fbpx Germany raises tax on poker rooms | Gamingpost.net
captainslot.consulting

Germany raises tax on poker rooms


PokerStars is forcing hard restrictions on German players due to the new tax.
  • Poker
  • 2021-07-12 14:30:46
  • 137
Germany raises tax on poker rooms

The German government has amended its new online gambling legislation. Due to this, one of the world's largest online poker sites has radically changed its offering for players.

The government introduced a new turnover tax of 5.3%. In addition to this, the new legislation prohibits Germans from playing more than four tables, depositing more than 1000 euros per month on the site and choosing their seats at the tables for cash games.

At PokerStars, this tax is levied on buy-ins - operators will be taxed based on how long the player is sitting at the table. For example, for every 100 euros from a player, the poker room will pay 5.30 euros to the German government.

The new tax took effect on July 1. In response, PokerStars is raising commissions and rejecting high-stakes offers from German players. Due to changes in legislation, most German professional poker players have already left the country and settled elsewhere in the European Union.

Cash games have also changed. The highest bets will be no-limit and pot-limit with blinds of $ 1-2 and $ 3-6. The commission for games with a limit will increase to 35%, and in games with high stakes, the commission has increased by 25%. Thus, the German poker player will pay more to offset the state tax. The new policy will not affect tournaments.

Another major change has been made by the government - when players sit down at a table, they must play a certain number of hands before getting up and out of the game. If players do not follow this rule, they will not be able to return to the table within a certain amount of time.

The gambling portal gamingpost.net monitors the process of legalization of gambling in Ukraine. Read the latest news: The fight against the black market, the roster of gambling addicts and taxes: a round table of experts

Esports news: Parimatch cooperates with the Ukrainian E-sport Federation

Lottery news: Lottery to be held at the 2020 Olympics

YOU MUST PAY ATTENTION
Germany raises tax on poker rooms Poker

Germany raises tax on poker rooms

PokerStars is forcing hard restrictions on German players due to the new tax.

  • 2021-07-12 14:30:46
  • 137
How a poker player launched a successful startup Poker

How a poker player launched a successful startup

A world-class poker player shared how he became the CEO of BloomNation and shared entrepreneurial advice.

  • 2021-05-14 13:46:27
  • 299
Cryptocurrency legacy of poker players: how to get the bankrolls of the deceased? Poker

Cryptocurrency legacy of poker players: how to get the bankrolls of the deceased?

The Bankroll Beneficiaries program appears in America's Cardroom as a guarantee of proper bankroll transfers in unpredictable situations.

  • 2021-05-11 13:57:58
  • 227
Poker and Chess: How Similar Are They? Poker

Poker and Chess: How Similar Are They?

You can compare the incomparable. Leading grandmasters talked about the similarities and differences between chess and poker.

  • 2021-04-27 15:32:01
  • 279
The biggest winnings in poker tournaments Poker

The biggest winnings in poker tournaments

Many people dream of winning a million-dollar prize in a poker game. But it's worth looking at the history of poker tournament winnings in recent years. Many players have won far more than a million at poker. The fabulous sums of 5, 10, or even all 18 million dollars are the real prize money of the tournament winners.

  • 2021-04-07 11:09:16
  • 437
“It is wrong to link sports poker clubs with casinos,” - Sergey Efimenko on the opening of a sports poker club and the Federation's plans for a year Poker

“It is wrong to link sports poker clubs with casinos,” - Sergey Efimenko on the opening of a sports poker club and the Federation's plans for a year

Sports and gambling poker are two different games, says Sergei Efimenko, head of the All-Ukrainian Federation of Sports Poker. Especially for Gamingpost.net, he spoke about the main differences between sports and gambling poker, competitions and the Ukrainian team, which has won prestigious championships more than once.

  • 2021-03-24 10:53:16
  • 467
More contents