Title: A Level Economics, Isolationism, Online Poker and you Post by: TightEnd on June 28, 2010, 11:02:47 AM I quote:
Pokerstars and Party Poker are going to bow to France's isolationist (and I feel possibly against EU rules) decision to allow only French online poker players to play against other French players. Ostensibly this is so that the planned 2% tax on each pot (so I read) will be easier to administer. Not because the French know that they are some of the worst poker players in the world. It's all bad news, simply because, from an administrative point of view, it makes sense for countries to do this. And in the US it makes sense for individual states to do it. The horrible possible conclusion will be all online poker players restricted to their own country and/or state. These things happen -- if a revenue opportunity appears, governments will usually find a way to exploit it. The continental Europeans are far worse than the Anglo-Saxon governments when it comes to this, and it's hardly a surprise that the first two movers have been Italy and France. Spain and Germany surely can't be far behind. The online poker landscape will change dramatically if all of this follows through to its inevitable conclusion. Assuming that a revenue-maximization plan is in place (not the case in Italy, no surprise there) then France has got it about right. Invite the established offshore players to "go legal" and let them establish "segregated cells". But liquidity will be badly damaged. Even now I struggle to find enough games at my level, globally on any sites bar Pokerstars and Full Tilt. On the plus side, the biggest sufferers would be the 24-table grinders, and they may be forced to go elsewhere to find a living. If I had to go up a couple of levels and two- or three-table against a smaller but generally weaker player pool (the UK players are not strong at full ring cash, on average), then I could live with it. But for multi-table tournaments, the implications are horrific. If the UK brought in a 2% tax on every pot, either the poker sites would have to reduce their own take, or I'd probably have to look elsewhere. At an average of 80 hands won every day, of about $20 each, that would come to a personal tax of $32 a day, or, say, $10k a year, on an expected win of little more than $60 to $120. That would be a big hit. Thoughts please. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: mondatoo on June 28, 2010, 11:07:31 AM Urgh!!!!!!!!!!!!!!
Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: boldie on June 28, 2010, 12:44:38 PM this is sooooo bad.
Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: GreekStein on June 28, 2010, 12:45:50 PM Literally the two best nations to play against.
They are so terra, I love them. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: Longy on June 28, 2010, 12:46:55 PM Not good, not good at all.
Even worse that the French and Italians are the 1st to do it, possibly the 2 worst poker playing nations in the world. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: kinboshi on June 28, 2010, 12:49:18 PM Not good, not good at all. Even worse that the French and Italians are the 1st to do it, possibly the 2 worst poker playing nations in the world. ...and alongside England, pretty poor at footy too. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: DaveShoelace on June 28, 2010, 12:53:30 PM Who wrote this piece originally Rich?
Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: TightEnd on June 28, 2010, 12:54:43 PM Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: hector62 on June 28, 2010, 12:59:17 PM I thought the article was from pbirks blog " everything has a limit".
Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: DaveShoelace on June 28, 2010, 01:02:33 PM I was thinking about this whole ringfencing each nation issue and the different levels of tax each country would pay. I think it would make more sense for the poker room to take whatever the biggest single tax % is from each player, so if say Norway takes 7% everyone gets 7% taken, but then each week/month or whatever anyone not in that tax bracket gets it back as a form of rakeback. By no means ideal (Some rakeback pros would love it probably) but at least it would keep everyone at the same tables.
Obv some Scandinavian country would end up expecting 88% tax and bugger up that idea though Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: doubleup on June 28, 2010, 01:08:03 PM the planned 2% tax on each pot This tax applies to all pots - even if there is no flop, so a tight game (I know we are talking about the French) would be impossible to beat. I am disgusted that Stars isn't fighting this. Under the guise of "regulation" the French government is simply stealing money from poker players. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: Dewi_cool on June 28, 2010, 01:16:08 PM mass suicides in France then?
Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: boldie on June 28, 2010, 02:01:54 PM the planned 2% tax on each pot This tax applies to all pots - even if there is no flop, so a tight game (I know we are talking about the French) would be impossible to beat. I am disgusted that Stars isn't fighting this. Under the guise of "regulation" the French government is simply stealing money from poker players. Especially since they still take American players. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: gatso on June 28, 2010, 02:49:30 PM But for multi-table tournaments, the implications are horrific. I don't get this bit. surely it would be a piece of piss for sites to run mtts as normal and apply state/country specific tax to the winnings wouldn't it? or is the problem with writing off losses? Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: doubleup on June 28, 2010, 02:58:24 PM But for multi-table tournaments, the implications are horrific. I don't get this bit. surely it would be a piece of piss for sites to run mtts as normal and apply state/country specific tax to the winnings wouldn't it? or is the problem with writing off losses? I think the idea was to completely isolate the French to protect them from bots. The seriously ignorant ppl who debated this law postulated that if every player had a French address that would prevent bots. They appeared to think that bots roamed the interweb as independent beings. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: boldie on June 29, 2010, 10:57:17 AM But for multi-table tournaments, the implications are horrific. I don't get this bit. surely it would be a piece of piss for sites to run mtts as normal and apply state/country specific tax to the winnings wouldn't it? or is the problem with writing off losses? I think the idea was to completely isolate the French to protect them from bots. The seriously ignorant ppl who debated this law postulated that if every player had a French address that would prevent bots. They appeared to think that bots roamed the interweb as independent beings. Like the sentinels? Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: doubleup on July 04, 2010, 07:21:16 PM http://forumserver.twoplustwo.com/29/news-views-gossip/pokerstars-fr-strike-821669/ Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: thetank on July 04, 2010, 07:40:50 PM If I was a single man I'd be moving to France.
Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: Murph1984 on July 04, 2010, 07:46:26 PM The French love a good old strike!
This is epic. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: Div on July 04, 2010, 08:11:31 PM I thought the article was from pbirks blog " everything has a limit". It is Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: Moskvich on July 04, 2010, 08:15:42 PM Can anyone point me in the direction of an article/thread that tells me precisely whats actually happened in France, since when, details of rake increases etc? Thanks in advance.
Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: Moskvich on July 04, 2010, 08:20:38 PM Actually don't worry, seem to have found some stuff.
What are other sites doing though? Are ipoker/IPN etc going to cut out the French and just leave them to go to pokerstars.fr ? Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: byronkincaid on July 04, 2010, 08:38:38 PM If I was a single man I'd be moving to France. anyone with an EU bank account can play there Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: The Camel on July 04, 2010, 08:44:03 PM Fantastic article.
Certainly smacks of protectionism which surely is against EU laws. Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: thetank on July 04, 2010, 09:29:32 PM If I was a single man I'd be moving to France. anyone with an EU bank account can play there sod the poker, I'd go for the food and the weather :) Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: h on July 04, 2010, 10:19:11 PM If I was a single man I'd be moving to France. anyone with an EU bank account can play there sod the poker, I'd go for the food and the weather :) french bank account with brit line IMO Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: MC on July 06, 2010, 01:01:41 AM I guess I should start looking for a real job :(
Title: Re: A Level Economics, Isolationism, Online Poker and you Post by: DMorgan on July 06, 2010, 04:03:10 AM There are still french players on PKR as of a few hours ago but they've been banned from ipoker :(
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