Could Cake Network soon be tax-free?

Analysis and articles | estimated reading time
2010. February 03. |
Cake Poker is said to be finally getting a license within the European Union.

Cake Poker logo

What does this mean to you?


This is good news for Europeans, because they will be able to compete against American players without being taxed.

 

This is only possible if players connect to an online poker room on the Cake Network that has an LGA license in Malta.

LGA logo


The Lotteries and Gaming Authority (LGA) is a public single regulatory body that is responsible for the governance of all forms of gaming in Malta.


Official announcements and completion of the licence should be put into stone within the next four weeks.


Other poker rooms that already have an LGA licence include Everest Poker, Unibet and Betsson.

 

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