Gambling Tax Around The World

Around this time, online gambling was on the rise, and the UK government feared the UK gambling industry would suffer thanks to outside competition. Nowadays, the UK gambling industry it as strong as ever, so it seems like the changes in the tax system were a good move. Gaming Losses Per Adult: $503 Casinos are outlawed in Hong Kong, but the world's biggest gambling center, Macau is just an hour's boat ride away, and in the first-quarter of 2011, half a. By 1942, enough money was raised to rebuild Johnstown, yet the tax exists to this day, and brings in around $200 million a year for Pennsylvania. New York City places a special tax on prepared foods, so sliced bagels are taxed once as food and again as prepared food, thus creating a sliced bagel tax.

International internet gambling law is a subject of immense complexity, because every nation has its own
take on the subject. Some parts of the world embrace online gambling while others do everything they
can to ban it entirely. On top of that, different jurisdictions within a single nation sometimes take radically
different approaches to internet gaming.

Yet that doesn't mean that there's no tax to pay when it comes to gambling in the UK. It's just that the tax is paid at what is referred to as the ‘Point of Consumption'. That means that bookies and gambling providers have to pay a 15% duty on bets placed by punters in the UK, regardless where the companies are based. The list focuses on the main indicative types of taxes: corporate tax, individual income tax, and sales tax, including VAT and GST, but does not list capital gains tax. Some other taxes (for instance property tax, substantial in many countries, such as the United States) and payroll tax are not shown here.

The United States is a great example of how complex gambling law can be within a single nation. Not only
are the federal laws poorly written and difficult to interpret, but individual states have their own laws as
well. In some states, online gambling is 100% legal and available to anyone inside state lines. In others, the
authorities are still trying to seize the assets of legitimate gambling sites.

Our goal with this part of our website is to take this massive subject and break it down for our readers.
We start this page by explaining some of the basics of online gambling legislation and regulation, which are useful to understand if you're interested in
betting or gaming online. There is then some information on the gambling laws in various regions around the world. We've also included links to additional
pages where you can learn more about the legal status of both offline and online gambling in specific countries.

This page is divided into the following sections, to make it easy to find the specific region you may be looking for.

Online Gambling Legislation and Regulation: The Basics

The most important thing for you to understand about online gambling legislation and regulation is how it affects you. There are two key points to consider
in this respect.

1. It is rare for it to be explicitly illegal to USE an online gambling site
2. Licensed and regulated gambling sites are BY FAR the safest

The first point here is hopefully one that will put your mind at rest if you are worried about the legalities of gambling online, and the potential for
repercussions. The fact is that you are very unlikely to breaking the law simply by betting or gaming online. The vast majority of online gambling legislation
is target squarely at the companies that operate sites, and not the individuals who use them. Of course, laws do vary from one region to the next as we've
explained. It's important to know your local laws do prohibit you from gambling online, which is precisely we've provided the relevant much information in
this section

In relation to the second point, most sites are licensed and regulated in at least one jurisdiction. To obtain the necessary license, they will have to meet
specific criteria as laid out by the licensing authority within the relevant jurisdiction. Operators will generally advertise details of their licensing, as it helps
to reassure potential customers that are legal and regulated. It basically lends some legitimacy to their operations. That's what you'll often see something
like the following on gambling websites.

Gambling Tax Around The World Per

You should know, however, that the actual legitimacy of licensing authorities varies quite significantly. The simple fact of the matter is some agencies are
much more stringent than others. For example, the state of Nevada puts any potential online poker site through the wringer before it issues a license to
operate. So a Nevada license has genuine sign validity. Other gambling authorities basically sell licenses to anyone with enough money, so these don't
really mean much at all.

With that in mind, we decided to put together a comprehensive guide to licensing authorities around the world. We want you to know what it really means
when a site says it has a license to do business. You can use this information to assist in the search for a safe gambling site.

You should also understand why online gambling regulation is so important. Its primary purpose is to protect YOU, the consumers. You should be able to
gamble online with the confidence that you will be treated fairly not be exposed to dishonest or crooked practices. Thankfully, the established and
reputable licensing authorities ensure that you can do exactly that. They impose a strict code of conduct on the licensees, who have to adhere to the
necessary regulations if they are to maintain their licenses. That's why properly licensed and regulated sites are the safest options.

For a more in-depth explanation of this subject, please see our page on how online gambling is regulated

Gambling Laws in North America

There are several countries in North America that have wildly different laws relating to gambling.
The United States is obviously the biggest country in this region, and as we've already mentioned
the laws here are very confusing. This is partly down to the fact that there are so many states,
each with their own attitude to gambling, but there is more to it than that. There is just a distinct
lack of clarity in so much of the relevant legislation. There is also much debate about whether
US laws actually apply to gambling sites that operate outside the region.

Gambling Tax Around The World 2019

Things are not much better in Canada either. There is legislation in place that has been passed by
central government, but each individual province has the authority to regulate gambling in their
own regions. As with the US, the use of overseas sites is very much a grey area.

We've provided additional pages that explain the relevant legal situations in these two countries in much
more detail, and we've also covered some other countries in North America too.

Gambling Laws in Europe and the UK

Europe also has many countries with different approaches to the legality of online gambling.
Some countries outright ban it, while others have formally legalized it and put proper regulatory
frameworks in place. Craps does 5 count work. The United Kingdom is the best example of the latter. All forms of online
betting and gaming are completely legal, and very well regulated. Any site wishing to provide its
services to UK residents must meet requirements set out by the Gambling Commission. This
organization was established in 2005, replacing the existing Gaming Board.

There are other European countries with similar setups to the UK too. France, for example, has a
strict licensing process, but does allow overseas companies to accept French customers if they
meet the necessary criteria. For some reason, though, all forms of casino games are currently
banned. They at least have clear laws though, whereas things are decidedly murky in other countries.

We've provide a detailed overview of European gambling laws, and also information on the laws in each of the following specific countries.

Gambling Laws in Australia/Oceania

The laws for Australian gambling companies are very strict. They're allowed to offer some gambling
services to Australian residents, but currently only traditional sports betting and lottery-style
games are permitted. Live sports betting is not allowed, and nor are casino games. There are no
laws that prevent Australians from using overseas sites though, as these fall outside the jurisdiction
of Australia's government.

In New Zealand, unlike so many other regions, there is clear and precise legislation relating to
online gambling. The country passed a new act in 2003 to make sure that their laws were explicit and
easy to understand. Unusually, the act very plainly stated that the use of overseas sites is entirely
legal. Such sites are, however, banned from advertising in New Zealand.

You can read more about the country specific laws in this part of the world on the following pages.

Gambling Laws in Asia

There is very little consistency in the gambling laws throughout Asia. This is perhaps
not surprising, given the size of the continent and the number of different countries
it's home to. Compiling an overview of Asian gambling laws would be a futile
exercise, but we have provided pages covering each of the following countries
separately.

Gambling Laws in South America

The general approach to gambling throughout South America is reasonably liberal.
There are restrictions on certain types of betting and gaming in some countries in the
region though. For example, casino games are prohibited in Brazil. Our guide to the
gambling laws in South America explains about these restrictions in more detail, and
also covers any relevant online gambling legislation.

Gambling Laws in Africa

Few countries in Africa have passed any kind of legislation relating on online gambling,
although South Africa is one notable exception. Land based gambling is another
matter though, with various forms fully legalized throughout the region. There are
casino venues, for example, in several countries. We've provided details on the various
gambling laws throughout Africa on the following page.

We recommend that you have at least passing familiarity with the legal climate with regards to gambling in
your location. A working knowledge of the law in your area may help to keep you safe from any legal trouble,
and will make it easier for you to find the sites that cater for customers in your part of the world.

Please be aware, though, that nothing contained in this part of GamblingSites.org should be considered as
actual legal advice. We've carried out extensive research and consulted experts when compiling all of
this information, but we are not qualified to provide legal advice. If you have any concerns about the
legalities of gambling online where you live, it would be best to speak to a licensed lawyer.

Gambling Tax Around The World Chart

It is no brainer that gambling is a form of recreation in most countries around the world, which is also a constant source of revenue that builds up the counties economy. How does it do this? Of course, by waging taxes on the casino establishments or on winning individuals. What was once a recreational activity for many years has diverted its path in becoming a billion-dollar industry now!

Hundreds of countries around the world have legalized gambling(Must Watch), and some are on the verge of doing so. There is no standard law which governs the taxes waged on the casinos, common for all. They are handled differently not only in different countries but also differ among sates of the same country. This could be quite intimidating, especially if you're a traveller or a professional gambler. Sometimes casino owners pay directly to the taxman or the government, and on the flip side, some countries demand a percentage of an individual's winning in the form of tax. Other countries demand a cut only if you're a professional or if it's your primary source of income. Let us discuss some of the countries that impose highest to the lowest taxes in the world:

Counties with the highest tax on gambling

Gambling Tax Around The World 2020

• Germany: The county contributes to about 20-80% of the gross gaming revenue from land-based casinos and 18% VAT from its online counterparts. Sports betting like horse racing contribute to about 5%of the states and lotteries contribute a whopping 16%.
• UK: Because the UK falls under the umbrella of one of the most top gaming countries, it is comparatively liberal in terms of their taxes. Depending upon the GGY of the land-based casinos, it can vary anywhere from 15% to 50% and 21% from its online counterparts.
• Macau: This city is the only hope for gambling lovers in China and around; hence they impose lumpsum taxes on gambling with 40% from land-based casinos, of which 1.6% is contributed to the Macau Foundation and 2.5% for socio-economic causes.

Countries with the lowest tax on gambling

• Italy: The country has made some modifications to their tax percentages from 2018 by increasing it on the land-based venues. It has been elevated from 20 to 24% and its online counterparts from 18 to 20%. This growth is still reasonable, considering the industries popularity in the country.
• Singapore: The country is still a newbie in the game of casinos, and hence most of their gambling revenue stems from the Marina Bay Sands and the Resorts World Sentosa. The owners either have to deposit $100,000 with five %GGR or 15% of the GGR for all other players.
• Portugal: Recent upgrade in the tax system from 18% to 25% has become an intimidating topic in the country. With lottery winners owing to 20% of their winnings.

The general approach to gambling throughout South America is reasonably liberal.
There are restrictions on certain types of betting and gaming in some countries in the
region though. For example, casino games are prohibited in Brazil. Our guide to the
gambling laws in South America explains about these restrictions in more detail, and
also covers any relevant online gambling legislation.

Gambling Laws in Africa

Few countries in Africa have passed any kind of legislation relating on online gambling,
although South Africa is one notable exception. Land based gambling is another
matter though, with various forms fully legalized throughout the region. There are
casino venues, for example, in several countries. We've provided details on the various
gambling laws throughout Africa on the following page.

We recommend that you have at least passing familiarity with the legal climate with regards to gambling in
your location. A working knowledge of the law in your area may help to keep you safe from any legal trouble,
and will make it easier for you to find the sites that cater for customers in your part of the world.

Please be aware, though, that nothing contained in this part of GamblingSites.org should be considered as
actual legal advice. We've carried out extensive research and consulted experts when compiling all of
this information, but we are not qualified to provide legal advice. If you have any concerns about the
legalities of gambling online where you live, it would be best to speak to a licensed lawyer.

Gambling Tax Around The World Chart

It is no brainer that gambling is a form of recreation in most countries around the world, which is also a constant source of revenue that builds up the counties economy. How does it do this? Of course, by waging taxes on the casino establishments or on winning individuals. What was once a recreational activity for many years has diverted its path in becoming a billion-dollar industry now!

Hundreds of countries around the world have legalized gambling(Must Watch), and some are on the verge of doing so. There is no standard law which governs the taxes waged on the casinos, common for all. They are handled differently not only in different countries but also differ among sates of the same country. This could be quite intimidating, especially if you're a traveller or a professional gambler. Sometimes casino owners pay directly to the taxman or the government, and on the flip side, some countries demand a percentage of an individual's winning in the form of tax. Other countries demand a cut only if you're a professional or if it's your primary source of income. Let us discuss some of the countries that impose highest to the lowest taxes in the world:

Counties with the highest tax on gambling

Gambling Tax Around The World 2020

• Germany: The county contributes to about 20-80% of the gross gaming revenue from land-based casinos and 18% VAT from its online counterparts. Sports betting like horse racing contribute to about 5%of the states and lotteries contribute a whopping 16%.
• UK: Because the UK falls under the umbrella of one of the most top gaming countries, it is comparatively liberal in terms of their taxes. Depending upon the GGY of the land-based casinos, it can vary anywhere from 15% to 50% and 21% from its online counterparts.
• Macau: This city is the only hope for gambling lovers in China and around; hence they impose lumpsum taxes on gambling with 40% from land-based casinos, of which 1.6% is contributed to the Macau Foundation and 2.5% for socio-economic causes.

Countries with the lowest tax on gambling

• Italy: The country has made some modifications to their tax percentages from 2018 by increasing it on the land-based venues. It has been elevated from 20 to 24% and its online counterparts from 18 to 20%. This growth is still reasonable, considering the industries popularity in the country.
• Singapore: The country is still a newbie in the game of casinos, and hence most of their gambling revenue stems from the Marina Bay Sands and the Resorts World Sentosa. The owners either have to deposit $100,000 with five %GGR or 15% of the GGR for all other players.
• Portugal: Recent upgrade in the tax system from 18% to 25% has become an intimidating topic in the country. With lottery winners owing to 20% of their winnings.

Countries with no tax on gambling winnings

• Finland: Gambling operators are demanded to pay 10% of the lottery winnings and 30% of their gross gaming revenue to the government.
• CzechRepublic: As of 2016, operators were compelled to pay 20% of their gambling revenue, but increased it to a good 35% in 2017, of which casinos pay 19% of corporate tax as well.