The casino industry is an industry that has been going through a lot of turmoil, in the last year. That would be because of the Covid 19 pandemic that has actually rendered most physical casinos moot. But, the online casino industry has taken off. Most of the online casinos are considering this as a blessing, and they are updating their software and all other features as well.
They are welcoming guests with welcome bonuses and more. Bitcoin casinos are actually taking off as well. Because of the COVID-19 pandemic, a lot of industries are facing quite a bit of trouble, and the physical casino industry is obviously one of them, but some industries are flourishing. Because of work from home initiatives, a lot of people are finding more time to work from their houses. It also means that they have a lot of free time. They are making use of that free time to play casino games.
Down below, I have presented some questions and answers that people ask very frequently about casinos.
1. A lot of people ask me if casino employees are allowed to gamble.
Well, my answer to that is actually very simple. Casino employees are human beings. Once they are not on the clock, and once they are done with your shift, they are just like any other person in the casino. They are allowed to gamble, once they are done working. It is actually illegal for a casino dealer or a casino employee to gamble while they are still at work, which means that they are not allowed to do any sort of gambling activities, with any personal gain, when they are still on the clock.
2. Will my casino winnings be taxed?
This is a very simple question that most people ask me all the time. It would obviously depend on which country we are talking about. In countries like the United Kingdom, Canada and Australia, the players do not have to pay any tax on their winnings at all. Whatever you win, you get to keep without paying any tax. If we are talking about countries like France, you are required to pay 2% of your winnings as tax. In some other countries, you will have to pay up 7% of your winnings. A lot of people don’t even present the winnings in any legal documents. If you get caught, it is quite a problem. That is why, no matter where you are, make sure that the winnings are legal.
3. I am tired of playing on online casinos; when can I go to a physical casino?
You can actually visit a physical casino, anytime, depending on where you live. In most places in the world, casinos have opened up with social distancing parameters set in place.