According to most experts, it may take at least 5-6 years for legal casinos in Indonesia to fully function. If it comes to online gambling, then we see even more restrictions, because currently players have the right to legally place bets exclusively on public events, Toto football and the national lottery.
The country has extremely severe penalties for any illegal betting activity, but due to the lack of law enforcement, many citizens still find a way to get into Indonesian casinos. Current penalties include a fine of 500,000 yuan for first-time offenders. However, if arrested and prosecuted, any repeat offender could face up to 3 years in prison.
You might think that such strict laws and sanctions do not allow citizens to participate in gambling. In fact, these restrictions seem to only fuel them and encourage them to search for foreign online gaming resources.
Will there be a taxable gain in Indonesia?
There has already been quite a lot of discussion about the taxation of gambling income. Long-established legal forms of gambling already pay a certain percentage of tax. Recently, negotiations are underway to increase the gambling tax levied on new legal casinos, which may amount to a total of 22%.
Citizens participating in the lottery are not required to pay tax regardless of the amount won. If you bet on sports events and win, you must indicate this in your income statement. Winnings received when playing interwin slot are not taxed. Due to the lack of a legalized system for regulating online casinos, the authorities do not have the right to collect taxes. Thus, you can safely store your winnings received from any foreign gambling resource.
Is online gambling legal in Indonesia?
Against the background of recent attempts to legalize Indonesian casinos, you might think that gambling in the Internet environment is not so far behind the realities. In fact, it may take a long time before you legally start using gambling resources in Indonesia. According to statistics, there are many citizens who vote against legalizing gambling in Indonesia. It can be assumed that the reason for this is the growing problem of crime and gambling entertainment, such as money laundering, as well as addiction.
While 88bet Indonesia online games are not approved in Indonesia, the government does not take any action against participants. There are no online casinos in Indonesia itself, but Indonesian players are accepted by various major foreign online casinos. Since there are hundreds of online casinos, it can be very difficult to find one that will satisfy you in all respects.
First of all, players are interested in the entertainment catalogue:
- it should be capacious,
- it should have a decent bonus grid
- it should guarantee safe and reliable gaming environment.
It is also worth noting that according to the current legal position regarding the gambling industry in Indonesia, a player cannot be protected from fraudulent activity on the Internet. If you want to play in an online casino, and still feel protected, in this case, you should very carefully approach the issue of choice.