Key Takeaways
- PokerStars has adopted a strategy of compliance with Greek legal requirements to withhold taxes on player winnings.
- PokerStars has removed access to all tournaments where there is a chance of a big win. Greek players are only able to play microstakes multi-table tournaments and Sit and Go’s.
- What PokerStars has done is to protect its players from being exposed to unexpected tax liabilities. In so doing it has substantially reduced the PWT the Greek government will collect.
PokerStars has adopted a strategy of compliance with Greek legal requirements to withhold taxes on player winnings each day. It has temporarily removed all mid- to high-buyin tournaments, and has recommended to Greek players ways to minimize the daily tax.
