Friday, 21 November 2008
Peter Eastgate might have won $9.1 million but he might only be clearing $2.5m of that after it was revealed the Danish tax system with relieve the champion of around $6.5m.
You'd think winning the World Series of Poker Main Event would be the stuff of dreams. The bracelet, the magazine covers and all of that lovely money. Wrong, amigo. As Peter Eastgate is finding out now, not all of that money finds its way into your bank account, with the Dane potentially losing $6.6m to the Danish taxman. That's gotta hurt.What makes it worse for Eastgate is the fact that Ivan Demidov will be clearing twice as much to his account despite coming second to the young Dane. The Russian government takes a flat 15% of any winnings, meaning Demidov will get to buy around $5.8 million worth of vodka, if he so desired.Even the man who came third will take home more money. Dennis Phillips cashed in third for $4.5 million, with 35% going in federal taxes to the US, leaving him with around $2.9 million.Eastgate had moved from Denmark to London in a bid to pick up the English tax benefits, although it is being claimed he will struggle to have that move succeed in light of his win in Las Vegas.
The sixth annual edition of Grosvenor Casinos’ Goliath tournament series may have begun last week but players are being advised that there is still time to qualify for seats into its prestigious £120 buy-in main event.
Land-based and online gaming products innovator Scientific Games Corporation is set to run its second annual Shuffle Master Classic event next month offering one lucky poker player the chance to walk away with $100,000 in cash.
Land-based casino operator Estoril Sol has been awarded the first online gaming license for Portugal and has teamed up with platform provider Gaming1 to launch the new EstorilSolCasinos.pt domain.
With 5,000 expected entries, £250,000 guaranteed in prizes and only £120 to play, its no wonder Coventry is the place to be between July 30 and August 7.
Second Punta Cana report goes live.
Punta Cana Poker Classic 2016.
Intertops Poker and Juicy Stakes four.
Vamshi Vandanapu wins in Coventry.
Poker’s unassuming killer steps back into the limelight.
Meet one of UK poker's rising stars.
We talk to WSOP bracelet winner.
By Paul Oresteen.
Just keep smiling...
By Adam Slutsky
Pushing the envelope for a new poker generation.
Jeff KImber on fish.
So says Dara O'Kearney.
Dara O'Kearney looks at game thoery.
Dara O'K on bounty tournaments.
Rob Yong calls for competition.
A critical eye on the poker world.
Nick Wealthall on unconscious decision making.
Structure changes don't suit recreationals.
Features | Strategy | Interviews | Reviews | News | Profiles | Pages | British Poker Awards
© 2015 BluffEurope.com