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California Poker Legalisation Drive Continues
Thursday May 16,2013 : CALIFORNIA ONLINE POKER LEGALISATION DRIVE BY TRIBES CONTINUES (Update)
Draft currently being circulated among interested parties
A third major online poker legalisation initiative driven by Californian tribal interests has reached final drafting stage and is being circulated among interested parties in the west coast state, according to several media and blog reports.
Rumours of a new tribal initiative, which will be competing with renewed proposals in the California Legislature from Senators Wright and Correa, surfaced earlier this year amid reports that it will introduce clauses not found in the current attempts waiting to progress through the state Legislature.
Among the principal points in the draft are:
* Licensing will be restricted to current California tribal gambling establishment and commercial cardroom operators in a clearly protectionist move.
* In what is sure to generate opposition, provisions that exclude horse racing track and advanced deposit wagering operators (these are included in the Wright proposal).
* Licensing fees of $5 million - $25 million lower than those proposed by Sen. Wright.
* Licence duration of 10 years - twice that of the Wright proposal.
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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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