Gamblers in many countries find that their winnings are affected by a small tax. Opinions are pretty mixed as to whether or not this tax should exist, but we can probably all agree that being taxed by the government for your hard-earned profits will always feel a little unfair in the moment.
Casinos are also caught up in a web of taxes and fees, which is a big part of how communities and economies are able to benefit from their existence. In the majority of countries that have legalised gambling, casinos have to pay a tax on their GGR, or Gross Gaming Revenue. This is usually calculated as a percentage of a casino’s net profit, though every country does it a little differently. To make this work, governments have to strike a delicate balance in order to make a profit without discouraging casinos from setting up in their area.
Nobody likes taxes, and if there’s a legal way to avoid them we’re all going to jump at the opportunity. With this in mind, it’s useful to have an awareness of which countries are charging the lowest taxes on gamblers and casinos. Having that said, do not use this as legal advice of any kind, but rather an entertaining read.
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