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California Online #Poker Bill Stalls Again

Thursday June 16,2016 :  DISAPPOINTMENT AS CALIFORNIA ONLINE POKER BILL STALLS AGAIN
 
Assembly Appropriations Committee fails to advance AB2863 due to unpublished amendments.
 
Uncertainty created by unpublished proposed amendments temporarily stalled Assemblyman Adam Gray’s AB 2863 intrastate online poker legalisation bill in the Assembly Appropriations Committee hearing Wednesday, dashing hopes of rapid progress to a floor vote for now at least.
 
On the bright side, it appears likely that the measure will be revisited within the next week or two after Assemblman Gray has had further discussions with interested parties.
 
There was nothing new in the positions taken by the parties for and against the bill, with the Pechanga - Agua Caliente et al coalition again insisting on a bad actor clause.
 
Committee chair Lorena Gonzalez suggested an amendment to resolve the argument, proposing that companies found to have been bad actors in the past be excluded from obtaining licensing in California until 2021, a proposal that will hardly suit Pokerstars but would certainly reduce competition for other interested parties.
 
However, money as usual could influence events; the Gonzalez proposal includes possible exceptions if a "bad actor" is prepared to cough up tens of millions of dollars in "owed taxes". The Pechanga coalition immediately signaled that they would oppose such a move, which doesnt auger well for the quick-fix.
 
Assemblywoman Gonzalez added further complications to AB2863 by recommending changes to the proposed tax and licence fee structure, which Gray has so painstakingly negotiated.
 
She wants half of the $12.5 million license fee credited against future tax, and ten percent of GGR allocated for the state before the ultra-sensitive annual racing subsidy is calculated. These amendments added to the uncertainty that eventually resulted in a vote being postponed.
 
The next gathering of the Assembly Appropriations Committee is due on June 22, with the possibility that this could be stretched out to June 29 as Gray attempts yet again to reconcile differing perspectives and goals among the varied interests.



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Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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