Rational Makes Peace With Greek Online Gambling Authorities

RATIONAL MAKES PEACE WITH GREEK ONLINE GAMBLING AUTHORITIES

22nd November, 2013 at 11:35:01
Source: http://www.azonlinecasinos.com

But that means that Greek Pokerstars and Full Tilt players will pay a daily withholding tax on winnings of 15 percent.

The Rational Group, parent of Pokerstars and Full Tilt Poker, has reportedly made its peace with Greek enforcement authorities, agreeing to switch its Greek activities to dedicated Greek domain sites, and levy a withholding tax on players' winnings over Euro 100 of 15 percent.

Winnings above Euro 500 will likewise be the subject of daily withholding tax, but at a rate of 20 percent

In return, the Greeks have granted the Pokerstars.gr and Full Tilt Poker.gr websites interim online poker licensing through a Greek Rational partner, Malta-based Diamond Link Limited.

Greek players will not be restricted to a "Greece only" player pool, but some major tournaments may exclude Greek players.

Related News Tags: , ,



« News index »



SPAIN'S ONLINE GAMBLING MARKET HAS A SOUND FUTURE

29th March, 2017 at 19:48:16
Analyst says sector likely to deliver Euro 500 million in Revenues in 2017.

ONCE RATIONAL GROUP IS PAID OFF, WILL AMAYA BE LOOKING FOR ACQUISITIONS?

24th March, 2017 at 16:47:40
$4.9 billion consideration agreed for Rational Group in 2014 is due for final payment this year...but what then for Amaya?

LAND CASINO INVESTOR BUYS MOBILE APP COMPANY

20th March, 2017 at 07:18:24
Is Amax planning on expanding its land asset?

POKERSTARS CASINO MAKES THREE MILLIONAIRES IN ONE MONTH

10th March, 2017 at 19:59:37
Over $4.2 million won from million dollar jackpots at PokerStars Casino in 27 days from end-January to end-February this year..

BAAZOV SELLS A THIRD OF HIS DOMINANT STAKE IN AMAYA ONLINE GAMBLING GROUP

08th March, 2017 at 11:38:44
Former CEO sells off 7 million shares worth a total of Cdn 133 million...and still has plenty more at home.