Does your country tax affect the amount of profit you can make from gambling?

[swift]

most times there are some government that taxes these casino gambling platform more , which in turn actually tax the users or gamblers , so does your government charges more tax on these gambling platforms , and would it affect the amount of profit you would be making from the games you are placing bets on , I would like to here more from your experience

 

[Hannman]

As it is taxable and very Clea to everybody, it's not the case in Nigeria here. Government does not remove any percentage as tax on any winning from gambling but I'm sure the gambling industry will definitely be paying the government tax

 

[Ajebo25]

Yea, USA is mostly known for taking taxes from most companies that a situated both online and offline, I was once charged for tax when I got my pay from adsense, although I was a little mad about it, I didn't have any choice but to agree.

 

[Btaliat]

Tax on betting is not really functioning in my country. And if it does, I don't think it will still affect the money. The tax system on my country really doesn't tear pocket. If there is massive winning for me, I will surely be eager to pay.

 

[Julio88]

most times there are some government that taxes these casino gambling platform more , which in turn actually tax the users or gamblers , so does your government charges more tax on these gambling platforms , and would it affect the amount of profit you would be making from the games you are placing bets on , I would like to here more from your experience

Definitely, when taxes are put on winnings obtained through betting, the amount would be affected. With that being said, as of now, the government has not decided to seek for revenue in the form of these taxes

 

[Hardexy1]

I collect all the profit made in casino while i win any game, no taxes is been applied in my country anytime a win a ticket, government in my region do not impose taxes on gambler on their winning tickets