What online gambling players need to know in 2025
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Aussie crypto gamblers get tax clarity as the ATO confirms winnings from lotteries and game shows aren’t immediately subject to capital gains.
Aussie online gamblers now have clarity about whether their winnings count as capital gains and how much to report on their taxes.
The Australian Taxation Office has offered new guidance regarding crypto assets, specifically with regard to gambling. As it explains, crypto assets acquired through the process of game shows and ordinary lotteries are not considered…
