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Casino


Taxation Casino

TAXATION CASINO

According to the Ν.4635/2019 law (Official Gazette Α' 167/30-10-2019) our player’s profits are subject to the following tax rates per Casino/Live Casino player session:

  • Tax 0%: player session net profit up to 100 euros
  • Tax 15%: player session net profit from 100.01 to 500 euros (Tax is charged on the profits which exceed 100 euros per Casino/Live-Casino player session)
  • Tax 20%: player session net profit from 500.01 euros or more (Tax is charged on the profits which exceed 500.01 euros per Casino/Live-Casino player session)

Only if the net winnings are subject to taxation, the tax amount will be deducted from the player’s wallet after the player session ends or in case of withdrawal, the tax amount will be deducted from the player’s wallet

The player session is defined as the time between the player logins on his account until the player logs-out (participating on the Casino/Live-Casino games). In case there is a player disconnection for Technical or Regulatory reasons, the current player session will be considered as completed and Tax will be calculated and deducted (if the winning amount is Taxable).

Example 1

Total stakes of €10 on Casino/Live-Casino

Profit = €110

Net profit per player session €100

In this case there is no tax since the net profit is less than €100 per player session

Example 2

Total stakes of €20 on Casino/Live-Casino

Profit = €240

Net profit per player session €220

The initial 100 euros net profit is tax-free. In this case the taxable net profit amount is 120 euros (220-100)

Therefore, the applied tax category is 15% (120*0,15 = €18). The player finally gets the amount of €202

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