The key thing to know is that these laws have little to no bearing on individual gamblers. Politicians like Nick Xenophon push the agenda to tighten gambling laws and restrict the ever-fluctuating industry, but it’s worth noting that online gambling will, without question, remain legal in Australia for the.
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A question I get asked a lot, is whether Betfair trading profits, or gambling winnings are really tax free in the UK ; and it is a very good question, because we are all usually aware of what needs to be declared to the Inland Revenue, but is gambling really tax free?
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