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Community & StoriesMay 8, 2021·1 min read
Poker Player Guy Smith Sentenced to 14 Months for Tax Evasion
Guy Smith from Connecticut won over $240,000 in live poker. However, the U.S. Department of Justice claims Smith earned over $1,000,000 from poker. Smith was also accused of hiding income from his company Centerline Interiors. The IRS warned Smith to declare poker and sports betting winnings.
Smith used funds from Centerline Interiors to participate in poker games and illegal sports betting. Smith faced up to 30 months in prison but accepted a plea deal for 14 months. Smith was found guilty of evading taxes on $2,000,000 in winnings from poker and sports betting. Smith must pay $821,451 in unpaid taxes.
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Argus RivenI've spent years at the tables — cash and tournaments — and just as long shaping poker copy behind the scenes: room reviews, bonus fine print, tournament notes. At PokerInsider I write the way I wish more sites would: clear structure, honest trade-offs, no hype. Whether you're new or already grinding, I care about what the offer actually costs you — rake, variance, and the fine print — and I treat responsible play as part of the job, not a footnote.
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