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02/14/2012 :  Malta licensing means player-friendly tax arrangements
The recent launch of the new website under Malta licensing  represents more than a clever corporate move from the Isle of Man headquartered internet poker provider...there are significant player advantages for some players as well.
The new site's Malta licensing means that visitors enjoy punter-friendly EU policies through which gambling wins are non-taxable, but can still enjoy all the advantages of the dotcom site in terms of games availability and an abundance of competition.
Gamblers in Nordic countries like Sweden and Finland, for example, face almost punitive tax requirements on winnings achieved outside of the EU.
Guy Templer, the man in charge of business development at Pokerstars, explained this week: “Some markets treat European Union-licensed operators differently than other license-holders.
"Offering our online poker on with a Maltese licence provides benefits to players in Sweden and Finland in particular.”
Templer said that the rationale for the new site was to address the confusion that often surrounds tax on winnings in different European nations. Gamblers in Sweden and Finland were previously taxed on up to 50 percent of their online gambling winnings earned outside of the EU, he pointed out as an example.
From a Pokerstars perspective, the .eu business strategy enables the company to compete more equitably with Malta-licensed rivals who have also been offering tax advantages to players.

Gambling News :

$700K worth of Power Series Mega Sats every week - These amazing Power Series Mega Sats hit the partypoker lobby on Sunday 25th March so log in, buy-in and see if you can win one of the near $700,000 worth of tickets on offer this week.

Pinnacle Goes Live With Microgaming Quickfire - Founded in 1998, Pinnacle is a respected industry leader, delivering sports betting, casino and educational betting-related content to customers worldwide.

PokerLion Joins Microgaming Poker Network - PokerLion roars into life on the MPNís Indian Poker Network. Microgaming welcomes PokerLion to the MPNís growing Indian Poker Network.

Danske Spil Bingo Moves to Microgaming - The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.

Quickfire live on Strendus - Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.

$2 Million Added to partypoker Guarantees - Almost $2 Million Added to Guarantees During First Ever Super Sunday

Quickfire content live on BetatHome - Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.

Microgaming has donated £30,000 between four charities - Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.

Entertainment Betting Odds: 90th Academy Awards - The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.

New era of poker in Baltics with The Kings of Tallinn - The Main Event at the festival has already attracted big names like Juha Helppi and Kimmo Kurko. These two are Finlandís all-time poker tournament winners.

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