You may know that all online casinos and operators will have to pay taxes. This has been one of the most important and biggest tax revenues in some counties. It is a clear advantage for the country. We must add that countries will generate a passive income from online gambling and betting. If we add the fact that there are millions of gamblers in any country, you can see how much money a country can get in this way.
In Nigeria for instance, the country will get income from taxes lotteries, and betting sites for sports. These are legal, and available all the time. On the other hand, Online casinos are not legal hence they cannot be linked to taxes in any way. In simple terms, if a casino is not legal the country can’t demand taxes. As you know, all forms of online casinos and casino games are prohibited in Nigeria which can be a massive issue or a massive problem due to this issue.
For comparison, online gambling in the United Kingdom is completely legal and allowed to all players who want to bet. They can easily visit an online casino that has a UKGC licence and place any bet they like. This is a much better approach. Bettors and gamblers have the ability or better said they will bet at safe and licensed sites only hence this decreases a lot of issues and problems.
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