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E.U. TAX ADVANTAGES TO PLAYING NEW POKERSTARS WEBSITE

02/14/2012 :  Malta licensing means player-friendly tax arrangements
 
The recent launch of the new Pokerstars.eu 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 Pokerstars.eu 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 :

MLB Odds: Stroman Gets the Nod Against Royals - The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.

Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

Microgaming QuickFire enters Coloumbia - Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.

Partypoker to sponsor WSOPC Uruguay - Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.

MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

PartyPoker Exits Australia - From 31st August 2017 partypoker players will no longer be able to play from Australia. Players’ deposited funds are safe and available for withdrawal.

Mercury Poker Live on Indian Poker Network - Mercury Poker Live on MPN's Indian Poker Network. MPN India, established in 2015, is a ring-fenced poker network dedicated to the Indian market and operating exclusively in Indian Rupees.

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