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Viktor Blom could be liable to $149 million tax bill

After revealing his true identity and therefore responsible for the online poker phenomenon “Isildur1”, Swedish poker professional Viktor Blom may have landed himself in very hot water with his native government.

Viktor Blom

Viktor Blom

Blom’s new sponsorship deal with arguably the largest online poker room included the now-implemented plan to reveal the “real” player behind the online phenomenon who played huge hands and won and lost huge amounts of money in online games on the highest stakes tables of the world’s second biggest online poker room.

Even though Blom has recently moved to the London, the Swedish government are reportedly investigating him, according to Scandinavian newspaper Dagens Industri. It has been reported that the Swedish authorities are planning to target on line gambling that are operated from outside the country – an integral part of their attempt to retain a monopolistic hold on the domestic earnings from games of chance as they do with the state-owned lottery Svenska Spel. The alleged investigation is reported to include the Ireland-based high-stakes poker room on which Blom gambled $4.5 billion  as the mind behind the “Isildur1”.

Swedish law subjects professional poker players from Sweden who play outside of the European Union to a 30% tax rate on every pot they win. If, according to the total figures quoted by the newspaper, Blom had played $4.5 billion-worth of hands as “Isildur1” and if proved, would be liable to owing his native government almost $150 million.

The $4.5-billion-worth of bets were placed and won or lost against onlien and live poker stars including Patrick Antonius, Tom Dwan, Phil Ivey, Phil Galfond and Brian Townsend amongst. The most famous moment of his short career passed in early December when he lost $4.2 million in approximately five hours against online poker instructor Brian Hastings that caused a major controversy in terms of colusion between a number of colleagues who had all played against Blom in a brief period.

In recent times, the Swedish poker players Martin de Knijff and Daniel Larsson have been struck with tax bills for $1,476,015 and $147,601, respectively.

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