New decisions were taken regarding games of chance within the scope of the fight against illegal betting. In this context; While the distributable bonus rate was increased, taxes on games of chance were reduced.
In today’s issue of the Official Gazette, a decision was published that concerns citizens who play betting games. Signed by President Erdoğan “Decision Concerning the Redetermination of the Rates in the Fourth Paragraph of Article 6 of the Law No. 5602 on the Regulation of Taxes, Funds and Shares Received from Games of Chance Revenues (Decision Number: 8003)“, it was decided to reduce the taxes collected from games of chance.
Within the scope of the decision that will come into force as of January 1, 2024, the tax on betting games in the sports category will be 10 percent. to 5 percent was dropped. With this; The 14 percent tax on horse racing was reduced to 7 percent, and the tax on other games of chance was reduced to 20 percent. 10 per centIt was reduced to .
The aim of the regulation is to combat illegal betting.
The decision taken affects the price of betting games and other games of chance. may drop looks like. The reason why the government took such a decision is fight against illegal betting. We will see better whether the decision works or not in the next year.
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Meanwhile; published again today7491 Law on Amendments to Certain Laws and Decree Laws“, an improvement was also made in the distributable bonus rate in games of chance. The distributable bonus rate, which was 83 percent before the decision, has increased with today’s decision. to 93 percent was raised.