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Maslate
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December 27, 2025, 01:07:29 PM |
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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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Botnake
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December 27, 2025, 01:23:32 PM |
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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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Findingnemo
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December 27, 2025, 01:33:47 PM |
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We pay taxes even for the life-saving medicines, do you really think that the government will leave the gambling winnings?  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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tvplus006
Legendary
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To the Moon
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December 28, 2025, 05:23:21 PM |
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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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December 28, 2025, 05:55:59 PM |
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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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Wakate
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December 28, 2025, 06:00:02 PM |
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We pay taxes even for the life-saving medicines, do you really think that the government will leave the gambling winnings?  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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DaNNy001
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December 28, 2025, 06:43:12 PM |
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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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DiMarxist
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December 28, 2025, 06:46:58 PM |
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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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Findingnemo
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December 28, 2025, 07:02:44 PM |
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We pay taxes even for the life-saving medicines, do you really think that the government will leave the gambling winnings?  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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$weetne$$
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December 28, 2025, 07:12:54 PM |
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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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justinlamode
Full Member
 
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The secret to happiness is making others happy
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December 28, 2025, 07:50:17 PM |
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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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Numeral
Legendary
Online
Activity: 1078
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December 28, 2025, 08:33:25 PM |
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The governments of many countries are very selective in their actions, they will not help the losers, I have never heard of such a thing, but on the contrary, they may scold them, saying that they should not have played, that it is their own fault, and so on. But when someone wins, they immediately ask them to pay tax. As far as I know, even lottery winnings are subject to tax. By the way, one of the reasons why people play at online casinos for cryptocurrencies is so as not to go broke on taxes, among other things. Ideally, many things should not be taxed, but governments, on the contrary, are looking for as many opportunities as possible to replenish the state treasury. In some countries, taxes are higher, in others they are lower, but one way or another, they exist everywhere. There is also a practice whereby the state requires bookmakers to pay tax if winnings reach a certain amount.
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o48o
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December 28, 2025, 08:46:32 PM |
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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. I really don't see this as a good thing I know a lot of countries their government is also doing this shit, what happens if we lose do the government assist us. The government tax for almost everything, I head out of the $140 million AJ got from his recent first government is taken $66 million as tax however if he get killed in the fight the government won't care about his family as he will care and take care of them. For me gambling should not be taxed.
Just out of interest, what should be taxed then? I mean what are the areas in your economy that are suitable for taxing? Every time i hear people complaining about taxes, they are taxes that concern them specifically. It doesn't seem too follow any other logic, like how much it benefits the infra, like should it be more taxing unhealthy products or what? We don't have gambling win tax, but we have high taxes overall elsewhere on society. Would that suit you better? And our non-existing taxing for gambling is pretty much remain from the time when government had monopoly on all gambling. Money raised was mostly used for helping people, so everyone wanted people to gamble. Now it's changing and taxing is probably going to start at some point as well, as i really don't understand how that's still not taxable.
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Wakate
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Today at 08:06:25 AM |
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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.
The government is only making things worse by trying to enforce tax on our gambling winnings. What will happen to those that have been losing money to gambling and finally made profit and the government will now have to tax my gambling winnings without knowing that I have been making loses from betting for few days or weeks.
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Ishicryptic
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Today at 09:38:29 AM |
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The governments of many countries are very selective in their actions, they will not help the losers, I have never heard of such a thing, but on the contrary, they may scold them, saying that they should not have played, that it is their own fault, and so on. But when someone wins, they immediately ask them to pay tax. As far as I know, even lottery winnings are subject to tax. By the way, one of the reasons why people play at online casinos for cryptocurrencies is so as not to go broke on taxes, among other things. Ideally, many things should not be taxed, but governments, on the contrary, are looking for as many opportunities as possible to replenish the state treasury. In some countries, taxes are higher, in others they are lower, but one way or another, they exist everywhere. There is also a practice whereby the state requires bookmakers to pay tax if winnings reach a certain amount.
Government major source of making money is through taxation so as an individual anything that puts money into your pocket you should expect your government to take it's own share of it. Your government don't need to tax you personally, the casino where you won will discreetly deduct the tax amount and give you the rest. Whether you are winning or losing your government is making money off you, they take from your wins and when you lose they take from the casino. We should accept taxation as a part of our lives because there is nothing we can do about it because it is a crime to evade tax, what you need to hope for is that the country you are in has a fair tax system.
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Beparanf
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Today at 11:34:47 AM |
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The government is only making things worse by trying to enforce tax on our gambling winnings. What will happen to those that have been losing money to gambling and finally made profit and the government will now have to tax my gambling winnings without knowing that I have been making loses from betting for few days or weeks. This is the sad reality when they do this. It’s unfair for us gambler because our PnL is still in negative despite we won sometimes but the government counts our game result not the PnL same with trading which they are now charging tax on profit. You don’t have to worry about this if your country have no strict monitoring for taxes but for country like US this is a big problem because IRS is very serious on tracking taxes.
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Lida93
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Today at 01:33:07 PM |
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have been losing money to gambling and finally made profit and the government will now have to tax my gambling winnings without knowing that I have been making loses from betting for few days or weeks.
This is the sad reality when they do this. It’s unfair for us gambler because our PnL is still in negative despite we won sometimes but the government counts our game result not the PnL same with trading which they are now charging tax on profit. You don’t have to worry about this if your country have no strict monitoring for taxes but for country like US this is a big problem because IRS is very serious on tracking taxes. Taxes as very necessary to be paid to help the government provide the required public goods and services for the citizens. But for us the gamblers unlike those who are working and sure of receiving salary at the end of the week/month, a gambler in a month could lose 3x of what he may have won in a month and still be taxed for each time of those won bets despite the losses he had suffered. I really don't have a good knowle of how the PnL are calculated with respect to the taxes a gambler pays but I think it's not in the general favour of the gambler.
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allfriends88
Full Member
 
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HelloCasino.io - Crypto-Friendly iGaming Platform
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Today at 02:43:08 PM |
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That's how the government works: if you make money, the government has the right to collect it through taxes, but if you don't generate any income, the government has no right to help you. Whether it's gambling or not, the concept of tax collection is not much different than if you found a gold, gas, or oil mine in your yard it belongs to the government, but if if you found marijuana plants in your yard, it belongs to you.
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Fredomago
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Today at 03:33:10 PM |
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have been losing money to gambling and finally made profit and the government will now have to tax my gambling winnings without knowing that I have been making loses from betting for few days or weeks.
This is the sad reality when they do this. It’s unfair for us gambler because our PnL is still in negative despite we won sometimes but the government counts our game result not the PnL same with trading which they are now charging tax on profit. You don’t have to worry about this if your country have no strict monitoring for taxes but for country like US this is a big problem because IRS is very serious on tracking taxes. Taxes as very necessary to be paid to help the government provide the required public goods and services for the citizens. But for us the gamblers unlike those who are working and sure of receiving salary at the end of the week/month, a gambler in a month could lose 3x of what he may have won in a month and still be taxed for each time of those won bets despite the losses he had suffered. I really don't have a good knowle of how the PnL are calculated with respect to the taxes a gambler pays but I think it's not in the general favour of the gambler. That's valid point, most of the time there are more loses that a gambler will suffer in a whole month of betting while there are some instances that a gambler may win, but the point of deducting taxes each time you win surely hurt gamblers finances, though there's nothing that a gambler can do if additional taxes is needed to implement the only thing that they can do is to blindly followed the rules and regulation for them to takeaway and cashout their earnings.
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Lida93
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Today at 04:41:21 PM |
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Taxes as very necessary to be paid to help the government provide the required public goods and services for the citizens. But for us the gamblers unlike those who are working and sure of receiving salary at the end of the week/month, a gambler in a month could lose 3x of what he may have won in a month and still be taxed for each time of those won bets despite the losses he had suffered. I really don't have a good knowle of how the PnL are calculated with respect to the taxes a gambler pays but I think it's not in the general favour of the gambler.
That's valid point, most of the time there are more loses that a gambler will suffer in a whole month of betting while there are some instances that a gambler may win, but the point of deducting taxes each time you win surely hurt gamblers finances, though there's nothing that a gambler can do if additional taxes is needed to implement the only thing that they can do is to blindly followed the rules and regulation for them to takeaway and cashout their earnings. That's exactly how it is, there's nothing we can do about it and even though it hurts we just have to reluctantly comply, and it's a system designed that even before you're able to withdraw your profit the tax has being deducted from it. And it would have being better if certain incentives we given to the gambler perhaps at the end of the month or year from a total of the losses he might have endured for the period, unfortunately it's not done.
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