Key Takeaways
- PokerStars is moving its Greek players to pokerstars.gr and introducing a daily withholding tax on winnings above €100.
- The 15% basic rate of tax rises to 20% for daily winnings above €500. Full Tilt Poker will also follow the new regime.
- PokerStars has also removed tournaments with “larger prize pools.”
- The compliance action may signify a reduction in the level of regulatory risk the Rational Group is prepared to accept.
In a surprise act of attempted compliance with Greek gaming laws, Rational Group is moving its Greek online poker players to dot-GR websites, and introducing a daily withholding tax on winnings above €100.
Winnings of €100 or higher are taxed at 15%, automatically withheld at the end of the day. The tax rate rises to 20% for daily winnings above €500.
