Tax-Free Winnings

Online slots are designed to maximize player entertainment and enjoyment. Whether you enjoy innovative, fun video slots or retro classical slots, you’re bound to find something that meets your leisure needs at Wildz. While it’s possible to play many games for free in Demo Mode at Wildz and other iGaming site, you may also opt to register an account and play for Real Money. There’s a possibility that, with some good luck, you may even hit a jackpot or a winning streak that yields a financial reward. A question players sometimes ask in regard to winnings involves their responsibilities when it comes to paying taxes. Here are some points to consider if you’d like to know more about online gambling and taxes.

Are online gambling winnings taxable?

The first thing to know is that Wildz will not withhold any taxes from its players. Each country treats gambling winnings differently, although in Canada, much of the European Union, and several other countries you receive tax-free winnings when playing games. Different countries around the world have their own legislation around taxation, with each player being responsible for their individual responsibilities according to localized regulations.

Please visit the website of the competent tax authority in your country of residence for full details on if and how gambling winnings should be reported as taxable income.

A full list of rules and regulations can be found at Joint Gambling Authority of the Federal States (GGL) or the BZSt page at BZSt | Umsatzsteuergesetz (UStG) § 4 Steuerbefreiungen bei Lieferungen und sonstigen Leistungen.

Is online gambling legal?

Online gambling is legal in many parts of the world, including most of Europe, large parts of Africa and Asia, many American countries, and a growing number of US states. The rules vary from country to country, so make sure you check the rules where you are.

As previously mentioned, here at Wildz, we’re regulated by the Malta Gaming Authority, a government body that checks we follow the law and protect our players. So you can be sure you’re in safe hands when you play at Wildz.

Deposits and withdrawals

Customers playing at Wildz are able to make deposits and withdrawals via mobile and desktop according to their preferences and the platforms available in their area. At Wildz, all deposits process immediately, while withdrawal times vary based on preferred withdrawal methods. Minimum amounts apply to all deposits and withdrawals. For a full list of payment methods available in your country, please visit Payment Options.

The Wildz Customer Support team is ready to help should you require assistance.

Responsible Gaming

Online gambling is an entertainment product. If you think you or someone close to you has a gambling problem, please visit our Responsible Gaming section to find helpful tips and third-party resources.