AW promotion: Almost every Polish casino offers some sort of online betting. The industry is regulated in great detail, and we are going to show you how this system works
Poland has a surprisingly big betting industry that, according to unofficial estimates, gathers hundreds of thousands of punters monthly. A typical online casino is able to attract so many players because it’s extremely versatile – hundreds of games are available 24/7 as well as all sorts of betting lines.
You can practically bet on any sport, including major athletics competitions. However, many fans of this sport are still unsure how this whole thing functions. Is betting on athletics legal? Who regulates the market? Our goal is to answer these – and a few more – questions in the forthcoming sections.
Is sports betting legal in Poland?
The first question is fundamental because you ought to know if you can really place sports-related bets. The simplest answer is: Yes, you certainly can do that. All it takes is to visit kasyna online – aka an online casino in Poland – pick your betting provider, register, and start placing wagers. There’s an entire list of reputable online casinos in the country based on an iGaming Comparator, a unique system of casino quality assessments, so you can quickly find a legit website.
This is possible thanks to the Gambling Act of Poland, a legislative framework that regulates the entire industry in this Central European country. Based on this document, online betting providers are allowed to work if they fulfill conditions related to the following:
– Data storage and archiving
– Website domain
– Data reconstruction and integrity
Most importantly, each entity must allow the National Revenue Administration to freely access their data. And it not just about being able to access data – the NRA must have the ability to search, filter through, and print information.
Betting-Related Taxes
The second most important aspect of the story has to do with taxation. How does Poland tax casino games and betting activities?
For one, they introduce the so-called tax on wagers (or turnover tax). In this case, punters must pay 12% of the overall stake (aka money wagered) for literally every single bet they place. This is the duty of a bookmaking provider: They ought to deduct this portion of the total amount before calculating your winnings – in case there are any. In a nutshell, the player is the one who pays…
CLICK HERE to Read the Full Original Article at AW…