Dara O’Kearney: Tapas and Taxes – A Trip Report From EPT Barcelona
· 2023-09-08

Dara O’Kearney: Tapas and Taxes – A Trip Report From EPT Barcelona

EPT Barcelona has become a highlight on many poker players’ calendars. [Image: Shutterstock.com]

Barcelona in August

One of my pet peeves is the high esteem in which tapas is apparently held by people who otherwise have excellent taste in food. To my mind, it’s little more than overpriced glamourised bar snacks; nibbles at best, leftovers at worst, masquerading as fine dining. This is an unpopular opinion I suffered in silence until someone tried to serve my French gourmand wife some tapas, and she voiced the exact same opinion in much stronger terms.

EPT Barcelona has grown into one of the standout events on the European live calendar

Despite my view of tapas (and I’m not a massive fan of paella either), I am a big fan of Barcelona as a place. After Las Vegas, it’s probably the place I have travelled to the most to play cards. Barca in August is generally an attractive proposition, and over the course of my career EPT Barcelona has grown into one of the standout events on the European live calendar.

This year, the run-up to the event was clouded somewhat by a word no poker player wants to hear, taxes. I won’t go into detail (since David Lappin and I already did in our latest Lock-In) but the summary is that the Spanish government issued a statement of intent to tax EU residents 19% on any winnings, and non-EU residents 24%. This undoubtedly caused a number of players to rethink their plans to attend this year, including myself and David. In the end, we decided to go for the first week (so-called cheap week centred around the Estrellas 1K Main Event) but to skip the second week (EPT) for the reasons we outlined in the Lock-In. More on taxes later.

My schedule

I played the opening 1k freezeout, the Seniors, the Estrellas Main (five bullets!) and the Cup. The schedule was very much centred around the Estrellas Main, with very little to play besides that and satellites in the week I was there. I understand the event is a victim of its own success with the ever-increasing numbers straining the venue and staff to capacity, but it would be nice to see at least one modest buy-in turbo or hyper on the schedule every day for grassroots players to be able to play.

Speaking of the staff, the Stars team is a well-oiled machine at this point. In the past, the sheer numbers have caused some logistical issues, and on this occasion, it appears the local internet wasn’t able to handle the pace of bustouts on Day 2 of the Estrellas Main Event. In a knock-on effect of both the numbers and the delays, many players were locked out of the Cup, some of whom had travelled from abroad especially to attend.

the top-notch live events team under Toby Stone rose to the occasion

There will always be problems like this outside the control of the team: what matters is how the team responds to them. In this case, the top-notch live events team under Toby Stone rose to the occasion and handled it as best they could in difficult circumstances dealing with hundreds of frustrated customers. It’s difficult to see what could be done to prevent these issues, although some strain might be relieved if the Spanish stick to their guns and follow through on their declaration of intent to tax winnings at the event.

Events like this also serve as a social occasion, and the Stars live events team pulled out all the stops to put on a good programme of fun events for players away from the tables. I particularly enjoyed catching up with friends old and new, some of whom like Jennifer Shahade and Dean Clay I hadn’t seen in ages, and some of whom like Tobias Leknes and Georgina James (GJReggie) I was meeting for the first time.

Back to taxes

It remains to be seen if the Spanish will stick to their guns and follow through on their idea to tax winnings. If they do it will almost certainly affect numbers going forward, but it might not necessarily kill the event entirely as some fear.

Most of the people who cash the WSOP every year end up having to pay taxes on their winnings, and yet the event goes from strength to strength. In fact, one American player I spoke to said:

19% is nothing, I’m used to paying much more than that back home!”

I solved any personal problems I might have on that front by simply bricking everything. If you’re going to brick a trip (and you will once in a while: this was my first such live trip in ages), it might as well be the one you get taxed on, a fact I joked about when I posted a video of me calculating my tax liability based on whether it was 19% or 24%:

Me trying to work out my tax liability on this trip given the uncertainty of whether the tax rate is 19% or 24% pic.twitter.com/glLI02iQ5A

— Dara O'Kearney (@daraokearney) August 26, 2023
熱門文章
菲律賓博彩技術賽道迎來新變局,B2B 供應模式加速滲透
東南亞資訊
超級PAC籌資4800萬美元:體育博彩勢力加碼
合規與政策
哈薩克計劃對線上賭場促銷活動進行處罰
合規與政策
巴西擬將博弈稅率提高至24% 稅收將用於社保與醫療領域
合規與政策
新澤西州7月博彩收入創6.06億美元新高,頒布禁令
合規與政策
印度最高法院受理公益訴訟,要求全國禁封「偽裝」成社交遊戲的賭博平台
合規與政策
西班牙監管機構警告在線賭博平臺存在身份盜竊行為
合規與政策
灰度在iGB L!VE 2026展位T70和你相約7月,一起點燃倫敦的熱情!
灰度頭條
印第安納州在線賭場法案在眾議院委員會停滯不前
合規與政策
英國確認各垂直行業的賭博稅稅率
合規與政策
橫跨全球6個城市,灰度8場派對邀你共看世界盃,重塑高質量社交新場景
灰度頭條
越南在線博彩業政策收緊 催生市場新機遇
東南亞資訊
JILI 宣佈與全球板球傳奇 AB de Villiers(ABD)達成重磅戰略合作
體育遊戲
越南博彩管控逐步放寬,惟本土需求仍顯乏力
東南亞資訊
斯里蘭卡博弈產業大轉型,官方:劍指南亞拉斯維加斯
合規與政策
首頁
遊戲
合作
發現
我的