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PL WSOP 2009, DTD 12th September - Sponsored by Paradise Poker- Added value announced

morlspin

By morlspin
in Poker

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PL WSOP 2009, DTD 12th September - Sponsored by Paradise Poker- Added value announced  

  1. 1.

    • Hell Yeah, wouldn't miss it for the world
      36
    • Will confirm later, but am interested
      24
    • Not Sure
      3
    • No, sorry, i cant make it
      6

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MrsAA_Hall

MrsAA_Hall

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Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09

Me and the Mrs will be there 4 sure wel done G nice 1 :clap:clap:clap:clap:clap:clap
Shall be there but i might not play - thats 2weeks from my due date and all that excitement might bring bub out early :rollin:rollin will just have to see!!
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AA_Hall

AA_Hall

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Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09 In the latest issue of Poker Player there is a article about DTD maybe closing (issue50 P26) i know there has been a few rumours about this for a while but seems like this actually could happen:cry:cry. If this is the case will our WSOP still go ahead:unsure at a different venue have we thought about this cause we are all starting to book hotel rooms flight trains etc and people MAY lose money in canceling them at short notice. Me the Mrs and Bags have booked our rooms at the Prem Inn as you can cancell upto 24hrs before. hopefully this doesnt happen :hopeand we are able to play this at DTD as it is by far the best Cardroom in the country and would be a real shame if it did close down.:notworthy

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teaulc

teaulc

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Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09 you are so far behind the times mate,DTD will not be closing. so dont worry your little head about it :ok

In the latest issue of Poker Player there is a article about DTD maybe closing (issue50 P26) i know there has been a few rumours about this for a while but seems like this actually could happen:cry:cry. If this is the case will our WSOP still go ahead:unsure at a different venue have we thought about this cause we are all starting to book hotel rooms flight trains etc and people MAY lose money in canceling them at short notice. Me the Mrs and Bags have booked our rooms at the Prem Inn as you can cancell upto 24hrs before. hopefully this doesnt happen :hopeand we are able to play this at DTD as it is by far the best Cardroom in the country and would be a real shame if it did close down.:notworthy
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AA_Hall

AA_Hall

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Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09

you are so far behind the times mate,DTD will not be closing. so dont worry your little head about it :ok
so far behind the times but its in the lastest mag thats just come out that he might sell or close:unsure:unsure:unsure:unsure:unsure:unsure:unsure:unsure:unsure Silly me;) and reckons in 09 he will lose £1mill
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teaulc

teaulc

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Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09

so far behind the times but its in the lastest mag thats just come out that he might sell or close:unsure:unsure:unsure:unsure:unsure:unsure:unsure:unsure:unsure Silly me;) and reckons in 09 he will lose £1mill
Dear DTD Employees and Members
  1. VAT - this is now based on our total gaming area, so our 46 poker tables are treated exactly the same as having 46 roulette tables – now that is a super casino! Therefore, VAT is not reclaimable on almost all of our running costs, including any capital expenditure spent on the building.
  2. Business Rates - these have literally gone through the roof and we are now paying the same rates as a 22,000sqft fully equipped casino. It has been indicated that this re-evaluation was prompted by another casino objecting to the level of rates that we were previously paying.
  3. Gaming Duty - the appropriately nicknamed "Poker Tax" is now payable on all tournament registration fees and cash game charges, unlike a full casino, poker is 90% of our income and this new tax is applied to all of our poker revenues - whether we make a profit or not.

Despite these setbacks, it will still be "business as usual" at DTD; however, Nick and I will be considering the options as we move ahead. We also intend to consult our members and employees for their views at a future date. Thankfully we are in a good financial position, whereby there is no pressure to make any hasty decisions, but the reality is that we must address these significantly increased costs. Furthermore, we must also factor in the probability of more tax increases in the future, as the authorities continue to target the UK casino sector. Cheers, Rob

Following on from some recent speculation, rumour and misquotes, I would like to make it absolutely crystal clear that there is no chance of us closing in the near future, or trading unlicensed to avoid paying higher taxes. In reality, closing the doors would probably never happen, as a number of companies have registered an interest to acquire us, should we ever feel that the "struggle" gets too much! When we chose to take the legal route by applying for a full casino license, we budgeted for all of the additional costs of operating legally, such as licensing fees, extra security measures and the employment of a dedicated compliance officer. Unfortunately, because we chose this path, we have recently become "caught in the crossfire" between the authorities and the casino industry. Consequently, we now face major tax increases in the form of;
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AA_Hall

AA_Hall

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Posted

Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09

Dear DTD Employees and Members Following on from some recent speculation, rumour and misquotes, I would like to make it absolutely crystal clear that there is no chance of us closing in the near future, or trading unlicensed to avoid paying higher taxes. In reality, closing the doors would probably never happen, as a number of companies have registered an interest to acquire us, should we ever feel that the "struggle" gets too much! When we chose to take the legal route by applying for a full casino license, we budgeted for all of the additional costs of operating legally, such as licensing fees, extra security measures and the employment of a dedicated compliance officer. Unfortunately, because we chose this path, we have recently become "caught in the crossfire" between the authorities and the casino industry. Consequently, we now face major tax increases in the form of;
  1. VAT - this is now based on our total gaming area, so our 46 poker tables are treated exactly the same as having 46 roulette tables – now that is a super casino! Therefore, VAT is not reclaimable on almost all of our running costs, including any capital expenditure spent on the building.
  2. Business Rates - these have literally gone through the roof and we are now paying the same rates as a 22,000sqft fully equipped casino. It has been indicated that this re-evaluation was prompted by another casino objecting to the level of rates that we were previously paying.
  3. Gaming Duty - the appropriately nicknamed "Poker Tax" is now payable on all tournament registration fees and cash game charges, unlike a full casino, poker is 90% of our income and this new tax is applied to all of our poker revenues - whether we make a profit or not.

Despite these setbacks, it will still be "business as usual" at DTD; however, Nick and I will be considering the options as we move ahead. We also intend to consult our members and employees for their views at a future date. Thankfully we are in a good financial position, whereby there is no pressure to make any hasty decisions, but the reality is that we must address these significantly increased costs. Furthermore, we must also factor in the probability of more tax increases in the future, as the authorities continue to target the UK casino sector. Cheers, Rob

So why the bloody hell do they publish a statment like that:spank wat a bunch of w******* Well this is good to hear :clap:clap:clap:clap Cheers Al for clearing that up :ok
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teaulc

teaulc

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Posted

Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09 you have to take into account that publishing any magazine is about 6 weeks behind. dont take it on the editors etc as they have a very hard job just trying to keep up with this fast ever changing world we live in :ok

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GaF

GaF

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Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09

so far behind the times but its in the lastest mag thats just come out that he might sell or close:unsure:unsure:unsure:unsure:unsure:unsure:unsure:unsure:unsure Silly me;) and reckons in 09 he will lose £1mill
Did you not see this thread? DTD could close soon????? The days of anything in print being the "latest news" are long gone - even your daily newspaper is well out of date by the time you read it (probably why they dont bother publishing "news" any more :tongue2)
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Guest

Guest

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Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09

Thanks alot guys for the transportation offers :ok I will make a more thorough cost calculation and get back to you
Whatever it costs is worth it mate .... hell of a weekend and you won't be short on lifts up to Nottingham me thinks. Yet to check with Fred (Warbirds) but I just got the ok from the missus to go again ..... even though only 3 days before her bday :ok Aint she sweet :cheers Ever seen the "PL Flintstones" use a dirve thru mcdonalds :loon Roll on september I say ;)
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teaulc

teaulc

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Re: Punterslounge WSOP2009, Dusk Till Dawn, 12th Sept 09

Have booked here Friday - Sunday :ok
i have booked here as well,and i would like to add the wife on the guest list please,she will be a non poker player,so please make her welcome as this will be her 1st trip out with me on a poker related do.:ok
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