Off topic & small talk: Chatterbox (Page 413)

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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.

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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.

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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

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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

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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.

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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

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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.

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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

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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.

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