Poker Financial News

01.08 / 17:09
UPS Target SEC Inside poker Pilots Paramours, Pilots and a Poker Pal: Longtime Tottenham Owner Allegedly Shared Ins
The globe-trotting billionaire Joe Lewis , longtime owner of the London soccer club Tottenham Hotspur, spent the evening of July 25, 2019, with a woman who was then his girlfriend, dining on room service at the Four Seasons hotel in Seoul. U.S. prosecutors say he also fed her confidential information about coming disclosures by a life-sciences company that she used to make stock trades that ultimately netted her hundreds of thousands of dollars.
21.07 / 19:07
UPS Citizens Platform electronic poker Top investors ask PM Modi to review online gaming tax
NEW DELHI : A group of 30 Indian and foreign investors, including marquee names such as Indian venture capital firms Kalaari Capital, Peak XV Partners (formerly Sequoia India and South-East Asia) and Lumikai, and US firms Tiger Global Management and Tribe Capital, on Friday wrote to Prime Minister Narendra Modi, seeking a meeting to elucidate the impact of the Goods and Services Tax (GST) Council’s recommendation to tax the online gaming sector at 28% of the gross revenue earned by companies in this sector. The letter claimed that the new recommended tax for the sector could lead to an increase of up to 1,100%, based on the present interpretation of the GST Council’s recommendation to tax real-money online gaming companies at 28% of the “full face value" of their earnings.

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