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In Canada, gambling winnings from online casinos are generally not taxable for recreational players. However, if gambling is your primary source of income, you may be required to report it as taxable income. Depositing funds and cashing out winnings at real money casinos is a simple process. Find out about the main steps involved below and take note of our tips that’ll ensure your details remain secure during transactions.
Clear the cache if using Android; for iOS, reinstall the casino app if needed. Read the checklist of terms regarding responsible gaming and privacy before ticking the consent box. Players must confirm age eligibility; this is required by casino regulations in Canada. Make sure your password includes a combination of numbers and letters for stronger protection.
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Here it’s important to read the terms of the bonuses and understand what wagering conditions the operator sets. The iGaming industry is very competitive because there’re a large number of online casinos today. To attract their target audience, each of these competing casinos offer ‘sweet’ bonuses to gamblers, such as signup bonus, 1st few deposit bonus, birthday bonus, weekly bonuses, and others.
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