4 ms·
25% of their 40% take goes to lawmakers?
by genewitch 1y ago
25% of their 40% take goes to lawmakers?
- tough 1y agooh, I see, incentives alignment eh
- bartread 1y agoAh, yes, now that's interesting. In the UK you do not pay tax on winnings from gambling so, assuming the government gets a cut, this might be in lieu of tax that they would otherwise not accrue from the professional/expert gambler due to their winnings not being taxable. And modern KYC checks mean, I'd imagine, you can't simply subvert this by running multiple accounts or by periodically shutting down your accounts and setting up new ones.