Post
Topic
Board Gambling discussion
Re: Zimbabwe Votes and Backs 10% Tax on Sports Betting Winnings
by
Maslate
on 04/01/2025, 11:56:32 UTC
The main responsibility of the governments of any country is the development of its country. And for this they need money, which is why they make various laws to collect money from different platforms. However, the laws they are making for gambling will definitely discourage gamblers. Gamblers will be more affected by this law.
This law will likely push gamblers to resort to illegal casinos, where the government won’t be able to track transactions, meaning gamblers won’t be forced to pay taxes on their winnings. IMO, this is a wrong move, taxing casinos should already be enough since they’re the ones really profiting.

If gamblers start shifting to illegal gambling, the government’s tax collection could actually be negativel affected.
They might realize this mistake sooner or later, but by then, it could be too late to undo the damage.