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California Online Poker Bill Launched
5/31/10 - Senator Rod Wright's recent promises to introduce a Californian bill legalising and regulating online poker were met this week when he launched an amended version of bill SB 1485 late on Friday.
Wright leads a California Senate Committee responsible for gambling matters, and the bill seeks to introduce an intrastate solution to the problems of what to do about online poker...and how to generate tax revenues in the process.
SB 1485 proposes that the California Department of Justice award up to three five-year contracts to California-based operators to run online poker websites for state residents. Observers note that the bill has marked differences from earlier proposals put together by commercial card rooms and the Morongo tribal band which sought to secure exclusivity through a single California poker site run by a partnership of tribes and card rooms.
Senator Wright has flagged the bill as urgent, enabling its immediate implementation if successful in the legislature and on the Governor's imprimatur.
Observers note that with a budget deficit now nearing $19 billion, there is a powerful incentive for legislators to vote the bill in.
The Wright bill is the latest of several unsuccessful attempts in California to legalise online poker, and joins similar initiatives in the states of Florida and New Jersey, which are also debating legalised intrastate internet gambling.
The UIGEA, which comes into effect Tuesday this week, recognises the authority of individual states to decide on how intrastate gambling is to be handled, and what is and is not illegal. The implementation of the UIGEA federal legislation should therefore not complicate the passage of the bill, although it will probably make the work of the banking system, which is required to enforce the federal act, more difficult in regards to blocking 'illegal' transactions should SB 1485 succeed.
By a quirk of coincidence, SB 1485 will appear before California legislators on Tuesday 1 June 2010 - the same day on which the UIGEA regulations take effect.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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