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Poker : Californian state senator speaks out at GIGSE
5/15/10 - One of the speakers to stand out at the recently completed GIGSE conference in Montreal was the gregarious state senator from California, Roderick Wright, who is proving to be a strong proponent of legalised, intrastate poker.
The senator seized the opportunity to let the industry know that he is currently drafting state legislation seeking to legalise, regulate….and tax, Internet poker.
Senator Wright was unable to give specific dates, acknowledging that the discord among Indian tribal groups and state and federal compacts with the tribes were among the political hurdles that will have to be cleared once the bill is introduced.
However, the Senator felt that standing back and doing nothing was not an option.
"We need to create a platform from which the state creates a profit from an asset," he opined, adding that an asset that does not produce value is of little use, and that if state lawmakers do not exploit an asset like online poker, someone else might take it over.
Wright declared his intention of providing a legislative platform through which experienced and reputable internet poker operators can profit, and through them the state of California; a platform that will encourage California’s legions of online poker players who currently spend an estimated $4 billion a year of their money on offshore sites to instead place their action with solid Californian-regulated companies.
"If we try to just shut down offshore operators, we lose that fight," Wright opined, explaining that his proposal envisages the issue of online poker licenses to suitable companies who are acceptable to the state justice department.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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