Re: Zimbabwe Votes and Backs 10% Tax on Sports Betting Winnings
Do you think the gambling population would see it as a fair system or they would evade paying the tax?
More importantly, government introduce tax on gambling profit but they don't have repayment package for wager loses
hehehe
This is where they are getting it wrongly because they don't value their citizens. But wait a moment, does this applies to all crypto casinos or only landbase casinos? More importantly, government introduce tax on gambling profit but they don't have repayment package for wager loses
heheheSometimes decentralized casinos could help in the country where their government impose law. I mean a web3 casinos were the gambling operators do not ask for kyc as I believe through kyc government knows or monitor the numbers of people who interact or signed up through that platform (I could be wrong or right).
Anyway, a country like Zimbabwe where their currency is extremely poor aren't meant to be too hash on their citizens as I believe that is extortion to the highest level.