Quote:
Originally Posted by caquitows
As for my understanding, FPPs and VPPs are not the Reward or Bonus as they are. But how to reach them. So, PS can change how the mechanism works to reach them.
The security tokens could fall into that (that they are different FPP prices in different stages).
Maybe, as I say the rule is incredibly unclear but as people here can calculate a cash value for FPPs at the various levels I doubt merely using points is that significant.
I expect Stars will be fine, inaction and inertia will likely win out but making the rewards more central via in game "visualisation" and potential 50% penalties for not meeting deadlines could be problematic.
Assuming that the reward structure 2016 onwards is to be shifted towards recs not regs these changes make sense but I doubt that is good news for many here.
Quote:
Originally Posted by KeithMM
you cut the rewards to uk players so that we could pay half of your tax bill. I voted with my feet. Will this innovative change have me rushing back ?dream on ....might get the 9vpps to get my stellar but will stay off stars tables otherwise and play on my current sites where players are appreciated and not a cash cow to be raped and pillaged and then shafted for good measure.
I hate to reinforce my killjoy image but the UK reward changes did not cover 50% of the POC Tax, we are still waiting for the second item to get to that target - rake differentiated by country.
Quote:
Originally Posted by 4-Star General
I asked you im the other thread but I didn't get a proper reply (or maybe I just didn't get it due to language barrier).
Why and what you are fear from the rake differentiated by country?
I don't really fear it, I think it is an appropriate response.
The tax on the operator differs by where the player is in Europe. In the UK the tax is 15% of revenues but after rakeback or VIP. In Germany it is VAT instead which is 19% and no carve out for rakeback, Belgium is different again with a levy, 15% but no carve out for rakeback.
Stars said when they withdrew some of their rake changes back in December, including charging rake on rebuys, that they are planning to charge more rake in higher tax locations. Players pay more where the tax they pay on the rake is higher.
This already happens in segregated markets like Spain and France. The rake is higher but they are not in the international pool too which is worse.
For UK players there was some bitching re reduced VIP benefits but that was nowhere near the 50% of the tax charge. The rebuys rake for UK and general higher rake for everyone was to cover the remainder. They withdrew them but said that once they had the software developed they would charge players in the international pool different rake to reflect the different tax hit on them. They said not before July but hey, it's nearly September now.
Stars said 50% of POC would fall on players and 50% on them but the VIP changes are well short of the 50% target. That means higher rake, soon. Well unless they have given up on differentiated rake, which I doubt, as that just means spreading the hit accross countries that don't tax by player location to cover the rest of us. That would mean that the UK could up the tax but have none UK player pay most of it. An irresistible incentive for them and for all other countries to jack up the tax rate.
UK winning players get a good deal, we pay no income tax on it. In terms of player location taxes we also have a good deal with a rakeback carve out that casino or slot games don't get - their incentives or bonuses are treated as marketing spend so not deductible fro the 15% levy.
All I'm saying is that the EU VAT ruling and the UK POCT regime mean that in Europe we will have differentiated rake and as these are new additional taxes that rake change ain't gonna be nice for us, even with Stars eating 50% of the bill.
Last edited by Mike Haven; 08-28-2015 at 03:17 PM.
Reason: 3 posts merged