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Topic: Does implementing a tax on a gambling platform really help a country? - page 3. (Read 1321 times)

hero member
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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.
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.
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.
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.
hero member
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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.
sr. member
Activity: 2002
Merit: 314
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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.
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.
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.
We have to trust our goverment that our taxes goes on the right place and just think of paying taxes can help many people especially those who badly need it. Casinos are aware of this one and that's why they continue to work hard so they can be able to pay the necessary taxes, in many countries there's a huge tax on gambling activities and that's the law we should always follow. In my country there's also a huge taxes on cigarettes and liquor, this is to encourage the public not to take too much of it, same thing on the gambling addiction playing more means paying more taxes.
full member
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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.
sr. member
Activity: 2618
Merit: 439
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 .
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.
legendary
Activity: 2310
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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.

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.
legendary
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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 .

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.
hero member
Activity: 2002
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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.
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.
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.
We have to trust our goverment that our taxes goes on the right place and just think of paying taxes can help many people especially those who badly need it. Casinos are aware of this one and that's why they continue to work hard so they can be able to pay the necessary taxes, in many countries there's a huge tax on gambling activities and that's the law we should always follow.
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.

In my country there's also a huge taxes on cigarettes and liquor, this is to encourage the public not to take too much of it, same thing on the gambling addiction playing more means paying more taxes.
Probably it only encourages the population to buy clandestine cigarettes and liquors which are cheaper instead of stop smoking and drinking.
hero member
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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.
legendary
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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.
hero member
Activity: 2954
Merit: 725
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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.
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.
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 have to trust our goverment that our taxes goes on the right place and just think of paying taxes can help many people especially those who badly need it. Casinos are aware of this one and that's why they continue to work hard so they can be able to pay the necessary taxes, in many countries there's a huge tax on gambling activities and that's the law we should always follow. In my country there's also a huge taxes on cigarettes and liquor, this is to encourage the public not to take too much of it, same thing on the gambling addiction playing more means paying more taxes.
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.
hero member
Activity: 2688
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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.
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.
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.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
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.
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.
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.
hero member
Activity: 1792
Merit: 871
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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 .
legendary
Activity: 2310
Merit: 1899
Leading Crypto Sports Betting & Casino Platform
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.

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. 
hero member
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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.
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.

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.
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.
legendary
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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.
sr. member
Activity: 2002
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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.
member
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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...

100% it is taxes is what makes the government function, there is no government that can live without taxes, more business and people to tax more revenues for the government, gambling casinos are a big help to the government that is the reason that they gave casinos licenses to operate, and they are taxing them hard because they know gambling casinos are top earners because people love to gamble.
sr. member
Activity: 2198
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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,
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