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Falko

Forum posts: 6.414 Member since: 08.07.2018

8th Jun. 2021, at 04:14 pm CEST#4161

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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.

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u****n

Forum posts: 1.196 Member has been banned

Chatterbox

8th Jun. 2021, at 04:18 pm CEST#4162

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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

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T****i

Forum posts: 417 Member has been banned

Chatterbox

8th Jun. 2021, at 04:24 pm CEST#4163

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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

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u****n

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Chatterbox

8th Jun. 2021, at 04:30 pm CEST#4164

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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

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T****i

Forum posts: 417 Member has been banned

Chatterbox

8th Jun. 2021, at 04:55 pm CEST#4165

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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.

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u****n

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Chatterbox

8th Jun. 2021, at 05:04 pm CEST#4166

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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

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T****i

Forum posts: 417 Member has been banned

Chatterbox

8th Jun. 2021, at 05:07 pm CEST#4167

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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.

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u****n

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Chatterbox

8th Jun. 2021, at 05:21 pm CEST#4168

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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

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T****i

Forum posts: 417 Member has been banned

Chatterbox

8th Jun. 2021, at 05:27 pm CEST#4169

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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.

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u****n

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Chatterbox

8th Jun. 2021, at 05:32 pm CEST#4170

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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

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