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PowerFul Support For California Online Poker BIll

Saturday, April 23, 2016 :  CALIFORNIA HORSEMEN COME OUT IN FAVOUR OF ONLINE POKER LEGALISATION BILL (Update)
 
Powerful support for Assemblymen Gray's AB2863.
 
Nine organisations representing the California horse racing industry have signalled their support for Assemblyman Adam Gray's Assembly Bill 2863, which seeks to legalise intrastate online poker in California.
 
The state horse racing industry is apparently prepared to stay out of the intrastate online poker market if it is paid a subsidy of up to $60 million a year calculated on revenues, clearing away one of the major obstacles still remaining in the search for agreement on legalisation
 
The Thoroughbred Owners of California, Del Mar Thoroughbred Club, California Thoroughbred Breeders Association, Jockeys Guild, California Authority of Racing Fairs, CA Teamsters Public Affairs Council, California Throroughbred Trainers, Los Alamitos Racing Association, and SEIU California were co-signatories to a letter this week which indicated support with a few conditions.
 
These include:
 
* A condition hedging future possibilities in online gambling generally by adding provisions to the bill which stress that the agreement to stay out of the online poker market does not mean that horseracing organisations are precluded from taking part in any future general Internet gambling industry that may develop and is permitted by the state.
 
* A provision stressing that the agreement on online poker does not affect the horseracing industry's existing rights regarding online wagering on horse races.
 
* That tax rates and fees remain reasonable in order to encourage operators and ensure that the $60 billion a year subsidy agreement is achievable.
 
* That any racing organisation that ceases to offer live racing will no longer be eligible for the subsidy from online poker.

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Gambling News :

HeyPoker Closing - The operator is licensed by the UK Gambling Commission and the Malta Gaming Authority, with the registering company listed as Evoke Gaming Ltd.

Can Jack Lam Make Things Right in Philippines - Lam will no doubt seriously consider the offer, having lost access to his Philippines businesses and with charges of attempted bribery and "economic sabotage" and an arrest warrant hanging over his head .

PPA Wants pre-emptive strike against RAWA - It's not just civic associations that are warning against the introduction of a federal ban on online gambling in a denial of states' rights . The Poker Players Alliance action group has begun mustering its over a million US members in a campaign as well.

UK Wants Fixed Odds Betting Terminals Changes - The group, titled FOBT All-Party Parliamentary Group plans to release its full report early in the new year, but for now has claimed that changes to FOBT regulations could help in reducing "associated crime" and problem gambling.

Sportech Wins 8 Year Old VAT case - An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling.

2017 MPN Poker Tour - Main Event packages, worth 1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as 0.25. Each 1,500 package includes:

Realistic Games in deal with Kindred Group - The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.

Opposition to Anti Online Gambling Bill in Congress Lame Duck Session - Action groups appeal to House Appropriations Subcommittee to ensure that RAWA style language is not attached to unrelated spending bill.

DFS banning bill Introduced in Illinois - The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.

Cambodia To More Closely Control Online Gambling - Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.

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