http://pokerfuse.com/news/law-and-re...oved-portugal/

With this taxes is poker beatable?

and can u tell me please if this means pt pool is gonna be segregated ??

Even 15% is to much are these guys crazy....

in Italy is even more higher, 20% I think

15% of the pot would be impossible to beat but a tax on the rake of 15% shouldn't be a killer. Article not 100% clear but from past recollections this is a tax on the revenues of the site revenues not the pot/tournament prize.

Percentages are gross gaming revenue. So 15% is the same as NJ, lower than Spain, France, Italy and Denmark.

what about segregation is it gonna happen ?? we are so small , the only thingi found was that it was at least studied the chance of a pool segregation with 3 or 4 countries but im clueless..

about taxes i play only sng or mtt , so the % is only applied on the rake right ?

We don't know, but I speculated a bit in NVG.

Taxes are collected from the operator by total gaming revenue generated (so yes, rake). At 15%-20%, what you'll probably see is probably rewards programs reduced a bit to compensate.

Argue good or bad...but how is almost that every (not really but feels like it) country is able to come to quick legislation but good ole US of A cant seem to even come close ? And why are we (pro legislation) not bring up all of the other countries legalizing when it comes to concerns that are brought up?? i.e Underage gambling, Money Laundering. Why are these countries not overly worried about it?

Because we need to be protected from the dangers of online poker.

It is sad how we used to be the land of the free, but we are quickly becoming one of the most conservative countries in the world.

what about pool segregation any news ??? Portugal is to small to make is own pool , if they segregate us and not include any other country i believe its a disaster for portuguese players . Some people might not have notion but new york it self has almost the same number of people that lives in portugal.......

3 posts up:

Considering how the other eu countries have done it, the odds are in favor of segregation and realistically the best u can hope is that it stays open at least for the eu players, like in france i think, and if ur games are low enough rake, vips good enough, games good enough, pools big enough .. some hope for nlh, little hope for tournaments, no hope for other forms of poker.

The italy spain pool seems to be in ice, and france declined. U might have to play in the wild west, making ur online gambling much more dangerous, thank to segregation, and figuring out if its even legal isnt clear, though imo it usually is, especially under eu, though much of wild west is non eu, but seems legal to me.

How to calculate the odds? Other EU countries have segregated to tax but now Portugal has the UK example of Point of Consumption taxation and multiple licences. Given the collapse in revenues in places like Spain and France and the survey data that shows widespread use (40%+) of offshore sites the rational (pun intended) choice would be to choose the Uk model not the Spanish or French.

One of the best if not the best and only best possibility for eu grinders is portugal if it picks the uk model. Also italy spain pool would be a major change.

If its income tax free winnings, also makes a difference if one wants to pay tax or not, though one can pay tax in another country .. work plus or just poker incomes .. and then spend the pension in eg. portugal, but one is stuck elsewhere then till pension, until one grinds during pension also, to pay at least for the flat.

Tax free means one works in portugal, sooner or later, or only poker but then grinds at least the flat costs during pension or moves back to ones country, or in nepal or india as they are the cheapest, though romania is cheap and close, and bulgaria but 888 and party block bulgaria .. party blocks india also.

Spanish and italian are very similar, and maybe portuguese is also, and at least there is also brazil, additionally to eu, good weather, sea, west, better safety.

I believe the new legislation will be enforced this month or the next.

Players won't be paying taxes because the government decided to make only one law for everything (poker, casino and sports betting), so poker is considered a game of luck, and because in such games players don't win in the long run they shouldn't be taxed.

Companies have to pay 15%, but we all know who will be the final payer - the player - with higher rake or lower fpp benefits.

About the pool, the legislation doesn't say anything specific to this matter. I believe that a law maker already clarified that companies can do whatever they want. So obviously we're going to have an open market, only that the account balances must be in Euros.


All in all it's not that bad.

France, Spain and Italy should revise their legislations and have an open market.

.com pool has players who can get away with collusion, botting. Though there might be no law against it but it should be one idea of regulated poker.

If poker is gambling in portugal, professionals might not get in portugal.

Euro? I think 888 poker is in dollars and if u deposit with euros, the cost might be as high as 10% when one deposits w dollars to 888 euroaccount, thats why i changed it to dollars, that was done instantly after asking on chat and no deposit costs anymore. plus there is next to no rakeback. There might be problems in party and even in stars.

I dont have to give portugal a shot having picked romania but the odds are good it is a half costs and better weather version of the uk with the possible difference in limitations of where one can play but there has been no such law outside of the regulated sites but it is .com pool so the account should stay as before, just with a cut, after one cant use ones software anymore.

Will Hill, Party and PKR have quit Portugese market.

Stars and Tilt have also stopped taking sign ups from Portugal for now but vow to return once they can get a licence.

http://calvinayre.com/2015/07/02/bus...medium=twitter

can anybody explain in cliffs what is going on in portugal legislation?
do i have to take any steps asap?

See this thread:

Portugal’s New Online Gambling Regulations: What Poker Players Need to Know

we should do a mass email campaign. some of the stuff like banning heads-up is ridiculous
especially since hyper turbos are one of the best grossing rake games

apparently it worked to avoid segregation last time

is anyone up for organizing it asap?

What you mean? Just send the email and contact all the players who you know and who could be interested, we got no time left to organize anything.

Pokerstars is going down in Portugal until October when licenses start being issued by the gov.

Now every day you will see another room leaving our country and this is getting really f*** up since is just starting summer and we all gonna lose tons of games because of this...

But on the bright side players won't be taxed, we will see VIP cuts instead,

what about the ban of headsup, spins etc, any updates?

no updates on that, we will know it all untill the end of August.

some of it is already known (prices of taxes and licenses, for example...).