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Posted Tue, 04 Jun 2024 09:08:50 GMT by jmartin2938 martin
Hi On 15/05/2024, I won 89000 USDT (£70.000) from a crypto casino called TG Casino. This is a legal and licensed Crypto Gambling site, I think. I won this by depositing £2500 to purchase 3194 USDT. I have already paid taxes on the £2500 I originally received as salary in the UK from my employee. Would I still have to pay tax on this, and how do I report this money I just made to HM Revenue & customs? I am aware that the UK does not have a tax on winnings from gambling, and there doesn't seem to be any guidance for crypto gambling. Please let me know how to proceed.... 

Name removed admin 
Posted Thu, 06 Jun 2024 11:20:51 GMT by HMRC Admin 25 Response
Hi jmartin2938 martin,
The UK does not tax the 'winnings' of betting / gambling.
This will include crypto gambling.
Thank you. 

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