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California Online Poker Debate on Monday August 22,2016

CALIFORNIA ONLINE POKER LEGALISATION FOR DEBATE NEXT MONDAY? (Update)
 
Tax and bad actor changes reported as interested parties try for a compromise.
 
Latest reports in the LA Times on the controversial issue of legalised online poker in California are that the latest amendments to tax and bad actor provisions may have achieved a sufficient consensus to merit sending bill AB 2863 to the Assembly floor for voting - perhaps next Monday.
 
The tax amendment reportedly changes the proposed tax rate for operators from the current sliding scale of 8.64 percent to 15 percent based on the annual gross gaming revenue to a flat rate of 10 percent, whilst the controversial bad actor provisions are that companies (read Pokerstars) that accepted US action after the UIGEA are disqualified from obtaining Californian licensing for five years.
 
The latter represents a more lenient approach than that proposed by some tribes of a 10 year disqualification.
 
Trent Hager, the chief of staff for Assemblyman Adam Gray, the author of AB 2863, told the LA Times Wednesday:
 
“This deal should secure a two-thirds vote in the Assembly.”  He added that there are indications that the bill should be "fairly well" received in the state Senate.
 
The publication Online Poker Report also reported on the changes, observing that Pokerstars and its cardroom and tribal alliance are still opposed to the five year disqualification, which remains a serious bone of contention.
 
Tribes which have agreed on the five year ban admitted that it would be difficult to get the bill through in the face of such powerful opposition.
 
However, sources close to the ten tribes that support the disqualification period insisted that the five year ban represents a reasonable compromise that could get the bill through the Assembly, pointing out that it is no harsher than the hiatus imposed on Pokerstars by the Nevada regulator.
 
The tribal groups appear to be hoping for a split in the Pokerstars camp, urging the tribal elements therein to agree the bad actor provisions.
 
“If San Manuel and Morongo (tribes) are genuinely concerned with protecting consumers, they would support this tenuous compromise,” an unnamed tribal official told OPR.
 
However, Pokerstars is likely to again argue that it has not been convicted of any wrongdoing following its massive $731 million settlement with the US Department of Justice concerning its post-UIGEA activities.



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MPN Poker Tour Malta Day 1A - The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.

€8 million mobile jackpot win on Mega Moolah - Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.

NHL Odds: Young Oilers Face Veteran Ducks in Round Two - Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.

BitStarz Casino pays out nearly $100,000 over 2 days - They say lightning doesn’t strike in the same place twice, but it did at BitStarz as yet another player lands a massive payout on an Amatic slot!

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New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

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