impose a tax on gambling but it does not last long many do not want to pay taxes. In this situation the government is in the process of bringing the institutions under registration two companies have already registered for VAT the government wants to bring the organizations under registration by formulating laws or policies then besides collecting revenue propaganda can also be stopped using these platforms. But there is no government intervention in online gambling not everyone loses money at will and makes a profit.

Tax implementation on gambling platform are mostly done by majority of developed countries which are means to track down online enterprises in making sure that due obligations are enforced.
Developing and less developed countries has no time or system to track down online business enterprises maybe because of their less exposure and corruption in the taxing system.

Not everything depends on the percentage of tax but on the government. If there is corruption in the country and the government takes the budget in their pocket and businesses, then high taxes are a catastrophe for people.
If the country is similar of Germany that wisely spends the money, then high taxes are good but not that high as Germany has. Btw this country is a good example, I have seen people here who are even willing to pay more than 42-45% taxes for their country and people. In exchange, they have free universities, amazing healthcare and insurance, good infrastructure, etc.

Personally, despite the fact that I am in the gambling industry, still think that high taxes there are good for the country and it's okay if the business gets less profitable, at least it will benefit society.
Gambling looks like this: Those who have a surplus of money play in casinos, then this casino gets taxed and some percentage of this money goes into the government's budget. In a good world, this budget should be used for people and if it's done that way, then great!

There are physical casinos that payed taxes already which most of them are legalized by the government but I agree with the first post that taxes will only go to the corrupt government officials and the opposite if the government officials are not corrupt. Though some might be corrupt but still those corrupt officials didn't take all the money got from taxes. The answer to your question is YES and NO. The explaination is I already explained it above. ^

Gambling is a big business and is always loved by many people and even gamblers do not hesitate to spend their money at casinos, so that with the implementation of taxes, of course, it can help state revenue in terms of taxes. Many countries in the world take advantage of this, so these countries legalize gambling in their countries, and I am very sure that this business can encourage the country's economic improvement because casinos are never empty of visitors, but even so the government that legalizes gambling should have a special authority that handles gambling problems and the financial transparency obtained from the tax must be conveyed to the public, so that the government can prevent the occurrence of gambling tax evasion.

Indeed. We hope that the country officer does not commit corruption so the tax can directly send to the country balance without any cutting for the corruption. But if that is about big money from gambling, it will look like "hot money" for the corrupt officer or the officer who gets seduced to take some amount because of knowing the total amount of the tax money. Therefore, it really needs protection from clean officers who will guard the money against the corrupt people and the lesser officers who know about that money will be better.

I would not think that way, why would they go to the corrupt officials? Maybe if the government itself is corrupt, then the officials that are running the country are corrupt, and no country would prosper that way. We are talking about the general effect of a country here, not a condition of what if the officials are corrupt because we already know the obvious answer in that situation.

The main pros that is fulfilling budget of the country with a lot of money.  And this will not affect gamblers, if gambling industry is properly controlled by the law. In Las Vegas for example, casinos trying to force you to spend you money from gambling on their hotel or restaurant, because taxes for this types of business is much less than on gambling.

About tax percentage i'm not sure, because i unfamiliar with gambling business. Different businesses needs different tax policy as you may now.

The problem with taxes is that people do not feel like their taxes goes to right place and in almost every nation that's correct. There are Scandinavian nations where your taxes goes to education, health and many other great stuff and people live a very happy life, Norway is considered the happiest nation of all time for example, they are living a great life and they are living very comfortably with a very high tax rate because they know that their taxes come back and help them a ton.

However in USA for example, you pay a ton of taxes and most of that goes to giving tax breaks to big corporations and pay for the huge military budget, last I checked USA was spending more on military than next 25 highest spenders combined, realize how big that is? 25 nations who spend the most money on military all combined do not spend as much as USA. So when implementing tax on gambling is a question it is not of "why" it is more like "then what?".

You also see that the casino is never without players and they also intend to be public and can always pay taxes to the government but very few countries can regulate this gambling system, the problem is not the casino, we are talking about the participation rate, many people did not earn income and lost more assets to the casino. Receive tax money to contribute to society, but society begins to have more cases of bankruptcy, even becoming poor, this part of tax is not really easy to swallow and can develop a country like many people's vision

Any business that works in order to make a profit should be taxed, this is obvious and reasonable. Regarding the players, I have a different opinion - in my opinion, winnings should not be taxed at all or at a meager rate. The only problem that arises with this option is the emergence of the opportunity to cheaply legalize dirty money, but probably they just need to work better (the police) and look for dirty money at the time of earning it.

Not that really bad on mentioning about corrupt because not all governments in the world would really be having the same behavior in towards on handling out taxes well and should be apply into things on where it should really be allocated or to be used on because there are places on the world where taxes is the main source of funds where these corrupt officials do stole on for their own benefit and yes its no brainer and no question about the outcome and of course there would be no progress for that one and this shouldn't really be a good example. Gambling businesses is normally should be imposed by taxes just like any other typical businesses because we know the vital role of tax
on a certain countries economy.

1. Taxes are the duty of every business as a support to the government and gambling is a business with big money in circulation
2. each country must apply a different tax on each of its citizens and in my opinion, the fair limit of the tax is 4% of the gambling winnings

3. some gamblers would think gambling tax is a bad thing but I don't think it is
4. This is again at the discretion of each country, but I think the owner of the gambling business is the one who is obliged to pay the gambling tax

Taxes will help each and every country in terms of financial development. When we talk of cryptocurrency accepted gambling, there is no perfect process by which one has to pay tax. Importantly people find it a way to avoid paying taxes.

The gambling service providers were mostly located on countries that give the best support on running the platform. Those countries will benefit good out of gambling in terms of tax. First of all countries need to prioritise legalizing/regulating the usage of cryptocurrencies, only then taxation can be made effective.

Does implementing tax in a gambling help a country? Oh no. It only help the country to raise some funds which can use for the development of the country and for the tax fund to help the country depend on the government corruption level, we have seen a lot of countries with good resource which is enough to generate betterment for the country in spite that the countries are still poor. But, if the government are not corrupt and use the country fund very well, yes tax fund will help the country to grow.

And that's why most of the developing countries are easy to impose ban on online casinos because they're more focused on the physical casinos so that the taxation are for real and easy for them to collect.
Unlike the online casinos, they can just fly everywhere they can and cannot be caught by the authorities if they evade taxes.

I think the government banned online casinos is not a good thing to do, because still countries that have banned online casinos, their citizens
can still access online casinos. The best step is that online casinos must be regulated by the government, so that the government can get tax
revenue from online casinos. Because in a pandemic situation like now, online casino users are higher than people who play in physical casinos.
Therefore my prediction in the future all online casinos will apply KYC, because surely the government is aware of the great opportunities that
can be obtained if imposing taxes on online casinos.

This is an interesting approach to taxing gambling, but I don't fully understand how it works. Firstly, how can they tax foreigners? As far as I know, foreigners should pay taxes in their own countries, no? Secondly, although Philippine Offshore Gaming Operators are are targeting foreign customers, Chinese mainly, and their websites are blocked in Philippines, how this blocking thing is effective in reality?

It really depend on which country the ban is enforced. For a country where the majority of the population is Muslim, the ban will be welcomed by all circle, although some people can still access gambling site.

For a non-Muslim majority country, it is still possible for the government to regulate casino instead of having to ban them and impose taxes. Unfortunately all Muslim countries will not legalize gambling and receive taxes from gambling because it will cause a reaction of rejection from the population.

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So far I agree that taxes can help the government get more money that might be useful for economic recovery and other infrastructure during the pandemic.

When those citizens got caught, they'll have the punishment made by the government if they gamble to an online casino and there's a nationwide ban for online casinos.
Some countries do that because they want to strengthen their local casinos so that there won't be any exploitation that shall happen online and most taxes will come from the local casinos because some online casinos don't pay for it.

In my very own opinion, implementing a tax on any gambling platform will really help a certain country because they will be able to pay taxes, and to that reason, the economy of a certain country will really boost up and due to this happening that gambling platforms will implement to pay taxes every quarter of the year the money that will get from the taxes will be able to help to build a bridge, roads and etc.

Well, people can always gamble online but they can be easily caught too because everyone has their unique IP addresses noted when they visit a website and the local authorities can anytime track IP addresses to corner such gamblers. Banning online gambling is sometimes important because there is almost no way to verify the loss and profit stats of the players and hence the government loses control over their citizens.

Online gambling with crypto is even more anonymous and hence a lot of countries are getting strict towards such platforms because you can make different accounts and play leaving behind no way to count your wager.

People sometimes forget that taxes taken are going to contribute towards the nation's growth and worth paying it, but I am against insane taxes which some countries have imposed on gambling winnings.

Implementing taxes on gambling is good as long as the money collected from the taxes goes towards the right work. I mean taxes are the reason behind roads, schools, etc and basically the whole economy revolves around taxes. Sometimes the taxes are collected but not used for the right work instead some corrupt individuals will use it for their own good which is where the taxes are not worth it.

Gambling is a means of entertainment and people should have no problem paying a small tax if they earned something while having fun at gambling but the problem is that most of the times money collected from taxes go towards individuals rather than the economy which is why a lot of people want to evade taxes.

I think the advantage of having higher taxes on gambling is that it detaches people from gambling and forces them to do something more constructive because although as fun as gambling might be, it is not a constructive way of spending time and time.

The only disadvantage of having higher taxes is that people might want to use illegal means of gambling since they want to avoid these taxes.

There is no pre-determined number in my mind but it should be small enough to keep the players away from illegal gambling sites and big enough to make sure gamblers feel bad about paying it and feel negative when gambling.

Yes, because they have to overcome the house and later pay tax if they win but in the long term it isn't a bad thing for gamblers because the intention behind taxes is to create disinterest towards gambling.

There will be a certain place as these taxes go. You're right and those are some examples where it shall go for developing countries but for most countries that have already a good infrastructure, there's another sector for which this taxation goes and those are like their health care system and other important benefits that their citizens are going to have. Huge taxes from casinos are also going back to the citizens that they can use if they needed to. The casinos understand that they're not spared from taxation because they can earn sums of money from this industry and the government is also taking a part.

I'm not good about how the tax will go but I guess the allocation is most will come to us, just like building infrastructure, widening of road and repair and also our health and of course our public employees, such as teacher, soldier or any public worker that under by the public.

Gambling taxes was a huge help to the economy and it can be bost the growth of the economy, if your government is not corrupt, for sure there's a good innovation of your economy and the tax that collected from gambling is worth it.

The tax will be for building anything necessary for our country. The government already knows the tax allocation because they already have a master plan of what they will do with the tax. But if we talk about corruption, I am not sure that all officers can prevent corruption because it is happening in many countries. But there will be an officer who will stay away from corruption because they know that will break their integrity to take care of the taxes.

of course how can you put tax in decentralized casino ? of course this is a centralized one that they are talking about.
But does the economy will really increase? or only the gambling operator and the politicians will benefits from this>? because the more the people lose is the more the economy down fall.

Yes, it's a sure thing that those will go with that said allocation. But as I've said too, if a country has already a good road and has perfect infrastructures, they won't just put it to that allocation. The government will put that through another sector that has been lack of funds and that's what I'm saying. As long as it's beneficial for the citizens of that country then that's where it's going to go. You enjoy to gamble, the casino gets taxed and they contribute to the service that the government is giving to its people freely.

Nevertheless, the gambler understands that a million with a 20% tax looks much less attractive than a million without tax, right? Therefore, he will try to evade potential tax payments and play outside the jurisdiction of his country, thus the country loses any tax deductions from him at all.

maybe many of us don't want or approve of taxes, but basically taxes are an obligation for those of us who really want our country to keep running and strong, because with taxes, the government will be able to get income to build any infrastructure or help the poor who need it indeed it still exists in our country, I think it is very important to apply a tax on gambling because indeed the amount of money turnover that occurs in gambling is certainly very large, so that at least the government can take a little benefit from it and of course with the tax proceeds it will be able to prosper its people .

All government where gambling is legal knows that gambling can be a good source of revenues, they are not only taxing the casinos, they are taxing its employees, businesses that worked with casinos, and entertainers, casinos are business that generates business, here in our country the government is running casinos and lottery so the health sectors has a good flow of cash, so we can conclude that gambling platform can sustain the needs of the government.

I agree.

However, playing outside the country would be hard especially if you're not a citizen on whichever country you'll go that doesn't have any tax in gambling. But it won't be a problem I guess if you're a popular person or a person that has many connections, but if you're just a normal man evading the tax in gambling in your country by playing abroad, it doesn't worth in my perspective.

It seems to me the opposite is true. If you are an ordinary person and do not play for large sums, then you will always find an option where you can play without KYC and without taxes. But if you are a famous person and play for large sums, then it is more difficult because the risk is great - in many countries tax evasion is a criminal offense, plus a famous person risks his reputation.

Anything that is getting money in the pockets of the government is apparently considered good for the country even if we have no idea how this money is getting used up.
Well for the starters, any business have taxes and therefore if we are talking about the gambling one for the big terms it's very understood that we are going to see government implementing taxes. But let's talk about what is not right :
" Implementing heavy taxes!! "
10-20% is honestly a big deal and it can for sure cause probelms for the people who are engaged in this business and also the small individuals who just started out. At the same time it's not an easy task to get it going so the initial cost is ofcourse going to be big , which can discourage some people from going towards it.
It's a necessary evil !
The gambling companies have to stay in business and  at the same time it will only work if the government is somehow getting benefited.

Putting tax in every businesses like in gambling casinos might it be online or not is a sign of being fair in law as it is considered as business. It can be small but it shows fairness for everyone plus the government can act if there are reports when something happens in such casino. Though it may be a small or big amount it will truly can help if the government alloted it well in some projects and not just in corrupt politicians. The problem now is not if the tax help its how the authority will use the tax.

I completely agree with your opinion. The main problem is exactly the waste of budgetary funds aimed at solving this or that problem through cunning schemes that allow you to withdraw part of the funds to the accounts of relatives or friends. I do not know how things stand with this in your country, but in Russia this issue is very acute.   

At the end of the day casinos and gambling is a form of entertainment if done right. Just like going to the cinema, skating an ice rink or racing go-karts. It has to pay at least the same amount as any other business and should maybe subsidize extra policing (entirely outside of their control) and social welfare programs (for problem gamblers). It should get no special treatment and might actually be subject to much more stringent financial checks because it is an industry that easily has the capacity for "cleaning" dirty money that criminals have acquired. A balance where the casinos can operate profitably but not so punitive that it drives the industry underground.

There is no unique answer, everything depends on each country in particular, how the taxation system is functioning and how the collected taxes are reinvested. If that money serves the community or to politicians only.
If the taxation system is too stiff gambling platforms will move to other countries but in general I don't think there is any country in the world who made the fortune on taxation of gambling platforms.

Not literally make out fortune but rather gambling taxes did make out big impact towards progress.
You are definitely wrong on this part because revenue made out by gambling industry isnt something that you cant just ignore or underestimate.
https://filmdaily.co/news/world-top-gambling-countries/

If their existence are not significant then doesnt mean that this industry is never been profitable.

Indeed, the gambling industry is a billion-dollar industry, and they are profitable that's why some taxes charged higher taxes on gambling business as they know they are making a lot of money.  Just try to imagine the saying that "casino never lose money", or " gamblers lose in the long run", you'll understand what would affect the profitability of the operators, which means they are just printing money.

Obviously, any forms of taxation, in any industry, are good for the country, as long as tax will be used for its purpose and not ending up directly corruption.

Pros - In general, check what's the benefit of tax
Cons - Corruption

Tax percentage depends on how's gambling industry is performing in that country. It's not like the government can just set a percentage as they want. It was being discussed in a session.

I don't see any reason why it should be a bad thing for gamblers unless they will face an increase in fees on deposits and withdrawals. But anyhow, a gambler is a gambler and they won't mind it.

I'm going to talk about my country, I think the tax charged in my country is very high and exaggerated, the government of my country, for example, in addition to charging very high tax, they charge a very high amount of fine in case of any infraction that the casino commit and this ends up leaving casinos in a difficult situation and does not encourage more casinos to want to be in my country and also makes people's profits not to be expected. gambling are risky things and every time someone wins it is because they took a lot of risk and for that reason it would be fair for that person to pay a very low tax amount. at times I think that the government puts this high tax to discourage people from being in gambling, because it doesn't make sense to keep putting high tax value on gambling


unfortunately the tax is used improperly and that's why I think that in the case of my country the tax should be charged a low amount where both the government and the people gain. it hurts to pay high taxes and see that the government is not doing anything to make the country better

Gambling is a billion dollar industry, but for the countries that hasn't legalized the gambling service won't be profiting out of it. Because, people will get into other loop holes for their gambling needs. For example in my country gambling is illegal and I prefer certain online platforms for my gambling needs. This means if I loss the country in which the gambling platform is registered gets profited and it is bringing money into the country. This way it is true that taxation and gambling services profit a country if planned and developed in a well processed manner.

There are no adjustments made? I think if most casinos there will voice out their concerns, that should create awareness by your legislators.

And with high tax there, do you somehow feel that tax really used properly? If yes, I also like to have a high tax but should be reasonable and depends on the average income by both companies and people. I know there is no perfect government and corruption won't end but at least we should see where our tax is going.


However, lowering taxes will even result in a worst-case scenario. That can be solved thru better adjustments though.

The average revenues of regulated casinos under the government can be seen when they are declaring the tax. For that, if the casino's revenue is high from their usual during the pandemic, they are really bound to for a tax increase which is reasonable.

But that imposed tax should be back to its usual too once the gambling activity will be the same prior to the pandemic.

It's to balance everything fair and square.

also, casinos will not agree with the government if the tax is too much for their business. because they will know internally if they are still on the positive end even if the govt will impose higher taxes on them. because if they are on the brink of losing, they can always sit down with the govt and talk about their situation. either they will close the business or meet to a certain percentage of tax. of course, the govt will like for the casino to operate, because they can get good money out of it. so they will agree and meet to a percentage, wherein both camps are in the win-win situation. i dont think the govt will favour on closing down a casino business.

Yes it's going to help the country, isn't gambling industry a big money maker? Look at Macau, Monaco, and Las Vegas, they generate billions of dollars a year in taxes because a lot of people are gambling and they in turn make a lot of money. We all know that the roads and bridges won't be built if there were no taxes.

Yes, that is because we use crypto, which provides anonymity to us. But I am still paying the taxes for my government and, of course, my bank monthly. Taxes really need to help the country grow and I see that gambling is one component business that can donate a big amount of taxes. Maybe the casino owner should get the taxes while the gambler doesn't necessarily get the taxes because we already pay the taxes from other things than from the gambling games.

That is right and that's what I'm explaining that taxes are just going with those said allocations but it can be everywhere. I've forgotten about the taxation with the employees and owners who are also employees of their companies which is basically within a corporation aside from the business itself. So there's a lot of taxation that has been happening in there and they're all obliged to comply with the taxation as they profit too from their customers which is greater than what they're paying. Some may be able to hide their entire gross profit but still, they cannot be exempted through their taxes unless there's a law that they're exempted if they're minimum or below minimum earners being applied to the employees.

I think you are wrong here. For instance, tax revenue from commercial casinos in the US is numbered in hundreds of millions, and sometimes even over a billion of USD per state, in the places like Pennsylvania, New York and Nevada. Also, I'm sure, places like Macau, Paris, London and Sydney are generating good tax revenue as well.

You are right on everything else, though. It's very important how the collected taxes are reinvested. Often a big part of the money is stolen by corrupt officials.

What are the pros and cons of it?
- The pros of taxing gambling platforms is that the government is able to get big taxes since gambling industry is a really big industry. Cons would be that there will be fewer businesses that wants to do gambling because they know that the taxes are going to be expensive and the gambling platforms will pass the burden to their clients albeit in a subtle way.
What should be the proper tax percentage for you that they should impose.
- For me, I think a really high percentage is the best thing for taxation of these gambling platforms vecause we all know how much money they make in a single day let alone a holiday.
Will this be a bad thing for gamblers?
- Not necessarilly unless you can feel it's effects being shouldered on you but most of the time, people who play there don't feel it and gambling businesses have a way of making people spend their money anyways.

Well, taxes has been the thing for the government for a long time since our days in Rome, taxes build army, bridges, roads, dams and other things that seem stupid but we can't live without. The only downside of taxes is that when people that are in the seat of power are corrupt, you can expect that you won't see any improvement despite having a lot of taxes. Taxing the gambling industry is a good thing because as @fortunecrypto said, it is a multi-billion dollar industry and it's a stupid thing to not dip your hands in those money if you are the tax agency.

I think that everyone who spends their money to buy goods and services are already paying taxes, it's just that it's so small that we don't seem to mind it. Your claim that not every official is corrupt is hard to believe in because I have grown in a country full of corruption so it's hard to find one that isn't and most of the time, they are either newbies in the league.

Although taxes are not fully able to help the state, but at least the existence of taxes will help ease the burden on the state a little, in every field in the country of course there are tax provisions that are indeed applied by the government, likewise with buying and selling transactions in that country, but we Know that the purchase tax is the smallest percentage tax available and may be under 5%.
With the implementation of the gambling tax, of course it will be very helpful, especially if it has a rather large percentage compared to other taxes, I think, as a society of course we have to think positively about the government authority that handles the tax and I really believe that no matter how bad a government authority is Of course, there are still people who are clean and anti-corruption.

We know that corrupt officials are in many countries and it is hard to eradicate because it happened a long time ago. Even if their clean officials want to eradicate it, it will not be easy because they must face officials who have a big power to control the other corrupt officials. But we should share the optimism that someday, the corrupt officials can take care of the tax and distribute it to the right place. And yes, the gambling business really gives big money to the country, so the country can grow and build many facilitates for the country and the people.

In general, I agree that this problem exists, but this is a separate problem and it is hardly correct to discuss the need to pay taxes with the existence of corrupt officials. I think most people imagine an ideal state without them and with enterprises that honestly pay fair taxes.

We can really make out such comparison in between countries that those who do have corrupt officials and to those who dont have.
You would see on how progressive it is and you would see on how its still underdeveloped into those officials who havent applied those taxes well.
Its true that tax is the bloodline of an economy and if its been used and applied well into things which are supposed to be used
then you would really be seeing improvement and that would really be beneficial into its citizens.

Well, in my own --perhaps there are pros and cons on the gambling site that pay tax. the pros is can help in economic growth and the cons will perhaps be increasing of being addicted to gambling. Usually, the tax rate will depend on the amount that he will generate on it on the gambling, even plyer will be deducted 24% up to more will be subjected to income tax withholding. I am also even not an expert on this taxing method but as far as I understand they should be entitled to pay taxes.

Corrupt officials will continue to exist. They are good at hiding themselves especially to the people and how they're making rounds inside the government is unknown by the others.
Well, there's this case that I've read that instead of the casinos registering to their government, they're only giving under the table money so that they can continue to exist and operate, corruption at its finest for real.

Yes, perhaps there is always a hidden tax in gambling business. It is an area of business that has always had links with people of dubious reputation and, in some cases like Las Vegas, the links with criminal groups has been clearly established. Even nowadays there is a link with the government an the practices that are allowed there are not allowed in other parts. I call this a hidden tax because at the end of the day this money will end up in the hands of the officials and eventually back into the economy by means of their purchases.

I think this also exists in other businesses. It is more like a bribe to keep that business establishment continue operating and be protected by government officials or any powerful authorities. If they fail to give those "hidden taxes" then they would face some violation resulting in their business to close. These hidden taxes are what make these corrupt officials and authorities become rich, their salary is just a small chunk of money compared to what they receive.

I can not understand that corrupt officials already get paid from the country as their income and that amount is bigger than the other officials. But they still take the money that belongs to the country to themselves instead of taking care of the tax and distributing it to the right places.
The casino gives that money to corrupt officials as protection money from the tax officials that come to them.

Money is root of all evil so expect those trash politicians to think stealing the country funds if they find opportunity to do it, But if the funds will really be used for something useful provably we can see more develop country and the funds gotten from gambling is truly useful since for sure tax from casino is huge. Although its not good to give the tax to corrupt officials but we should obey what the law says maybe they can steal from now but w can actually revenge by not voting them on next election.

Accordingly, I do not see what controversial issues remain in the topic, the truth is that corruption must be eradicated everywhere. Taxes are an unpleasant thing, but necessary for the functioning and development of society. Gambling, like any business, should be taxed  :)

Giving them legal status and facilities to run business requires tax payments in return similar to other businesses.Gambling taxation is not a bad thing if proper rules and tax percentage is set for them.They must not be under capital gain tax as 30-40% tax on each winning.For example you can set 10-15% tax on total profits of casino and that would not be problem for any house.Use that tax for economic benefits not to fulfill your personal bank accounts and still making obstacles for gambling casino which is bad thing.

Yes, I agree that money is the root of all evil but that will depend on how we can treat money. As long as the officials know that they must not corrupt the money instead of taking care of the money for all people's good in their country, they will not corrupt. But all of them are just humans who can get tempt by the power of money. That money will benefit all people because we can see that the government can use that money from the tax to solve and give better things to their people. We can revenge on them by not voting them, but when they already on that "hot chairs," they will do anything to make sure they will be back to hold their position.

If the taxes are put in the right places and no one is lining their pockets with the public funds collected from these taxes then it is really helpful for a country.

Obviously, taxes would not help if the government officials are corrupt, any taxes, not only limited to gambling taxes can be corrupted by anyone who has the power. However, since we are talking about the overall effect of taxes from casinos, we should understand that it really helps a lot to improve the economy.

Actually, it should not be asked because once a casino or gambling platform legally operates, it's automatic that they'll pay taxes as that's their responsibility.

I don't want to be too negative but sometimes the source of the poverty in your area can be a consequence of the support for the casino, both sides benefit can only be a description for the government and the casino, they have taxes and some members of the system will turn it into black funds for individuals, casinos lose the pressure and cooperate with the government, they are more open to sucking other people's money. Some charity event and we'll be grateful to the government and the casino, is that too naive?

I have been part of politics a bit of my life, been in some positions (very minor local stuff) and reached to a good level where I didn't have much power but I did had a chance to actually profit from it over everyone else (heard about some land getting the permit for a building way before anyone else, so I could have bought some plots and became super rich by now) and did not take it, I also got huge offers from other political parties to lead their parties local place in my town as well, that would have allowed me to retire before age of 40 if I took it, still did not take it.

I am not going to say I am a great person for not taking any of those deals, because when I didn't, I know someone else did, I actually know that they did, I know them in person, yet I know I am just not that great, why? Because I am happy financially so I didn't need to take it, I have a great job that I love doing and that is enough for me, I do not need to, but someone who is in financial distress? You would be 100% moron not to take those deals.

That's normal for them because greed is what makes them going on. And once they've already gathered a lot of money from their corrupt activities, that's making them hard to stop because it's becoming a habit of theirs.

Tax is the government income and it is what keeps the government operating. Gambling taxes contributes a lot to the government fund since there are a lot of gamblers who are addicted in casinos. The only problem is if the government is really using the funds properly as we know corruption is rampant.

There is indeed no wrong on using up taxes on particular sectors or industries on a certain country.It is just on how those funds would be used it well.

Not all countries does have those kind of leaders who are really willing on using up those funds for the good and not for the good of theirselves.

Asking out if it does really help? Of course taxes are lifeline of a country and it would really be useful it would be used on the right track,

If the government is good and clean the taxes coming from gambling casinos will greatly benefit the country, but if it's not it's going to deprive its citizen, it's always good to pay taxes on governments that are not corrupt, you can be sure that many new roads, hospitals are going to be created, and they can support many livelihoods and they can pay government workers.

As long as the tax rates remain at reasonable levels, I don't have issues with taxation. But taxation always unfairly target physical casinos. Those that are operating online hardly ever pays any tax. In many cases, these casinos will be registered in off shore tax havens such as Aruba and Dominica, where the gambling industry is not taxed. So they manage to offer a low house advantage, when compared to physical casinos that need to pay a tax of up to 90% on their profits. And with each passing year, more people are opting for the online casinos.

I see you can feel satisfied from what you already got and not taking the chance to having richer than others. That is a good attitude to works for the government and not chasing the money because you can get it without a problem. The more officials like you, the better the country will be. I appreciate of what you are doing so far and I hope many more like you can follow your step.

It needs a conciousness and aware that what we have is enough and we do not have to chase more because that can make us in a problem. Maybe we will not get that problem in shortly, but it will chase and haunt us in the future, so we better to think what will happen to our life because that can related to our family in the end.

I see that is normal to them, but if they can think about what will going to happen to them and their family, I am sure they will not want doing that because they will in the danger situations in the future. Yes, greediness will be the part of that and it needs to say NO to join in the corrupt officials but that will hard to avoid it if we do not have a control for ourselves.

As far as I know, large casinos that are network organizations in most cases are registered offshore, although they are physical casinos. Therefore, I would not divide the problem of taxation for online and offline casinos, in my opinion, it is only worth discussing the size of taxes and the audacity of companies that are trying to escape to offshore in order to pay meager taxes. 

I think let's keep this tax talk to fiat casinos and sports books because having to apply taxes to every crypto platform will just bring in more confusion as not all countries have applied this as a statutory obligation and on my behalf I have not signed up for the tax,am better slapped with tax invasion.... guys let's not forget what the government does to prevent crypto from growing so am not signing up for this tax either .

It's just all about the money and business. They don't think of what's near to them as long as they're aiming for the bigger bucks that they can take as they corrupt.
Well, in different countries it became their habit and even the citizens know, it's hard to prove it unless there's really someone who's going to fight for them.

Tend to disagree on some words because not all on aiming big does mean that that theyre corrupt.Of course they would really be aiming on something more beneficial for them which is on a bit common and we shouldn't really be that directly be judgemental that majority of the government in the world is corrupt.
There would be still into those who are really in concern into their governing vicinity and that's why they would really be mindful on things which
that could be possibly be taxed and would really be added up on the pot for those kind of usage which is understandable.

I agree to you that not all of them are corrupt but I didn't say that all of them are.
We're trusting them but there are some of them that don't do their job very well. As soon as they see how much money getting in from these taxes, you know that some of them are tempted to do the unnecessary.

There is no perfect government after all. Even how dedicated the top officials to solve the problem of corruption, there is always a mole that won't be involved and will continue to do a dirty game.

For me, as long as I see that there's a good progress and development, I'm fine with that as it much worst that we don't see anything good as we pay tax.

To somehow lessen the activity of corruption, at least even by a small percentage, just vote on the officials that have a good track record and transparent to their assets and liabilities.

It is true, I'm not pointing out that all of them are but there really are those that have been in the good governance and probably have changed their ways when they're able to see the uncleanliness inside their sectors.
That's where we're going, we can complain and look at those corrupt officials on their shadows and their return to the people is the progress that they give, although it's quite slow but that's it.

Governments are corrupt and liars and I see no reason to trust the taxes are going to the right place just because they say it on their paid propaganda. Actually the only thing taxes help is the government itself being reelected through populist actions that involve distribution of free money to the people when the election is near. Not that there is any solution for this, because the sheep begs for this kind of politics, but I think people should be conscious of the facts.

Probably it only encourages the population to buy clandestine cigarettes and liquors which are cheaper instead of stop smoking and drinking.

I disagree. If there is no profit for the government, or, in the ideal case - country, nothing stops them from banning gambling platforms, and even persecuting those avoiding the ban. We may not want any form taxing of the gambling platforms, because it will surely impact us gamblers, most likely in the form higher house edges, but we have to be realistic: if there are no taxes - the governments will be always putting spokes in the wheel.

This is a good approach, but it doesn't guarantee anything. At a certain moment, the "elites" become impudent and simply spit on the opinion of the voters. Have you heard that Biden's son is going to sell his daub for a lot of money? Isn't this an open case of corruption?
In my opinion, the most effective way to reduce corruption is to reduce the amount of government in decision-making.

And even if they manage to implement this and make work yet Gamblers will suffer because we are the one that will be paying this for the gambling operators .
that means the government is targeting gamblers and not the casino itself.

If they are not helping the economy of a country where they are operating, then it's no use giving them license and permission, gambling casinos taxes are a big help to any country's economy they pay big taxes and they employ a lot of people, although they have bad effects for people the huge revenues from the taxes are big advantages for any country, they have to ignore the disadvantages.

The government would not allow them to operate or give them a license if they believe there is a bad effect on the people. Using it as a general statement is wrong, because the reality is, it has only bad effects on irresponsible people.

Although that is about the money and business, I am sure the government will have clean officers who will not try to corrupt, especially if that money is related and for their people. Those corrupt officers need to get punishment if they are caught, and hopefully, the government can put them in jail for a long time. If one of those corrupt people can get caught, they can disassemble their organization and drag them out from their hiding place.

One country can be helped, benefited by gambling taxes in a virtual world only if it is able to master this technology. The right tools, the secure and precise system allow country with the needed accuracy to collect the fair percentage of taxes whithout harming any pocket.

Which countries governments are able to absorb and implant this technology?

Sometimes Countries prefer to keep their citizens gambling in disorder to take advantage with corruption!

That's true, because after all the state has facilitated them by law, then taxes are a must that must be paid by gambling business owners...

Casinos that refuse to pay mandatory taxes are closed because of how much money they make every day, is paying a little tax impossible? the state needs tax money from them to be able to continue to manage the country.

To have an idea of how much percentage the government should tax the gambling platforms avail to there nation, you ought to have an idea of there annual earnings and this is one thing most organisations or establishments are never truthful on.

On the notion of if, taxing gambling platforms is actually beneficial to the nation and its citizen, I'll answer by saying,

Is the idea of taxation actually beneficial to a nation?

If the answer to this question is YES! Then taxing gambling platforms makes no difference. What should be the major concern is, if the tax levied on the platforms are fair. Once its fair then, its all good.

To think that they arent only the business that had been asked out to pay something which means everything is fair and square on where you do really need to pay up as these things as part of obligation as a business and do comply with the regulation of said country.Everything would be taxed from small business to big business and there would be no exemption to that so whatever percentage had been set out by the government then as a business owner then you wont have any choice but to comply if you do like for your business to be still open.

Implementing tax on Casinos will certainly help the country because of the income,but it won't really be a good Idea by the government because there is no job in the country,casinos should also be giving the privilege to operate without the government's interference.As you said,payment of the tax will still be a hard nut to crack.

In the country gambling is allowed, government will not interfere with anything, all the government ls are concerned about are taxes paid. Some country will need the gambling site to pay tax, there workers will also gain from the gambling site while they will also have to pay taxes, also some will require punters to also pay taxes, that is all what the governments are concerned about. There is nothing they will interfere with other than paying tax which will help to generate revenue.

The casino will still give the privilege to operate by the government but they need to follow and obey the regulation, including paying the tax. As long as the casino can follow and obey, the government will have no problem closing their business and the government will protect the casino. The casino needs to be honest related to their income to the government to verify and give their review that the casino can give a deduction for their taxes.

I disagre!
The government also needs to be concerned and intervene in gambling to verify that the money entering it is not being used by criminals for money laundering.
It's also necessary to ensure that the population's economy is healthy and not being overspent in gambling, that can also lead the government to spend more on health care and financial aid for people who have fallen into gambling addiction.
Anyway, like any busines, it isn't enough for the government to just collect taxes, it's necessary to look after its population and ensure that this business is more helpful than ruining a country.

It base on the countryside because for such a country to innate such implementation of tax, i think they generate their revenue through tax, because am aware that some countries dont joke with tax and whenever you set up a business you most pay a tax to government in order to legalize your platform, their is nothing wrong with such policy rather for the gambling industry to accept the condition knowing that its government of the country rules and regulations, because looking at it in another way a country A and country B will not have the same terms and conditions.

Do not disagree reality.

The money can be traced from non gambling source to gambling account, or to anyone's account that is not gambling related, it is just that government should not be given praise specifically about this, it is a general thing in the society which is not only gambling related.

Government do not care about this, there are many addicts now in prison, some committed suicides and so on of bad occurrences, but why the governments in such countries never banned the gambling sites? The government do not care about you.

No matter what, gambling will be more helpful for the governments while citizens are losing money to gambling, nobody cares, no government that allow gambling cares.

I believe that gambling businesses really help a lot to the economy of a certain nation because the tax that the said gambling institution is paying is what really matters. I mean that the government or the country will surely implement a gambling institution to pay tax in return for the legal operation of the said business and it was a requirement to pay tax. Nonetheless they would not legally operated or worst couldn't operate without the proper coordination with the government. 

I don't know if the gambling industry in a country is banned, I don't think the gambling business will pay taxes because they are standing illegally. Because for them to comply with taxes, at least the gambling industry must be legalized first, because with the legality of a business, of course it will have to do with complying with taxes. So if gambling is illegal in the country then of course, they will not pay taxes because even the local government forbids gambling business.

and this is why, some can afford to pay higher taxes because they are really earning good profits. about being truthful about their annual earnings, i guess it is also happening not only to the gambling industry. and this is the reason why there are corrupt officials because they can manipulate the financial books of the company they are assigned to and get the kickback of doing so.
and also, if the tax will be the reason of bankruptcy of a specific casino, i think, this casino can always arrange a discussion to the government and discuss that they can't afford to pay such high percentage of tax. they can always meet in the middle to have a win-win situation to both sides.

Tax is the blood donation from the economy, ideally a government should not drain so much blood the economy dies.   The best tax to levy would very low percentages in order to encourage all global gambling to want to reside in that country rather then the opposite which requires walls to be built to stop customers, business and trade fleeing from oppressive regimes which contribute nothing towards the operation of an otherwise stable business.  Even if a government is not corrupt, by its nature government is an expense which is costing all residents where as all other trade must compete and be the best the government relies on guns to enforce its legitimacy is often the worst operation and value to any user.

It does and that's why there are countries who have their focus on gambling like Macau. And in cryptocurrencies, it's undeniable that one of the reason of its adoption is through the gambling platforms.
The first to accept cryptocurrencies and it's all because of them and the taxation that they're paying on the country where they're based surely helps the economy.

If the Government would benefit transparently, I would agree that's good to tax gambling but not on the situation of over taxation. Sometimes, there's a unfair treatment for this certain business as they will impose some strict rules towards it, that's why the gambling operations will be forced to pay for bigger tax. Hopefully if this would come to an implementation, it would come to a fair taxation bracket in order that the equal opportunity will be given same with other business operations that paid legit taxes.

This is all about tax and theres no such business would really be exempt on this one because we know on what are the usage and benefits of taxes if its really be applied or used on the right way.

Tax is the blood of the economy and its a crucial thing that the government would really be minding about on getting taxes not only limited to gambling business but other businesses as well.

For a country to progress then it would really be needing on the help of tax.

I totally disagree with this.

Giving such privilege will also allow illegal gambling operators to operate freely. With these taxes, somehow it can minimize the growth of some illegal gambling as operators there need to pay tax which they don't like obviously.

Let alone tax be implemented to the casinos. The only problem here is the percentage of tax but it can be discussed and arranged properly in a plenary session.

It is an important source of funding for a government to proceed with its project. And that's why there has been several countries that have been open with gambling, physically but they've banned the online casinos. There's a reason why they've done that and it's all up to your understanding why they did it. Taxation from casinos without a doubt really helps a country.

-Why it wouldnt help? Of course on where tax does play a great role when it comes to countries development.
-I do only see Pro's on where development and progress would be there but only if those taxes had been used on the right way and wouldnt be corrupted or stolen.
-Percentage will vary because not all government would be having the same jurisdiction when it comes to this.
-House might really be showing off some increase since they had been asked for more bigger taxes but for sure it wouldnt really be that noticeable at all.

just like any other business, they should also be taxed. maybe the only bit of difference is that the amount collected from gambling businesses is quite large as compared to other businesses. that is because some of them are really raking good money esp if there's too much foot traffic in that area. now, it depends on the government how they want to get money from this type of business. definitely, both camps will agree to whatever percentage the govt wants. otherwise, the gambling site will not thrive and that is also not good from the govt, because they will lose their income from them.

Upon the determination of the government on which platform to tax, it evaluates each business on whether they are profitable or liquid enough that the cashflow is steady enough. Unfortunately, they targeted online gambling platforms since the income that these businesses earn per year is just mind-blowing compared to any other businesses.

As we all know, tax is the lifeblood of the government since it allows them to spend for future projects, etc. But the taxing power must be exercised with discretion because it also has the power to destroy- high taxes can potentially cripple a business.

No government that is concerned with its economy will put lavish taxes on any business, they have to ensure that the business could still operate profitably with taxes, otherwise, the tax is just created to kill the business and the revenue would only be temporary. This business industry is huge, if they don't get fair treatment in terms of taxes, they will operate overseas where taxes are reasonable.

In my opinion, the gambling tax for casinos should be the same as the regular tax from salary. So in the case of how the casino earned, it accounts for it and pays the tax. If casion has lost, pay nothing, just like every citizen.
High taxes for casinos are bad for players because casinos have to increase the chance of their own winning, which makes it for players less likely to win. Consequently, it is the players who lose the most.

I don't think it should be treated that way, casinos for sure do not belong to taxes on salary, so you are saying those who are tax-like salary are those who are making a profit in casinos? Casinos operate as a business, they have their income and expenses, and as long as they are in profit after a certain period, they should also pay the corresponding tax. It's a complicated matter especially if we are not well versed with taxation, but in simple terms, we can understand that business does always pays taxes, different forms of taxes actually but the most common is the income tax.

I think everyone agrees that casinos are a business and therefore, like any business, they must pay taxes. Disputes begin when we talk about the tax on winnings. In my opinion, it should be zero or something very small. In the end, it is impossible to have a regular income from gambling, why not regard this as a gift of fate)

Yes, it is pure business where luck has got importance. So taxation on gambling houses and winnings is right. Each and every country depends on the tax money, because it'll be the major earning to the government. In my country when one wins a lottery he/she will be provided almost 60% while the 40% counts on different forms of taxes. So government is benefitting big. As said it is good when the taxation is made on wins above specific amount.

Sorry, I wrote it the wrong way. I meant "income" just like any other person or company - obviosly salary was wrong word here.
Of course, my point was that casinos should be treated just like any other company in terms of taxation. The only difference may be granting special licenses and remaining under the supervision of external institutions.

You don't know how taxation works? Casinos are big business and you want them to pay tax the same as an individual employed person?

Are you fine that casino operators operated by rich businessmen will just pay a few cents of tax to the government while another small business operated by a small group or individuals is complying with the set tax for them?

Even we will replace the word "salary" with "income", casinos' tax should not be the same as other businesses.


Where did you get that idea? ???

Yes, it's already hard enough to hit a nice prize in gambling and finally when someone win the jackpot the government is ready to take a big piece of the cake. Interesting that when we lose, the government doesn't share the loss with us, but when we win we must share our winnings with the government.
This kind of situation gives some notion about how things really work and how the government is not worried about anyone else besides themselves collecting maximum money as possible from people. Then someone might say these taxes will be returned to people in public services. And I would say this money is only going to public employees pockets, because the country has a lot of them to maintain.

No I don't think it's good that it will be based on salary, remember that gambling houses are a really good money makers and they are a business establishment so I don't think that making it equal with workers wages is kind of disrespectful to the workers who get taxed. It should be much higher too because as you have said, players are the one who lose the most and not the house.

Don't post as if You understand what you are quoting , he is referring to the percentage depend on how much the casino sites are gaining.

but not necessarily mean they will put the same as what the workers get.

Example the government will put at least 10% of the total profit then if they earn million then they will pay Hundred thousand . but if they lose then they pay nothing .

and how come this become a disrespect to the worker comparing to their wages? they are being paid so as the tax must.

100% true!
It is especially funny that there are places where the tax on winnings is calculated on each bet made. For example, a person made 100 bets and won in half of the cases and lost in half, in fact he won nothing, but the government believes that he must pay tax for each of the won bets. This is absurd and there is nothing surprising in the fact that any adequate person avoids such "care" from the state  ;D

Having a tax may give benefits to their country because they are paying their contribution because they are earning a large amount of money not all the time you are just earning and we have a different set of rules in our country regarding the tax if you are a large time earner its there's a designated amount of tax will be given to you. But of course, you cannot get your money when your dead so its good to be fair to the country to give a small amount of your total earning if you want to lessen the tax I think its a different conversation or story.

The point here is "implementing a tax on a gambling platform", which means on the business, not the people or the gamblers as that's very abnormal. Of course, it will help the government as tax can be used for government projects, but they should not only be concern about the tax, they also need to ensure to put a law that would protect both the gamblers and the gambling operators, but mostly the people so they'll be responsible in gambling.

As a gambler, that's what I only want, to enjoy gambling without thinking of taxes because it will give us 100% entertainment. The logic is, most gamblers lose money, so why pay taxes if we win when we are not getting any when we lose, and besides, most gamblers just play for fun, so they'll not track their winnings and losses.

I was not worried about tax whenever i bet but this is crazy to tax on winnings and no incentives for loosing  :D. Government is looting in the name of tax for a long time and sometimes i feel like the politicians are getting everything for free and they do not pay the taxes and we are the ones that are squeezed for all the hard work we do.

There's no need to worry on our side if we're going to bet because it's the shoulder of the casino where we are betting. But if such adjustment will be made by the government to increase the taxation for the casinos. I still can't think how they're going to adjust with that increase, maybe the withdrawal fees will be also adjusted and a few portion of it every time it's done will go to them.

Implementing taxes on a gambling platform can affect us regular gamblers too. To compensate the decline in profits caused by taxation a gambling platform can increase the house edge, especially if they won't survive otherwise. I personally don't mind because moderate taxation is normally a good thing, as have been stated many times in this thread, and also the house edge increase, say, from 5% to 6% doesn't actually affect much our gambling experience.

The altimate reasons for tax collection by government is to generate revenue to help fund budgets and pay salaries for workers. Taxing gambling platforms is very important to a country growth just like other companies which are taxed for revenue.
Gambling platforms do generate high profits considering the rate at which people are thirsty for money this days doing different things to make money. Gambling is a spirit which is very enticing and addictive making people do engage more in it with the mindset of making more money even though one keeps losing.