З Are Casino Winnings Taxable in Canada
In Canada, casino winnings are generally not taxable if they result from personal gambling activities. However, winnings from professional gambling or business-related gambling may be subject to tax. Always keep records and consult a tax professional for accurate reporting.

Are Casino Winnings Taxable in Canada What You Need to Know

I hit a 500x on a low-volatility slot last week. (No, not a jackpot – just a decent run.) My bankroll jumped from $200 to $10,000 in under 45 minutes. Felt like a god. Then I checked the CRA’s guidelines. Nope. Not a free pass.

Any net gain from gambling – that’s the key phrase – is reportable.