Roger Lu raised to 24,000 from middle position and Jesse May moved all-in for approximately 165,000 from the big blind. After some thought Lu made the call with the KQ which was racing against May’s ...
UK Online Poker Facing Tax Threat
UK Government To Introduce Point of Consumption Tax on Gambling
The UK government yesterday announced it was to introduce a new tax on gaming operators including those based in overseas jurisdictions which serve UK players.
The tax, to be implemented by December 2014, will also likely apply to online poker operators and is expected to be levied at 15 percent on gross profits.
The government statement said, “The current taxation regime for remote gambling has allowed operators to avoid paying UK gambling duties by basing their operations abroad. To broaden the tax base and provide a fairer basis for competition between UK and overseas remote gambling operators.
“Budget 2012 announces that the Government will move to a tax regime that ensures operators anywhere in the world pay gambling duties on gross profits generated from customers based in the UK. This is in line with the actions of several other European
Previously online gambling companies serving the UK pay tax at the point of supply, that is, from where they operated.
|1||More Details On Poker Pro Phil Ivey's Alleged Cheating While Playing Baccarat At The Borgata|
|2||Borgata To Pay Final 27 Impacted By Cheating Scandal In Poker Event $19,323 Apiece|
|3||Pennsylvania Man Mistakenly Throws Away $1.25 Million In Winning Lottery Tickets|
|4||Two Arrested For Counterfeit Casino Chips In Maryland|
|5||Deutsche Bank Looking To Sell Las Vegas Casino|
|6||Poker Hand of the Week: 4/17/14|
|7||Atlantic City Casinos Win $11.9 Million From Online Gambling In March|
|8||Online Poker: Nikolaus Jedlicka Wins $916,000|
|9||Eric Afriat Wins World Poker Tour Seminole Hard Rock Poker Showdown|
|10||Tiger Woods To Host Charity Poker Event|
|1||Atlantic City Casino Sues Phil Ivey For $9.6 Million, Says Poker Pro Cheated|
|2||More Details On Poker Pro Phil Ivey's Alleged Cheating While Playing Baccarat At The Borgata|
|3||Ed Miller: Four Bad Things Amateur Poker Players Say|
|4||Borgata To Pay Final 27 Impacted By Cheating Scandal In Poker Event $19,323 Apiece|
|5||Comedian George Wallace Awarded $1.3 Million In Case Against Las Vegas Casino|
|6||The Top Five Cities To Launch Your Poker Career: Part Two|
|7||'Technical Problems' Result In Massive $260,000 Overlay In Sunday Tournament On PokerStars|
|8||Phil Hellmuth Gives Poker Bracelet To NBA Owner|
|9||The Top Five Cities To Launch Your Poker Career: Part One|
|10||High-Stakes Online Poker: Viktor 'Isildur1' Blom Drops $1.4 Million This Week|