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Topic: Why paying tax on gambling winnings when government doesn't regulate Gambling? - page 7. (Read 1023 times)

legendary
Activity: 2352
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☢️ alegotardo™️
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.

In fact, there is no point in this.

Generally, gambling regulations are not intended to help players after a fraud has occurred, but rather to create rules and procedures that aim to prohibit something like this from happening, as follows:

- Require the casino and its legal representatives to register, as well as an address within the country for someone representing them;
- Require casinos to comply with local legislation, providing contact by phone or email in the native language and requiring compliance with deadlines;

Measures like these prevent any site from starting to operate, and thus restrict the number of fraudulent sites.

But in my honest opinion, the real objective is just to collect taxes and make operations more expensive for both the casinos and the players.
hero member
Activity: 1974
Merit: 502
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We gamblers should pay for it particular on those who really won big amount in order to avoid being caught up by authorities. This is really a big requirements for all players specially for the stablishment who operated gambling. However, I don't exactly knew if online gambling do comply this thing about tax payments because it's so shady when it comes to that matter.
legendary
Activity: 3108
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Leading Crypto Sports Betting & Casino Platform
Simply because the government just want to take part in every money opportunity that comes, regardless if the establishment or casino’s customers are benefiting from it. That’s actually happening in most of the countries who are benefiting taxes from casino winnings. And that’s one thing we can do nothing about, otherwise if we won’t let our winnings to be taxed, either we won’t get to cash out our money or we won’t be able to enter licensed gambling casinos again.
legendary
Activity: 2058
Merit: 1166
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.

This is a topic that goes beyond imaginable complexity. First of all regarding the title of this thread, most jurisdictions have a tax law that has some vague paragraphs which capture essentially any and all income from all sources imaginable. I remember that there was some trouble when crypto came up and it wasn't clear how to tax it all and since that wasn't clear, they have come up with a provision that it must be taxed in some sort while waiting for judges to decide later down the road.

In gambling it is difficult for two reasons: the first reason is that people use casinos which are neither physically present in their jurisdiction nor regulated within their jurisdiction. But if they are regulated in that jurisdiction, then getting your rights enforced is a complicated matter in gambling as you have to prove your case. They don't just call another country in order to make their police raid the headquarter. Proving the case in gambling is quite difficult and once you proved it, how are you going to seize funds from the casino that only operates online and sits in the Cayman Islands? If you are right and judge says so, you would want a court officer go to the right place and seize funds, but this "right place" is the next big issue.

Well, that is why I said governments usually have a provision that captures any and all income. In many countries you would have to pay taxes on money you made with drug selling. The point is the goal must be to net get caught, but if you get caught and they can prove you made a million, then you owe tax on that million. It is wild, but it is true for a lot of European countries. I can't tell for others.
legendary
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
Sad but there, even if we pay taxes, government are not going to protect us from online scam sites or even land base casino themselves. I remember one case wherein someone filed a case against a brick and mortar casinos.

And the case drag for years until the judges decided against the player and favor the casinos themselves.

So it's very tricky for us, demanding taxes from gamblers and then at the end of it, there will be no government protection at all.

If you are playing in crypto casinos, mostly, you don't need to report your winnings to your government. Because they don't care also with your losses. So if they are not so strict, then, don't submit any of your gambling winnings.
And that's a fact, you can't rely from the government in helping you out of your situation. In most cases, the player will just move on and not file a lawsuit because aside from being expensive, it will take a mental toll to the player. So if the amount is not really significant, just let it go and learn a thing or two from that experience.

The answer to the question is very simple: the government is after what they can benefit from the citizens and not entirely what the citizens can get from them. They always say that they are fighting to protect the citizens rights, but what they are after is how to control and put all service providers under their watch.
 
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 is why pursuing a case is quite expensive because you need to hire your own lawyer. The government won't provide you one and allocate budget for you. This is your battle so think before filing a lawsuit. Is it worth to take or just look for a better casino to play with?
hero member
Activity: 1344
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Sad but there, even if we pay taxes, government are not going to protect us from online scam sites or even land base casino themselves. I remember one case wherein someone filed a case against a brick and mortar casinos.

And the case drag for years until the judges decided against the player and favor the casinos themselves.

So it's very tricky for us, demanding taxes from gamblers and then at the end of it, there will be no government protection at all.
sr. member
Activity: 98
Merit: 55
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I know the advantages of regulations on the environment, and that is why when the gambling taxation was introduced it received the support of many player's in the market since it introduces the presence of government interest in the gambling sector and also a way of security for the gamblers just as you said, that regulations breed's fairness, which translates into gambler's protection so having taxation in different views and like and having dispute resolution in another light is somewhat a misplaced action.


So long that the government can take fees to allow gambling operations in form of Licensing, silane should be applicable to protecting the interest of player's and act as a mediator between the casino and it player's at most.
If you, as a gambler, have to hire a personal lawyer, and spend so much money to fight against a casino for doing something that they shouldn't do, then there is no point in a government taxing you for your winnings, but what can be said? They do it, and we may only speak for ourselves, most people choose to stay silent on such issues because they are too afraid of getting in trouble.
You are right here. The government should have been an intercessor and mediator for the gamblers when they have an issue with the casino. Yet the opposite is the case. Once they get their taxes nothing can be done with anymore. Lets be hones i have never heard of any complains or problem of a gambler being carried upon by the government before. Perhaps it may have happen but only in few countries where the government take taxation and ther responsibility serious.
sr. member
Activity: 182
Merit: 120
99% of government demand towards taxation shows they have zero or no interest, taxing individually is something I still don’t get despite a win. Gambling regulation or problem should be solved within if the casino knows what’s right meanwhile cheating can be implemented so in situations like this such person needs help and I agree with op. Paying tax still guarantee something in return or else why demanding for tax, in general not just gambling rather other fields still face same issue.
sr. member
Activity: 434
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Fine by Time
Let me tell you the simple truth. The government is after any sector that is thriving very well and generating a lot of money. And the reason why they want to be involved in that sector is that they want to benefit from it not because they want to help regulate whatever is happening in that sector for the people involved. Gambling and Casino platforms are one of the biggest and fastest-rising industries. The government wants to be involved in gaining the free money they can get all in the name of protecting the citizens.

If the government wants high taxes, then they should perform their duties properly if not they don't deserve the tax. When we calculate how much they gain from each gambler that wins we would find out that the government gets more than they deserve yet they take it for their personal gains.
sr. member
Activity: 336
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I know the advantages of regulations on the environment, and that is why when the gambling taxation was introduced it received the support of many player's in the market since it introduces the presence of government interest in the gambling sector and also a way of security for the gamblers just as you said, that regulations breed's fairness, which translates into gambler's protection so having taxation in different views and like and having dispute resolution in another light is somewhat a misplaced action.


So long that the government can take fees to allow gambling operations in form of Licensing, silane should be applicable to protecting the interest of player's and act as a mediator between the casino and it player's at most.

You are right that ideally, the government should be a mediator between the casino and the gamblers and protect their rights if something goes wrong from a casino's side, however, they barely care about customers and their rights and all they care about is the money they can generate from the sector. Even the casinos that are operating online are required to acquire necessary licensing to operate within certain jurisdictions, but a gambler either getting scammed or having a problem with a casino while having a valid case will have nowhere to go.

If you, as a gambler, have to hire a personal lawyer, and spend so much money to fight against a casino for doing something that they shouldn't do, then there is no point in a government taxing you for your winnings, but what can be said? They do it, and we may only speak for ourselves, most people choose to stay silent on such issues because they are too afraid of getting in trouble.
hero member
Activity: 826
Merit: 481


Also, do not be afraid of regulation, in the most of the cases that will get translated to more fairness to gamblers and less chances to shady and scam casinos which try to attract victims with the false sense of legitimacy.
I know the advantages of regulations on the environment, and that is why when the gambling taxation was introduced it received the support of many player's in the market since it introduces the presence of government interest in the gambling sector and also a way of security for the gamblers just as you said, that regulations breed's fairness, which translates into gambler's protection so having taxation in different views and like and having dispute resolution in another light is somewhat a misplaced action.


So long that the government can take fees to allow gambling operations in form of Licensing, silane should be applicable to protecting the interest of player's and act as a mediator between the casino and it player's at most.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
... 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 the issue of taxation is completely different from conflicts which could raise between the casino/betting house and gamblers, you know.
Taxation laws are there put in place just to check on the money to flow and make sure both the casino and gamblers are paying their fair share. Solving a conflict between the casino and the gambler goes to a different category within the law, there are allegations which need to be resolve wither by regulators or even a judge if casinos and gamblers want to go all the way up to court.
That is a little confusion you have may have when comes to the reach has in the issues with casinos and bookies.
The ideal case scenario for both the casino and the government would be to have a huge volume of wager to collect and when corruption exists between casinos and the political administration itself, it is when gamblers are left abandoned and they do not have anyone to ask for help for.

Also, do not be afraid of regulation, in the most of the cases that will get translated to more fairness to gamblers and less chances to shady and scam casinos which try to attract victims with the false sense of legitimacy.
hero member
Activity: 812
Merit: 560
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.

Government does not want to hear anything related to non compliance to their tax scheme regulations, because they are being strict about it, even despite me and you know that they are regulating nothing, but yet they have to task the people and collect tax from them, we should know that even with the tax being paid on other things we do aside gambling, not all were being accounted for on how they (government) spend or utilize the money, we have no choice than to go by what they demand, except if we want to fight against them but cant win.
sr. member
Activity: 658
Merit: 387
The answer to the question is very simple: the government is after what they can benefit from the citizens and not entirely what the citizens can get from them. They always say that they are fighting to protect the citizens rights, but what they are after is how to control and put all service providers under their watch. 
 
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.
hero member
Activity: 826
Merit: 481
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.
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