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Author Topic: Those your government also tax wins from your bet.  (Read 718 times)
Maslate
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December 27, 2025, 01:07:29 PM
 #121

This is why my country's government cant banned POGO and other casino because we are getting billions of income from gambling.
They already banned POGO.
https://pco.gov.ph/news_releases/pbbm-signs-into-law-anti-pogo-act-of-2025-institutionalizing-ban-on-pogos/

What we’re seeing now are gamblers using local operators. Honestly, it would’ve been better if POGOs weren’t banned, since they were catering to non-locals anyway. That way, locals stay protected while the government still earns from tax collections.

The real problem wasn’t the concept itself, it was the poor regulation. If things were handled properly, a lot of the crimes linked to it could’ve been avoided.

 
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December 27, 2025, 01:23:32 PM
 #122


The real problem wasn’t the concept itself, it was the poor regulation. If things were handled properly, a lot of the crimes linked to it could’ve been avoided.

When a country is corrupt, things like this can easily happen. Once there’s new leadership, new demands or priorities come in, and suddenly cases that were never touched before start to surface, especially if people don’t cooperate. Taxes are one of the biggest sources of corruption for leaders. If they can’t maximize that, then there’s less money to abuse. You know what I mean,...

As for taxes on betting, that part isn’t even clear yet. There’s no specific bill for it so far. The law is very general, pay taxes on income. But winnings aren’t really income if you look at the bigger picture, because once you tally everything, most of us are actually at a loss.

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December 27, 2025, 01:33:47 PM
 #123

We pay taxes even for the life-saving medicines, do you really think that the government will leave the gambling winnings? Grin

I am fine with gambling taxes but the government should not have taxes like 30% or 50% that just feels unfair but 5% seems totally fair to me.

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Today at 05:23:21 PM
 #124

Australia and Canada also do not tax gamblers, the countries tax only the gambling platforms.

Yes, indeed, in Australia and Canada, the operator pays the tax on winnings, not the player. But this only applies to regular players. If a person is a professional gambler, that is, he regularly receives winnings, then this rule does not apply to him and he is obliged to pay tax on his winnings on his own.

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ScamViruS
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Today at 05:55:59 PM
 #125

There will be uptrends and downtrends in the market, and that is why the market follows its own rules. So, just as there are sellers in the market, there are also buyers in the market, which will result in the market recovering in its own time. However, if the country's elected representatives are corrupt, then this tax money will not be of any use to the citizens. The people of that government will end it all through corruption. So I think there is another possibility that the government will increase this tax even further, I wouldn't be surprised if it goes up to 20-25%, because the government knows there is a lot of money here.

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Today at 06:00:02 PM
 #126

We pay taxes even for the life-saving medicines, do you really think that the government will leave the gambling winnings? Grin

I am fine with gambling taxes but the government should not have taxes like 30% or 50% that just feels unfair but 5% seems totally fair to me.
This taxation depends on the country and it now looks like the government are working with other government to tax people so that they can make plenty money from us. I will not be surprised if gambling winnings will be taxed by the government when there are people that don't even have a job and now taxes will no longer be for the rich alone but everybody.

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Today at 06:43:12 PM
 #127

Funny enough people think that income tax is just going to start next year in Nigeria but a lot of people running online businesses are complaining about being taxed...few months back i noticed that after withdrawing my win into my bank account a few was deducted, I paid no attention to it because I thought it was just regular bank charges but now I actually think that those were tax on my profits

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Today at 06:46:58 PM
 #128

Funny enough people think that income tax is just going to start next year in Nigeria but a lot of people running online businesses are complaining about being taxed...few months back i noticed that after withdrawing my win into my bank account a few was deducted, I paid no attention to it because I thought it was just regular bank charges but now I actually think that those were tax on my profits
Those deductions you noticed after withdrawals are most likely withholding tax, stamp duty, or platform-related charges, not something that just suddenly started. Before now, many online earners flew under the radar, but with banks and platforms becoming more connected to regulators, it’s harder to avoid deductions. So it is not that income tax is starting next year; it’s more that the government is expanding how it’s collected and who it reaches. Anyone earning online now really needs to pay closer attention to their transaction details and understand what exactly is being deducted and why.


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Today at 07:02:44 PM
 #129

We pay taxes even for the life-saving medicines, do you really think that the government will leave the gambling winnings? Grin

I am fine with gambling taxes but the government should not have taxes like 30% or 50% that just feels unfair but 5% seems totally fair to me.
This taxation depends on the country and it now looks like the government are working with other government to tax people so that they can make plenty money from us. I will not be surprised if gambling winnings will be taxed by the government when there are people that don't even have a job and now taxes will no longer be for the rich alone but everybody.
Taxes are for everyone for at least 2 century now, so it doesn't matter we have a job or running a business or simply bought the lottery with our last meal money and won the jackpot, we will be taxed, and most of the time the funds will be deducted from the winnings if it's a local casino or the user need to pay the taxes at their financial year's end.

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Today at 07:12:54 PM
 #130


This taxation depends on the country and it now looks like the government are working with other government to tax people so that they can make plenty money from us. I will not be surprised if gambling winnings will be taxed by the government when there are people that don't even have a job and now taxes will no longer be for the rich alone but everybody.
This for real does feel sad to an extent, I believe most people in countries where this taxes are been taken, they would definitely wish it is not and if there is a way to by pass they would want to become some how it is not really clear the rationale behind taxing gambling wins, that cannot be explicitly classified as an earning because it is not a consistent means neither is it something one will consider sustainability from, people most often cannot even associate with it as an occupation, so I do not know why some luck based activity will be taxed mostly when it favours the gambler but never when they suffer a loss.

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Today at 07:50:17 PM
 #131

In my country they tax you from your every win you got from betting, in Nigeria a 5% withholding tax is deducted at source from winnings by betting operators for residents, while a 15% rate applies to non-residents.
Am not sure of the percentage as you have presented them, but i know that the new tax implementation is taking effect on January 2026 and am not also sure if they emphatically stressed it that the gambling section is going to be affected or not, this is why its more better to include reference to some updates we share for proper discussions, government cannot do without taking tax, but on gambling winnings is something not befitting at all in my opinion.
I'm also not too cool with taxing gambling wins because it doesn't look considerate that the player will bear the burden of losses that is even more but whenever he wins, he will still share the money with the government. The only time government ought to collect taxes in gambler is from the casinos who are the most profitable in the business. My government do not tax gambling wins but due to the implementation of a new tax law which I supposed is the same you are referencing too, they might begin to tax gambling wins.

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