Enrico Camosci is a prominent figure in the world of professional poker, with over $974,675 in WSOP earnings under his belt. However, the 31-year-old Italian poker pro has found himself in hot water with the Italian authorities. a self-employed individual
Camosci is accused of failing to declare over €1.5 million in poker winnings, which is considered income outside of the European Union. This is a problem because income obtained outside the EU is not subject to withholding tax, which means that Camosci is required to report this income. According to Start Magazine, the Italian authorities claim that Camosci’s tax residency in Bologna is being questioned, given his claims of living in Malta. The authorities claim that since Camosci’s tax residency in Bologna is being contested, all disputes would fall before any tax commission. Unclaimed Income
Start Magazine notes that the omitted income amounts to €1.5 million, which is derived from Camosci’s professional poker earnings. This amount is considered unclaimed income because it is not subject to withholding tax. As Start Magazine states, “income obtained outside the EU must be declared since it is not subject to withholding tax.”
| Country | Poker Winnings | Tax Implications |
|---|---|---|
| EU | €1.5 million | Withholding tax applies |
| Non-EU | €1.5 million | Withholding tax does not apply |
| Non-EU | €1.5 million | Must be declared |
According to Assopoker, Camosci failed to disclose live and online poker winnings by the Bologna Metropolitan Operations Unit of the Fiamme Gialle, which is the sports department of Italy’s financial police force, Guardia di Finanza. This is considered an omission of a significant nature.
Despite his impressive poker resume, Camosci has been involved in a tax audit and is facing allegations of tax evasion.
Camosci has previously stated that he plays on GGPoker in Malta due to market restrictions in Italy. However, this has raised suspicions among the authorities.
“In tax matters, in fact, the burden of proof falls on the player,” Assopoker stated. “In the event that the Italian poker player were able to demonstrate his foreign residence, all disputes would fall before any tax commission.”
Camosci has referred to his lawyers in response to the allegations, and has not immediately commented on the matter.
Camosci’s social media presence suggests that he is still active in the poker community, as evidenced by his last Instagram post five weeks ago.
Who is Enrico Camosci?
Camosci is a 31-year-old Italian poker pro who has achieved significant success in the game.
- He has $974,675 in WSOP earnings across 25 cashes.
- He won his first and only WSOP bracelet in 2020 for $327,319.
- He came close to surpassing that score in 2023 with a seventh-place finish in the WSOP Online International $10,300 GGMillion$ for $323,515.
- He has also had success on the PokerStars European Poker Tour (EPT).
Camosci’s most notable victory was in 2024, when he defeated Steve O’Dwyer heads-up to win a 25,000 High Roller at EPT Paris for $488,117.
Living Abroad and Tax Implications
Camosci has explained that he plays on GGPoker in Malta due to market restrictions in Italy.
However, this has raised suspicions among the authorities.
“I moved away from my country due to market restrictions as I wanted to compete with a wider field on international sites,” Camosci told PokerNews after his bracelet victory.
He stated that he has spent almost three years in Malta and is now living in Playa del Carmen, Mexico. Camosci claimed that he is a vampire, referring to the difficulty of maintaining a good biorhythm in Europe, due to the timing of online poker tournaments.
Camosci further explained that keeping a good biorhythm is difficult for poker players, particularly those playing MTTs (Multi-Table Tournaments), who typically play in the evening hours.
As for his tax residency, Camosci claims to be living in Malta, which could impact the investigation.
The Controversy Surrounds Camosci’s Tax Residency
The Italian authorities have questioned Camosci’s tax residency in Bologna between 2019 and 2023.
- Camosci claims that he was living in Malta, which could impact his tax residency in Bologna.
- The burden of proof falls on the player in tax matters, as stated by Assopoker.
“In tax matters, in fact, the burden of proof falls on the player. In the event that the Italian poker player were able to demonstrate his foreign residence, all disputes would fall before any tax commission,” Assopoker stated.
Camosci’s social media activity suggests that he is still active in the poker community.
Consequences and Implications
Camosci is accused of failing to declare live and online poker winnings by the Bologna Metropolitan Operations Unit of the Fiamme Gialle, which is the sports department of Italy’s financial police force, Guardia di Finanza.
This is considered an omission of a significant nature, and Camosci could face severe consequences if found guilty.
“Poker players are like vampires as you may know and having a different time zone helped me out a lot,” Camosci stated.
However, this explanation is unlikely to alleviate the allegations against Camosci.
It remains to be seen how the Italian authorities will proceed with their investigation into Camosci’s tax evasion allegations.
Camosci’s Response
Camosci has referred to his lawyers in response to the allegations.
Camosci did not immediately respond to a request for comment from PokerNews.
However, he is still active in the poker community, as evident from his last Instagram post five weeks ago.
Conclusion
Enrico Camosci’s involvement in a tax evasion scandal is a significant blow to his poker career.
While his accomplishments in the game are undeniable, the allegations against him raise serious questions about his integrity.
As the investigation continues, it is essential to follow developments in this story and provide updates on Camosci’s status.