bakasabo
Legendary

Activity: 3108
Merit: 1319
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July 08, 2026, 01:48:07 PM |
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I think there are very little people who knows absolutely everything about taxes. Regular gambler for sure isnt not aware about tax rules in his country. A person only start to learn about taxes when he is in trouble after tax authorities inform him about unpaid taxes or ask explanation of his income sources.
Speaking about if gambling tax is reasonable, I can say that a lot of things about taxes can be absurd, hard to understand or unreasonable. As usually a lot depends from situation. I think I can never understand why a person when he retire and get pension, those money are considered as income and are taxed, when those money were already taxed when that person was working and paid them? Why tax return is income and must be taxed again?
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Zlantann
Legendary

Activity: 1652
Merit: 1304
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July 08, 2026, 01:56:48 PM |
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What do you think, should gambling winnings be taxed, or should this kind of tax be abolished and the government should collect more from casino operators instead?
Gambling wins should be taxed with some important conditions. The gambler should be given the privilege of subtracting all his losses before the remaining amount is taxed. Business tax is calculated with profit; therefore, gambling shouldn't be different. The government shouldn't just enjoy the revenue from wins, while we have accumulated losses over time. In my country, registered casinos are mandated to subtract taxes from every win, and it will be remitted to the goverment. This is why I prefer using crypto casinos that don't have connections or contracts with the government.
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Agbe
Legendary

Activity: 1680
Merit: 1455
Leading Crypto Sports Betting & Casino Platform
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July 08, 2026, 02:02:12 PM |
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I have not really make a holistic research on that issue since I am not using local casinos to gamble but the international casinos are the ones I am using. But I heard some of my men saying that all winning has a specific percentage of tax government is collecting therefore before you withdraw the money to your account, they would deduct their percentage from the total winning and the balance will be send to your account. And I believed this is not a new thing in most countries.
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Oasisman
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July 08, 2026, 02:10:12 PM |
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What do you think, should gambling winnings be taxed, or should this kind of tax be abolished and the government should collect more from casino operators instead?
I agree, the government should tax the operators only. Regardless of the winning amount, all should be tax-free. BUT! Taxation is like a legal scam, operated by the government, lol, so they shall impose tax on all things where you earn money. Taxing a gambling win is not what hurts the most, but taxing you big time on things that you built from sweat and blood, and when it pays off, the government is already there waiting for you to take their share. I remember the satire saying like "When the government finds gold in your property, it will automatically become their property. But when they find drugs, that will be without any doubt, yours" There's not much we can do about all this taxation stuff, but gambling is one of the industries where a large portion of taxes comes from. Whether it's from the operators or from the players.
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Natalim
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July 08, 2026, 02:11:53 PM |
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I have not really make a holistic research on that issue since I am not using local casinos to gamble but the international casinos are the ones I am using. But I heard some of my men saying that all winning has a specific percentage of tax government is collecting therefore before you withdraw the money to your account, they would deduct their percentage from the total winning and the balance will be send to your account. And I believed this is not a new thing in most countries.
Rules may vary depending on which country you are living in. But I believe it is a standard rule that there is a ceiling for winnings that are not taxable, and once you go beyond that, it can become taxable. Normally, this is strictly implemented in countries like the USA and other major countries, I guess. So for me, since I am not living in that kind of country, I would not worry much about it. I remember before, I won $2k from our local bookie and I did not pay taxes or receive any reminder, so I think taxes on gambling winnings are not really applicable in our country, or at least not strictly implemented.
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KTChampions
Legendary
Online
Activity: 3122
Merit: 2402
Leading Crypto Sports Betting & Casino Platform
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July 08, 2026, 02:12:45 PM |
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Are you familiar with taxes on gambling winnings? One reason why the government wants players to use regulated casinos is not only because they can tax the casino operators, but also because they can tax the winnings of players. ~
I know one universal rule that is easily applied and works great for gambling taxes (as well as for any other taxes): you must avoid taxes!  You have to be a complete fool to give your money to someone who will make things worse for you, it’s literally like feeding your enemy. While there might have been some debate on this matter before (and perhaps the situation really was different), now in 2026 there is simply nothing to discuss. It's getting more and more difficult every year, but we're on a cryptocurrency forum, so we can do something 
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Sanitough
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July 08, 2026, 02:20:00 PM |
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I know one universal rule that is easily applied and works great for gambling taxes (as well as for any other taxes): you must avoid taxes!  That is easy to say, some gamblers may choose no-KYC casinos because most of them are probably not licensed, which means they may not report your winnings if you win big, as long as they pay you. But of course, there is a big risk in using unlicensed casinos. Even if some of them have a good reputation, you are still not fully protected if something goes wrong. If we are worried about tax while using licensed casinos, then that is just part of gambling legally. Tax is almost inevitable if the law requires it. Maybe there are legal ways to reduce or avoid certain taxes, just like what they call tax avoidance in business, but that should be done legally and not by simply hiding winnings.
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Yablee0
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July 08, 2026, 02:33:48 PM |
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The governments are looking for just little opportunities that they can use to tax people which is very wrong. Gamblers supposed not to be taxed, only the gambling sites and gambling platforms supposed to be taxed. Only few countries like Canada and Australia are doing good for not taxing gamblers.
They don't waste time when it comes to taxations, but they won't be there to share from your pain but only shows up in good times. However, taxing directly from the gamblers that are only opportune to win once in a while is very cruel, when the gambling platforms are the people benefiting from the lion share. However, what @Charles -Tim said is right , perhaps taxing from the casinos owners and co should have been more fair and conducive because having a single winning comes with a whole lot of multiple lossing streak.
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Renampun
Sr. Member
  

Activity: 3094
Merit: 414
NO DEPO CODE VEGAR7, NO KYC Casino
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July 08, 2026, 02:40:24 PM |
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I think most people would say that gambling shouldn't be taxed because the government only wants taxes on people's winnings, and the government doesn't care about people's losses. however, the government doesn't care that they will still tax gambling winnings regardless, since from their perspective, gambling should have an impact on the state and contribute to public revenue, just like other activities that generate taxable income.
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rdluffy
Legendary

Activity: 3024
Merit: 2007
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July 08, 2026, 02:40:49 PM |
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Here in Brazil, the tax rate is basically 15% However, there may or may not be an exemption, depending on the bettor’s income If the user does not exceed the annual income limit, no tax is applied
It seems simple, but to be honest, it leaves us a little confused In addition to this tax, the betting company also pays taxes in addition to the license fee every 5 years
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Russlenat
Legendary

Activity: 3570
Merit: 1080
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July 08, 2026, 02:42:18 PM |
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They don't waste time when it comes to taxations, but they won't be there to share from your pain but only shows up in good times.
That is what they do, they do not care about our losses, they are only after our wins, that is why it is called taxes on winnings. It is just like alcohol and cigarettes. They are not prohibited even though they can destroy health, but the government is still after the taxes. In our country, taxes on those products are high and they are called sin taxes. So maybe taxes on gambling are also always high, but like some of us here, I have never experienced paying taxes on winnings. Maybe I just have not won an amount that is already taxable.
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Lannakosa
Legendary

Activity: 1302
Merit: 1336
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July 08, 2026, 02:46:21 PM |
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Are you familiar with taxes on gambling winnings? One reason why the government wants players to use regulated casinos is not only because they can tax the casino operators, but also because they can tax the winnings of players.
But do you think this is really reasonable?
For me, it feels complicated and unfair in some way because most gamblers are already losing in the long run, then once they get lucky and win big one time, the government still wants a share from that win. It is like we are expected to keep records of our wins and make sure the right tax is paid, and if we miss it or fail to comply, we could be at risk of penalties or legal trouble.
I understand that the government needs revenue and regulation is better than illegal gambling, but should the burden really be on the gamblers too? Since casinos and gambling operators are already earning from players, maybe it would be better if the government just increased the taxes on operators instead of taxing player winnings directly.
What do you think, should gambling winnings be taxed, or should this kind of tax be abolished and the government should collect more from casino operators instead?
Perhaps mandatory identity verification should be introduced so that, if requested by the government, the casino can verify the identity of a player who has received winnings, but I think that not all players will agree to this step. Or do you mean that the casino itself should automatically deduct the tax from a player's winnings and remit it directly to the government at the time of the payout?
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Nathrixxx
Sr. Member
  
Online
Activity: 588
Merit: 288
Bitz.io Best Bitcoin and Crypto Casino
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July 08, 2026, 02:54:20 PM |
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I don't know if I should even support this or go against it because it looks somehow for me to have taken a risk to gamble for fun and eventually end up winning, then discover that my country is not allowing for me to go Scott free except by paying taxes to my winnings, what about the times I have been losing, have they in any way contributed to support those losses, this law may not be effective in many countries except a few.
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Cryptomultiplier
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July 08, 2026, 03:04:38 PM |
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Are you familiar with taxes on gambling winnings? One reason why the government wants players to use regulated casinos is not only because they can tax the casino operators, but also because they can tax the winnings of players.
But do you think this is really reasonable?
For me, it feels complicated and unfair in some way because most gamblers are already losing in the long run, then once they get lucky and win big one time, the government still wants a share from that win. It is like we are expected to keep records of our wins and make sure the right tax is paid, and if we miss it or fail to comply, we could be at risk of penalties or legal trouble.
I understand that the government needs revenue and regulation is better than illegal gambling, but should the burden really be on the gamblers too? Since casinos and gambling operators are already earning from players, maybe it would be better if the government just increased the taxes on operators instead of taxing player winnings directly.
What do you think, should gambling winnings be taxed, or should this kind of tax be abolished and the government should collect more from casino operators instead?
Perhaps mandatory identity verification should be introduced so that, if requested by the government, the casino can verify the identity of a player who has received winnings, but I think that not all players will agree to this step. Or do you mean that the casino itself should automatically deduct the tax from a player's winnings and remit it directly to the government at the time of the payout?In my country, instead of gamblers to keep records of wins and losses to know how much gambling tax to pay unlike the U.S, they implement a withholding tax model where the burden is shifted to the licensed gambling operators who automatically deducts the tax at the moment a player opts for payout. The funny thing is that at the end of the day a gambler might be net-negative because of the tax having compared how much lost vs how much won during and after gambling with their funds.
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Smartprofit
Legendary

Activity: 3080
Merit: 2455
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July 08, 2026, 03:14:18 PM |
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In my country, offline casinos are officially permitted in four designated gaming zones.🙋
Registration at these casinos requires a valid passport, which must be presented directly in the casino lobby. Tax is calculated automatically upon exiting the casino. It is levied on the positive difference between your wins and losses. In my opinion, this is fair. On the other hand, if you lose all your money, no one will refund it. And the next time you visit the casino, you won't be able to reduce your taxable income by the amount of your previous loss.
In my country, the casino acts as a tax agent, independently calculating the tax amount, withholding it from the player's income, and transferring it to the budget. You don't need to file a tax return yourself.
In some countries, as far as I know, tax is levied on all winnings of the current day (without deducting the current day's losses). In my opinion, this is unfair.🤷
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purple_sparkles
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July 08, 2026, 03:15:54 PM |
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I think people already pay more than enough taxes. Many taxes are already built into the prices of the goods and services we use. Casinos also pay substantial taxes, so imposing an additional tax on players feels like taxing the same money twice.I'm against introducing new taxes or increasing existing ones. I also believe that making bureaucratic procedures more complicated harms the economy as a whole and gradually destroys the middle class.From my perspective, this kind of tax policy looks more like a deliberate burden on ordinary people than something that genuinely benefits society.
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aioc
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July 08, 2026, 03:47:18 PM |
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What do you think, should gambling winnings be taxed, or should this kind of tax be abolished and the government should collect more from casino operators instead?
I can speak for my country: our country imposed a 20% tax cut on huge winnings and a lower one on regular winnings. As a third-world country, they will tax everything they can because they do not want a budget deficit. So, regarding the question of whether the government should only tax the casino, I want it that way, but the government depends on taxes, so I don't think it's possible here in our country. But in a first-world country where gambling is legal and the government is not hard on taxes, it's possible.
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YOSHIE
Legendary

Activity: 2898
Merit: 1898
Leading Crypto Sports Betting & Casino Platform
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July 08, 2026, 04:06:23 PM |
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What do you think, should gambling winnings be taxed, or should this kind of tax be abolished and the government should collect more from casino operators instead?
Different countries have different ways of implementing rules regarding gambling tax, in my country online casinos as far as I know have a tax rule called (worldwide income) that applies to casinos from abroad and also casinos within the country. Basically, Law Number 7 of 2021 very clearly mentions the taxation of online gambling, where each casino will be included in the Annual SPT where each online casino must report annual income to the tax authority, from which the tax percentage is taken. Where every online casino is taxed, they will apply what is called a system (withholding tax) for which every gambling winnings at the casino are all recorded so there is no such thing as evading taxes or defaulting on taxes, the state only requires an Annual Tax Return from the casino from there. they know everything.
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Mhizlove
Full Member
 

Activity: 322
Merit: 157
Bitcoin Is For The Risk Takers
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July 08, 2026, 04:07:23 PM |
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What do you think, should gambling winnings be taxed, or should this kind of tax be abolished and the government should collect more from casino operators instead?
The governments are looking for just little opportunities that they can use to tax people which is very wrong. Gamblers supposed not to be taxed, only the gambling sites and gambling platforms supposed to be taxed. Only few countries like Canada and Australia are doing good for not taxing gamblers. For me, I will say that the issue here is not just about if gamblers should pay tax or not, but about if the tax system is being fair or balanced. Okay now if taxes becomes too heavy on players, certain people can move into underground or unlicensed gambling platforms,and that alone can create a bigger problem for both the regulators and users. A balanced or reasonable approach should protect consumers, encourage in responsible gambling and still let the government to generate their revenue without placing unnecessary pressure on everyday players.
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Myleschetty
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July 08, 2026, 04:11:45 PM |
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Are you familiar with taxes on gambling winnings? One reason why the government wants players to use regulated casinos is not only because they can tax the casino operators, but also because they can tax the winnings of players.
Yes, but the government also promotes the use of regulated casinos for prevent money laundering, control underage gamblers, protect consumers/players (though not always), and offer public health gambling. However, the taxation of casinos and gamblers winnings is their primary concern. But do you think this is really reasonable?
I don't think it's reasonable to tax a gambler's winnings after they have taxed the casino because the government didn't offer bankroll assistance when the gambler was losing.
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