#Professional poker
Poker content related to “Professional poker” · 3 items
News
Professional Poker Player Forced into Semi-Retirement Due to New Tax Law: Over $48 Million in Winnings Still Overwhelming
According to CNBC, a professional poker player with over $48 million in cumulative winnings has been forced into semi-retirement due to high tax burdens under the new US tax law, calling the current tax system 'unsustainable'. The new tax law treats poker income as ordinary income and requires players to pay taxes on accumulated winnings rather than annual income, leading to cash flow strain.
DMM POKER Launches New Professional Poker League 'LEGEND Season 0' to Be Broadcast on Official YouTube Channel
Japan's DMM Group poker platform DMM POKER announces the launch of a new professional poker league 'DMM POKER LEAGUE -LEGEND- Season 0', with event videos exclusively broadcast on the official YouTube channel. The league aims to promote poker competition and provide a high-level stage for professional players.