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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Assembly Appropriations Committee fails to advance AB2863 due to unpublished amendments.
 
Uncertainty created by unpublished proposed amendments temporarily stalled Assemblyman Adam Gray’s AB 2863 intrastate online poker legalisation bill in the Assembly Appropriations Committee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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Gambling News :

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

Time is Money Slot Launches - Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.

ArenaCube Signs 3 New Deals - Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.

First Woman to Win a WPT Playground Championship - Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.

NHL Odds: Oilers-Blackhawks at the United Cente - Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.

2017 Partypoker.net WPT Playground main event Results - Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.

IGT In Deal With Norsk Tipping - International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.

ZYNGA POKER ENJOYS IMPRESSIVE GROWTH IN 2016 - By re-focusing on the mobile environment and poker, social gaming giant generates revenue of $741 million - without offering real money games!

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