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California Sports Betting Bill SB190 To be heard

Sunday April 7, 2013 : CALIFORNIA BILL ON SPORTSBETTING TO BE HEARD SOON
 
But SB190 could come into conflict with the PASPA
 
California Senator Rod Wright's SB190 attempt to introduce sports betting controlled by existing licensed gambling entities in the state is scheduled for a hearing by the California state Senate Governmental Organisation Committee on April 23.
 
The latest version of the bill can be viewed here:
 
http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB190
 
SB190 authorises the owner or operator of a gambling establishment, or the owner or operator of a horse racing track, including a horse racing association, with a current license, to conduct wagering on professional sports and collegiate sports or athletic events, other than on collegiate sports or athletic events that take place in California or in which any California college team participates.
 
It makes provision for applications to conduct sports betting to be made through the California Gambling Control Commission or the California Horse Racing Board, on payment of an annual fee for deposit in the Gambling Addiction Program Fund.
 
The bill would require each licensed entity to remit to the Treasurer on a monthly basis for deposit in the state’s General Fund, an amount equal to 7.5 percent of its gross revenues generated by sports wagering activities.
 
The proposal tasks the commission, the board, and the department to adopt regulations to implement its provisions, including authority to adopt regulations establishing fees in a reasonable amount to recover costs incurred performing their duties pursuant to these provisions.
 
There are protective clauses to guard against underage and problem gambling, and recognition of tribal rights to participate "...consistent with the requirements of the federal Indian Gaming Regulatory Act of 1988.”
 
The bill does however raise once again the prospect of a US state coming into conflict with a federal law.
 
New Jersey is already in the throes of a legal contest against the federal government and the national sports leagues over its decision to legalise sports betting despite the federal Professional and Amateur Sports Protection Act, which restricts sports betting to just four US states



Gambling News :

NBA Odds: Warriors Big Favorites to Beat Cleveland - The Warriors didn’t take last year’s NBA Finals collapse lying down. They added Kevin Durant to the starting rotation; Durant is +220 to win this year’s Finals MVP award, while Cleveland superstar LeBron James is all by himself – also at +220. Kyrie Irving is the next closest Cavalier at +1000.

$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

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