Gambling is one of the oldest types of entertainment in the history of mankind. With the technical progress, the industry has turned into an integral part of the virtual economic market, which is accessible to everyone. Today, operators have 2 main questions: how to increase iGaming earnings and do casinos pay income tax?
Casino Market experts have gathered comprehensive information on both topics. We will tell you how the system of taxation of gambling start-ups works in different countries and what actions an investor should take in order to quickly cover costs.
How to increase digital casino profits? To get detailed advice on how to manage gambling projects and order effective solutions for an online business, please leave an application to our managers.
To date, there is no unified taxation system for the virtual gambling sector. Deductions to the treasury are calculated in accordance with the existing norms that are valid in the territory of specific jurisdictions. Moreover, in many countries, online platforms are still strictly prohibited.
Casino income tax in different parts of the world
2,5–3 million rubles per year, depending on the type of the business area (betting shops, sweepstakes, and several versions of online lotteries are considered legal)
The Republic of Belarus
From 1,500 to 7,140 Belarusian rubles for one unit of gambling equipment
10% — a fixed annual rate for betting websites, online casinos, and lotteries (we recall that the gambling business was officially legalised in this country at the end of 2019)
A flat rate of 15% of the gross proceeds of virtual projects
The size of the tax rate depends on the state and can range from 30 to 55% of the annual revenue of the entertainment sector
Gambling remains illegal in this country. The only exceptions are sports betting and betting on horse racing. Such projects are subject to a corporate tax of 29%
Only local licensed operators can provide gambling services. Casino profit is subject to a flat rate of 15%
Commission deductions are fixed and their size can reach 30% per year. Besides, there is a fee for winnings — 12%
To calculate the success and prospects of a gaming site, several specialised indicators are used:
The following metrics allow entrepreneurs to rationally assess the level of income in their casinos:
They can be divided into 3 main groups:
“Mixed” metrics that evaluate the income are represented by the following categories:
Only high-quality software will help calculate the profitability of casino slots. From our company, business owners can order a set of services and systems with the following options and benefits:
We offer you a list of effective ways to make your project even more profitable:
Maximum traffic is the only correct answer to the question of how to increase the casino’s profitability. The amount of revenue and the success of the project directly depend on the number of users.
A promising platform must provide:
To a modern gambler, it is most important not so much to win large sums of money but to get a positive user experience and launch a favourite slot machine at any time.
By the end of 2018, about 70% of active users preferred to visit game sites from mobile gadgets. Today, the mobile market is constantly expanding and transforming. The next stage of evolution is video slots and live broadcasts in smartwatches.
When wondering how to earn more money in a casino, it is impossible to ignore the bonus policy.
Among the commonly used solutions for retaining customers, we can name:
In such an issue as the search for ways to increase revenues, operators will definitely need the help of skilled specialists. Solo attempts to create a marketing program and calculate the possible risks of the enterprise can result in large financial costs and loss of time.
So, how to increase the profitability of online casinos? Just turn to our experts and they will offer comprehensive solutions for start-ups of any format.
Become part of the successful Casino Market team already today!
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