Update: PokerStars Makes A Clever Move

Feb 14, 2012
Update: PokerStars Makes A Clever Move
Non-taxable winnings thanks to Malta licensing of the .eu site It seems like the Malta licensing of the recently launched Pokerstars' .eu website will bring lots of benefits to players, and consequently, even more benefits for the poker giant itself. The thing is that the players of the .eu site will enjoy player-friendly EU policies based on which gambling wins are non-taxable. In addition, the site will be offering players a variety of games and an abundance of competition. According to Guy Templer, the business development chief at Pokerstars, “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 also added that the new site aimed at settling the confusion that often surrounds tax on winnings in different European nations – for example, Swedish and Finnish punters were previously taxed on up to 50 percent of their online gambling winnings earned outside of the EU. In addition, thanks to this.eu business strategy, the company will be able to compete with Malta-licensed rivals who have also been offering tax advantages to players.
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