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Topic: Why paying tax on gambling winnings when government doesn't regulate Gambling? - page 3. (Read 1040 times)

hero member
Activity: 1778
Merit: 907
It may also depend on the country you are from. Not all countries pay tax on gambling winnings, atleast maybe not direct tax. I don't see any reason a government should take taxes for gambling since this is actually a game of luck. The companies can get taxed yes but I don't see any reason players should be taxed on winnings.
It's a form of income; that's why it's taxed; it has nothing to do with it being a game of probabilities. I'm not sure if what the OP claimed is valid for all casinos; most cryptocurrency ones are licensed in countries that are tax evasion paradises, such as Curracao or the Cayman Islands. Thus, I find a hard time believing that any of the two parties are going to be taxed; this doesn't apply in national/local casinos; whatever they're called, though, may even deduct the tax from your winnings immediately.
hero member
Activity: 910
Merit: 507
When it comes to regulations, government cannot regulate and be in everywhere to ensure all other things concerning gambling were well regulated, but as for the ones they can take hold of, they will have to ensure regulating such in most regards, we cant challenge government to some extent because they will always have the upper edge when it comes to cases like this, we are to only pay tax in other not to invite for their trouble which may affect us from gambling or the platform from existing.
Why should we be undermining government ability to checkmates Gambling activities for the purpose of resolving and monitoring the activities of the various casino's that are found within their Jurisdiction most especially those that have received licence from those government, if the government can take tax, and also issues licensing to those companies, then it should be a thing of regulatory compliance for them to perform such responsibility.


Although the major interest of those government agency is the money their are generating from those casinos in form of bets winning tax and also licence issuance which come with a big cost and the government won't want to joke with such money, that is the reason for tite cryptocurrency casino regulations around the world today.
hero member
Activity: 2100
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Leading Crypto Sports Betting & Casino Platform
Depends on the government. Maybe some doesn't regulate it and it is indeed wrong if they still tax it but we shouldn't agree on that. We don't need to be afraid because we are on the right track. There must be some organization where we can report these types of anomalies. Those who don't protect the gamblers in their troubles with the casino must be a definition of being corrupt and also maybe the casino pays them more money? Sometimes the problem is also in the bettors.

There is what we called as license provider and they must be separated from the governments, so it is true when the governments are saying that the casino is not licensed by them. Those gamblers who have in trouble with the casino should go directly to the license provider of that casino. Other than that, there are also gambling authorities that we can approach. There is also this forum, if we don't know where to approach those two entities I said earlier.

Anyone who has a case with a casino and the casino is licensed, I believe the person is not just supposed to relay on the government, but they can get their own lawyer and file lawsuits against the casino, as there have been cases of gamblers winning from such a case.
This! But this seems only applicable if the amounts involved are pretty huge, as we know that hiring a lawyer isn't also cheap. Not only a big amount of money is needed but also a huge patience, since this takes time to get processed. Once successful, we can say that it was still very worth it.
sr. member
Activity: 602
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According to the rules of every country, when someone crosses 18 years, he becomes an adult and then he can make any decisions he wants.  So if gambling is legal in a country it is only natural that the government would demand a tax on it. If gambling is legal in your country, your government may charge a VAT that is fair and you must pay it. Since you are old enough to take responsibility for your own decisions.  In this case you cannot blame the government.  Because you are making your own decisions. The government will not force you if you do not gamble and neither the government nor anyone else will stop you if you gamble

I think the OP who brought about this topic is from my country. From my little knowledge, I don't think gambling is 100 percent legalized in the sight of the country's law and even if it was, there have no been any working policies set aside to regulate those law gambling. So why will taxes be imposed on people when the government in itself isn't taking that responsibility of properly regulating them.
hero member
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It may also depend on the country you are from. Not all countries pay tax on gambling winnings, atleast maybe not direct tax. I don't see any reason a government should take taxes for gambling since this is actually a game of luck. The companies can get taxed yes but I don't see any reason players should be taxed on winnings.
hero member
Activity: 952
Merit: 552
Recently many countries around the world are now introducing gambling taxation on it citizens and even charging betting houses and casino's some amount of money to operate within it jurisdiction, and recently my country just introduced a 5% Revenue sharing and taking from both betting houses and gambler's winning and this news make me to ask why the government takes such money from gambler's but won't protect the gambler when their is troubles with the betting house.


Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.

I'm not sure which of the country you are talking about but recently the Nigerian government are in move to tax bettors and I'm sure that the Nigerian government has a regulation in place for casino. There is a regulatory board that licensed casino and betting companied and code of conduct regarding casino but what I don't really support is the taxing of bettors. This government is so useless that they don't even care about an average person but there pocket yet do little for the citizens.

The government see that youths are making money from gambling and I don't even blame the government for that but the people who are winning and can't keep it to their self, brag on social media just for validation and the govern government see the money as a way to get more from citizens. If indeed they are paying tax and all others things, I'm sure they will keep the winnings from online so government doesn't have to take their cut from the winnings.
legendary
Activity: 2688
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Recently many countries around the world are now introducing gambling taxation on it citizens and even charging betting houses and casino's some amount of money to operate within it jurisdiction, and recently my country just introduced a 5% Revenue sharing and taking from both betting houses and gambler's winning and this news make me to ask why the government takes such money from gambler's but won't protect the gambler when their is troubles with the betting house.


Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.

You seem extremely mistaken if you think that governments do not regulate gambling - they absolutely do and for good reason. Gambling had been used throughout history by criminal elements to launder money, because it is an environment where people can come in with loose cash and have it cleaned by trading it for casino chips. They are notorious for this activity and it drew a lot of attention from law enforcement, so they are not heavily monitored. There are also plenty of laws around gambling, who can do it, where it can be done, even if they are a bit looser on where gambling can be advertised these days. Governments are also reactive, so if casinos get too greedy or push the boundaries, there is often push back and law changes to tighten it back up again.
sr. member
Activity: 728
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Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.

When casino refuse to pay you and you didn't commit any irregularities that justify the punishment that you're getting, you should take the casino to court and not the authorities because the authorities can't always help you but the court can. Some countries you can take them to the authorities which then file the reports to the court for you but if you know how to do it yourself, just do it. The court will ask the casino to fulfil their promises after doing their investigations into the case. I don't see a problem with paying my taxes, as a good citizen of my country after making a profits, I'm obligated to give to the government their share that they'll use in taking care of things that I'm going to enjoy as a citizen of the country. The government don't have to regulate gambling to tax them because they're a business that are making revenue and should contribute to the development of the country through tax payments.
legendary
Activity: 2422
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Leading Crypto Sports Betting & Casino Platform
When it comes to regulations, government cannot regulate and be in everywhere to ensure all other things concerning gambling were well regulated, but as for the ones they can take hold of, they will have to ensure regulating such in most regards, we cant challenge government to some extent because they will always have the upper edge when it comes to cases like this, we are to only pay tax in other not to invite for their trouble which may affect us from gambling or the platform from existing.
And I am actually thinking, what exactly are we paying the tax for if they can not atleast, protect gamblers and make the gambling industry fair to both the gamblers and the casinos?
Road users pay tax, and their money is supposed to be used to fix roads to make sure the roads are good for cars and other automobiles, we pay for electricity and the money is supposed to be used for power generation to ensure we continue to enjoy light 💡, I can go on and on.

The government can be taxing both gamblers and casinos and yet, give the excuss that they can't be everywhere, how come they can be everywhere to collect money, but can't be everywhere to regulate the system and make sure there is always peace between gamblers and casinos?
hero member
Activity: 2884
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Recently many countries around the world are now introducing gambling taxation on it citizens and even charging betting houses and casino's some amount of money to operate within it jurisdiction, and recently my country just introduced a 5% Revenue sharing and taking from both betting houses and gambler's winning and this news make me to ask why the government takes such money from gambler's but won't protect the gambler when their is troubles with the betting house.


Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.
That is just the way things are, in theory you should report any income you get no matter how small, or at least that is the case where I live, so even if you received a small cash gift from one of your family members, this is money that should be reported to your tax authorities, which is completely crazy I know, but that is the way the law is written, then it is obvious that politicians only care about extracting the most resources they can out of you, without offering you services in return according to the amount you pay.
hero member
Activity: 812
Merit: 560
When it comes to regulations, government cannot regulate and be in everywhere to ensure all other things concerning gambling were well regulated, but as for the ones they can take hold of, they will have to ensure regulating such in most regards, we cant challenge government to some extent because they will always have the upper edge when it comes to cases like this, we are to only pay tax in other not to invite for their trouble which may affect us from gambling or the platform from existing.
legendary
Activity: 2814
Merit: 1192
Most taxes are unfair, so if you're asking why pay them, the answer is we shouldn't, but when you don't, you should be ready to face the consequences.

In case of gambling profits you can always use non-compliant casinos. I mean the ones that don't do KYC, where you can deposit and withdraw cryptocurrencies and then directly buy goods and services.

The example OP gave can be compared to asking taxes from cryptocurrencies when it's illegal for you to start a crypto business, so the government is making it hard for you to make profit, but when you do it wants its share, because you had gains and gains are taxed, even if they come from something the governent doesn't recognize and legitimize.
sr. member
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Recently many countries around the world are now introducing gambling taxation on it citizens and even charging betting houses and casino's some amount of money to operate within it jurisdiction, and recently my country just introduced a 5% Revenue sharing and taking from both betting houses and gambler's winning and this news make me to ask why the government takes such money from gambler's but won't protect the gambler when their is troubles with the betting house.


Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.
First of all, which country do you mean, and the country that is most disadvantaged is the country that does not legalize gambling activities, which do not benefit the country, and only harm the country and its people, because there will be a lot of illegal gambling operating and it is very difficult to eradicate.
hero member
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Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.
Most of the third word country have the same issues like you have facing on your country suppose in the third world countries there the corruption are in the every where and in those casinos who are not paying the winner I am sure if you do little research then maybe you will find some of the ruler party agent or relatives are the owner of that casino and that is why they are not taking any steps against them. And if that casino is an online casino and that is operate from another country then there is nothing to do for you government.
And in the last I want to say that at least you are lucky that you guys are able to play on the casino and government authorities don't throw you in the jail because I saw some people are being arrested in my country because of playing gambling in the casinos and as my country regulate the gambling by illegal activities.
sr. member
Activity: 546
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Recently many countries around the world are now introducing gambling taxation on it citizens and even charging betting houses and casino's some amount of money to operate within it jurisdiction, and recently my country just introduced a 5% Revenue sharing and taking from both betting houses and gambler's winning and this news make me to ask why the government takes such money from gambler's but won't protect the gambler when their is troubles with the betting house.
According to the rules of every country, when someone crosses 18 years, he becomes an adult and then he can make any decisions he wants.  So if gambling is legal in a country it is only natural that the government would demand a tax on it. If gambling is legal in your country, your government may charge a VAT that is fair and you must pay it. Since you are old enough to take responsibility for your own decisions.  In this case you cannot blame the government.  Because you are making your own decisions. The government will not force you if you do not gamble and neither the government nor anyone else will stop you if you gamble
When someone wins gambling and wins some money it is considered as his income. and every adult citizen of a country must pay income tax to the government for various development of the country. so I agree with you that tax should be paid on gambling winnings as well. In countries where gambling is not legal like in my country gambling is illegal so no one can gamble openly in my country. And if someone here gambles secretly and can win then they justify that money by showing some other source of income. And even then the government must pay tax from that money. so of course taxing gambling money is fair I agree with your statement
hero member
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Vave.com - Crypto Casino
Recently many countries around the world are now introducing gambling taxation on it citizens and even charging betting houses and casino's some amount of money to operate within it jurisdiction, and recently my country just introduced a 5% Revenue sharing and taking from both betting houses and gambler's winning and this news make me to ask why the government takes such money from gambler's but won't protect the gambler when their is troubles with the betting house.
According to the rules of every country, when someone crosses 18 years, he becomes an adult and then he can make any decisions he wants.  So if gambling is legal in a country it is only natural that the government would demand a tax on it. If gambling is legal in your country, your government may charge a VAT that is fair and you must pay it. Since you are old enough to take responsibility for your own decisions.  In this case you cannot blame the government.  Because you are making your own decisions. The government will not force you if you do not gamble and neither the government nor anyone else will stop you if you gamble
legendary
Activity: 3234
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Leading Crypto Sports Betting & Casino Platform
Recently many countries around the world are now introducing gambling taxation on it citizens and even charging betting houses and casino's some amount of money to operate within it jurisdiction, and recently my country just introduced a 5% Revenue sharing and taking from both betting houses and gambler's winning and this news make me to ask why the government takes such money from gambler's but won't protect the gambler when their is troubles with the betting house.


Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.

Maybe I'm wrong, but from what I've seen, in most countries when they charge taxes on gambling, they are counting on charging taxes to casinos that have a license in that country and know that the casino has a physical office in that country. Because it's not just the player who pays taxes. The casino will also pay taxes, the casino employees will also pay taxes and the casino will have to respect the country's labor laws. Now, about this issue of someone winning and the casino refusing to pay and that person having no way to complain to any government. This happens when the casino does not have a physical office in the player's country.
hero member
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Recently many countries around the world are now introducing gambling taxation on it citizens and even charging betting houses and casino's some amount of money to operate within it jurisdiction, and recently my country just introduced a 5% Revenue sharing and taking from both betting houses and gambler's winning and this news make me to ask why the government takes such money from gambler's but won't protect the gambler when their is troubles with the betting house.


Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.

Your question is valid but by now it has become clear that the government is just after the money.
A lot of money is being flown out into gambling. The government is trying to reap out money from whatever they can.
You're right that a lot of gambling accusations are being raised but there are no stringent measures being taken against them.
If the government is taking money from our profits then they should also help us when we are in trouble.
It should be a two way thing but it isn't and that will only change when we raise our voices and ask for our rights.
legendary
Activity: 3276
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In Italy we have taxation on gambling since many years.
All of these aspect have been always regulated, probably I think, since this Is the best way to collect money and taxes. Actually there Is a monopoli/platform that manage all gambling license.
I am not too much surprised that other governments are trying the same way... Roll Eyes
legendary
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Because we have loads of cases where gambler's win some huge amount of money and the casino refusing to pay and when reported to the authority you here such things like the casino is not licenced by them or they don't have control over the casino case, the government is only interested in the tax and not protecting the interest of it citizens.

If as far as you know every time you win you always pay taxes, but when you report a problem to your casino and the authorities refuse to provide assistance, don't you need to find out if you are being cheated all this time by the casino or if the authorities in your place are rotten? because as far as I know, if you have paid taxes, then the authorities will help you with various problems that you may face when gambling, because the role of the authorities is to regulate casinos that are under their jurisdiction, and therefore you pay taxes - if the authorities do not help you, then what is the point of you paying taxes to them.

It should be understood that the purpose of regulation of any industry for the state is primarily to replenish the treasury, not to protect citizens. Therefore, there is no sense in expecting the state authorities to deal with disputes between users and gambling sites. The state has neither money, nor time, nor people, nor desire to do it. So the protection of our interests even in regulated areas remains only in our hands.
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