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AB 2863, California Poker Bill advances

Thursday April 28,2016 :  CALIFORNIA ONLINE POKER LEGALISATION BILL ADVANCES (Update)
 
AB 2863 progresses through Assembly Governmental Organization Committee on an 18 vs.0 vote.
 
California Assemblyman Adam Gray's bill AB2863 proposing the intrastate legalisation of online poker survived Wednesday's two hour hearing by the Assembly Governmental Organization Committee and advanced on a vote of 18 vs. 0.
 
Its continued progress marked only the second time in a decade-long series of attempts to get a legalisation bill through a California Assembly committee (last year another attempt by Gray managed to get through committee before failing)
 
Gray's current bill removes the obstacle of horseracing companies competing in the online poker market by offering them a $60 million a year subsidy, but in recent weeks the spectre of the other major hurdle - a bad actor clause - has again emerged.
 
On Wednesday the horseracing industry supported Gray's bill as agreed in earlier negotiations. Assemblyman Gray said that the horseracing issue had been the principal obstacle to the bill.
 
However, the bill is still flexible and open in regard to fee and tax rates, which will be key in raising the annual horseracing subsidy.
 
The Assemblyman said that California was potentially the biggest online poker market in the United States, estimating that over a million California players use offshore sites to play, and that a home- grown legalisation solution would give them better protection.
 
The bad actor issue - which companies should be considered as acceptable partners with Californian land gambling firms based on past activity in the US - remains unresolved and will be the subject of further debate and negotiation as the AB 2863 moves along.
 
Gray acknowledged it was a difficult issue and revealed that he has been in regular meetings with tribal groups worried about Pokerstars involvement in an attempt to achieve a consensus.
 
He said that clearly the issue will have to be finalised before the bill can go to an Assembly vote, and that a level playing field for online poker remains a key objective.
 
The Pechanga tribe of Luiseño Indians, one of the strongest advocates for a stringent bad actor clause, reiterated its position at Wednesday’s hearing, with a spokesman  referencing the insider trading charges laid by Quebec financial regulators against Pokerstars' parent Amaya's CEO David Baazov.
 
Steve Stallings, chairman of the California Nations Indian Gaming Association, gave his support, but suggested that it was important that tribal groups intending to compete in the online poker market be given sufficient time to prepare against more established and experienced enterprises.
 
Gray said there was an air of optimism that after years of inability to reach agreement on licensed and regulated online poker, Californians were now "closer than ever" to an acceptable solution.

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Gambling News :

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

Time is Money Slot Launches - Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.

ArenaCube Signs 3 New Deals - Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.

First Woman to Win a WPT Playground Championship - Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.

NHL Odds: Oilers-Blackhawks at the United Cente - Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.

2017 Partypoker.net WPT Playground main event Results - Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.

IGT In Deal With Norsk Tipping - International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.

ZYNGA POKER ENJOYS IMPRESSIVE GROWTH IN 2016 - By re-focusing on the mobile environment and poker, social gaming giant generates revenue of $741 million - without offering real money games!

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