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California Online Poker Hearing April 27
Tuesday, April 19, 2016 : CALIFORNIA ASSEMBLY HEARING ON ONLINE POKER NEXT WEEK
Adam Gray's 2016 legalisation bill to be further debated.
Hopes for a regulated and licensed online poker industry in California have surged again on the news that Assemblyman Adam Gray's legalisation bill will be debated before the state Assembly Committee on Governmental Organization next Wednesday (27 April).
Gray, as chair of the Committee, has shown remarkable tenacity and patience in trying to obtain agreement on the issue from a diverse range of interested parties who have failed to agree in almost a decade of failed prior attempts.
Gray's attempt last year ran out of time after managing (for the first time ever) to clear committee stage in the Assembly, obliging him to re-introduce the measure earlier this year
The main obstacles appear to remain opposition by the tribes to the involvement of the equally interested racing industry, and the threat tribes perceive from Pokerstars, which has allied itself with several tribes and major state card rooms.
Gray is proposing a solution to the former in the shape of a subsidy to the racing industry of up to $60 million in return for their cooperation, but the 'bad actor' objections against Pokerstars will be a more difficult to solve, especially following the 'insider trading' accusations which have surfaced in official charges against David Baazov, suspended CEO of Pokerstars parent Amaya.
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Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
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