Privacy settings

We use a number of cookies on our website. Some are essential, while others help us improve our portal for you.

Privacy settings

Here is an overview of all the cookies we use. You can choose to accept whole categories or view more information and select only certain cookies.

Essential (6)

Essential cookies enable basic functions and are necessary for the website to function properly.

Statistics (3)

Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
If the statistics cookies are subsequently deselected, they will remain on the computer until the expiry date. However, they are neither updated nor evaluated.

Off topic & small talk: Chatterbox (Page 413)

Topic created on 14th Jan. 2019 | Page: 413 of 1175 | Answers: 11,741 | Views: 1,489,916
Falko
Icon
I would be interested, suppose an online casino is a 3 man company. How much money must it generate in the year at least or take in profit to cover all these costs where also the license costs would have to be added? There are so many casinos on the Internet and some are so unknown or untrustworthy, where I ask myself how just these casinos manage to survive in the tough market. Because they also have running costs to pay.

This post has been translated automatically

u****n
Falko wrote on 08.06.2021 at 16:14 clock: I would be interested times, suppose an online casino is a 3 man company. How much money it must earn in the year at least or take in profit to cover all these costs where also the license costs would have to be added? There are so many casinos on the Internet and some are so unknown or untrustworthy, where I ask myself how just these casinos manage to survive in the tough market. Because they also have running costs to pay.

you already partly answer the question yourself. Some casinos are so unknown or not trustworthy, because they have no or only some Uganda license, which costs nothing great. Add to that some fake slots that some scammers provide and you're good to go

This post has been translated automatically

T****i
unicorn wrote on 08.06.2021 at 16:18
you already partly answer the question yourself. Some casinos are so unknown or untrustworthy because they have no license or just some Uganda license that doesn't cost anything great. Add to that some fake slots provided by some scammers and you're good to go.

But that does not answer his question.

3 people want to earn at least 3000 net. That is about 5000 gross.

So they have to make around 20,000 net win per month.

Not possible without serious reputation and large customer base

This post has been translated automatically

u****n
Tolinski wrote on 08.06.2021 at 16:24
But that doesn't answer his question.

3 people want to earn at least 3000 net. That is around 5000 gross.

So they have to make around 20,000 net win per month.

Not possible without a serious reputation and a large customer base

you are really not the brightest. What do you think why the casinos sit on Malta or Curacao? hardly to pay 2000 euros in taxes

This post has been translated automatically

T****i
unicorn wrote on 08.06.2021 at 16:30
you are really not the brightest. What do you think why the casinos sit on Malta or Curacao? hardly to pay 2000 euros in taxes

as you have never text understanding.

not the casinos pay the 2k monthly, but the employees/entrepreneurs. whereby I do not know the foreign income tax and Insurance obligations.

This post has been translated automatically

u****n
Tolinski wrote on 08/06/2021 at 16:55
how you never understand text.

not the casinos pay the 2k monthly, but the employees/entrepreneurs. although i don't know the foreign income tax and Insurance obligations.

how you just don't see connections. If the company's win is not taxed or only slightly taxed, the employees can get 5000 instead of 3000. What they ultimately pay as income tax is completely irrelevant

This post has been translated automatically

T****i
unicorn wrote on 08/06/2021 at 17:04
how you just don't see connections. If the win of the company is not taxed or only slightly taxed, the employees can get 5000 instead of 3000. What they ultimately pay as income tax is completely irrelevant

oh, so if you are self-employed, the income tax is irrelevant for you? I see.

This post has been translated automatically

u****n
Tolinski wrote on 08/06/2021 at 17:07
oh so if you are self employed income tax is irrelevant to you? I see.

juuuunge that you have to be explained every shit because you are a hollow fruit. Personal income tax can be the same in Germany and Malta for all I care. But if company taxation is lower in Malta, then Maltese companies end up with MORE PROFIT AFTER TAX, which can eventually be distributed to the employees

This post has been translated automatically

T****i
unicorn wrote on 08.06.2021 at 17:21
juuuunge that you have to be explained every shit because you are a hollow fruit. Personal income tax can be the same in Germany and Malta for all I care. But if company taxation is lower in Malta, then Maltese companies end up with MORE PROFIT AFTER TAX, which can eventually be distributed to the employees


the point is that you have to take into account any taxes to answer the initial question of how much win a casino has to make in order to make it worthwhile for everyone involved. And that's all Falko wanted to know.

This post has been translated automatically

u****n
Tolinski wrote on 08.06.2021 at 17:27
the point is that you have to take into account any taxes to answer the initial question, how much win a casino has to make to make it worthwhile for everyone involved. And nothing else wanted to know Falko.

Yes, and the answer is that you have to have your company headquarters in a tax haven for it to be worthwhile at all, as an unknown noname casino

This post has been translated automatically

Hot Topics17th May. 2024 at 08:58 pm CEST

GambleJoe is aimed exclusively at user whose allowed to play legally with his current location in online casinos and does not violate the current law.
It is the responsibility of the user to inform himself about the current legal situation. Gambling is prohibited for children and adolescents under the age of 18.
GambleJoe is a registered trademark with the EUIPO of GJ International Ltd.

© 2012-2024 GambleJoe.com

Forgotten your password?

Create a new password here

  • 1. Fill in the 3 fields carefully and click on the green button
  • 2. Check your email inbox for a message from GambleJoe
  • 3. Click on the confirmation link in the email and your new password will be active immediately