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Last Ditch Attempt For California Online Poker
Thursday August 9,2012 : DON'T COUNT CALIFORNIA ONLINE POKER OUT JUST YET (Update)
Tribal and card room alliance in last-minute attempt to keep legalisation alive
The rather pessimistic view expressed by politicians earlier this week that online poker legalisation in California is unlikely to be achieved in the current session has been followed by news that one tribal and card room alliance is making a last-minute attempt to reach a workable compromise.
Subject to specific changes, the California Online Poker Association (COPA) came out in support of Sen. Rod Wright's SB1463 Wednesday, suggesting that if racing interests are removed as potential operators there may still be room for agreement this year.
With only four weeks left in the current session, such a deal would indeed be cutting it fine, but the Wright bill (which has yet to make it through committee stage) is no stranger to amendments.
Previous changes made to the bill in order to appease opposing interests have included making its provisions exclusively focused on internet poker, and dropping a provision that would have required tribal operators to waive their traditional sovereign status.
With so many demands and counter demands so far defeating all attempts to reach a compromise among the diverse interested parties it seems unlikely that a solution will be achieved this year in California.
At stake, according to the California Online Poker Association, is the potential for creating 1,300 jobs and $1.4 billion over the next decade in fresh revenue for the cash-strapped state.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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