- Real Casinos News Archive> Pokerstars
launches www.pokerstars.eu under newly acquired malta gaming license
DOUGLAS, ISLE OF MAN – PokerStars today launched www.pokerstars.eu
under the group’s new license granted by the Malta Lotteries
and Gaming Commission. The site, which will initially be accessible
to players in Sweden and Finland, provides players with the full PokerStars
product but with all the benefits of a European Union-issued license.
The site will open to certain other European markets in the near future.
Players on www.pokerstars.eu will enjoy the same industry-leading
software as www.pokerstars.com and will continue to have access
to the same games and tournaments while competing against the same
“Some markets treat European Union-licensed operators differently
than other license-holders. Offering our online poker on www.pokerstars.eu
with a Maltese license provides benefits to players in Sweden and
Finland in particular and we are always striving to offer the best
product possible to our players, wherever they are located,”
said Guy Templer, PokerStars’ Head of Business Development.
Amongst other things the move will address the current uncertainty
regarding taxation of player winnings since online gaming winnings
of residents in both Sweden and Finland are clearly tax-free when
the game is offered from within EU under a license issued by an
EU Member State.
PokerStars has established an office in Malta which will manage
PokerStars.eu. The majority of PokerStars players will continue
to play on www.pokerstars.com, a site that continues to operate
under our global license in the Isle of Man.
PokerStars players in Sweden and Finland can easily update their
existing PokerStars software and re-register their accounts to www.pokerstars.eu.
All balances on existing accounts including cash, FPPs, VPPs and
VIP status will be automatically moved over and will be immediately
available after the move is completed.
The Malta Lotteries and Gaming Commission granted PokerStars a
license following the commission’s rigorous review process.
PokerStars was recently among the first to be awarded a license
in Denmark, which introduced regulation this year. PokerStars is
also licensed by the governments of France, Italy, Belgium, Estonia
and the Isle of Man.