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California Wants Online Sports Betting
04/25/2012 : ANOTHER U.S. STATE WANTS IN ON SPORTS BETTING
California bill progresses in the state Legislature
New Jersey, with its challenge to the federal Professional Amateur Sports Protection Act, has tended to dominate the news on the expansion of sports betting in the United States beyond a few favoured states, but this week California hit the headlines with its own bid.
State Senator Rod Wright, who also has an online poker legalisation bill in the legislative works, has introduced bill SB1390, which seeks to legalise in-person Nevada-style sports betting at California’s racetracks, card clubs and Indian casinos, and therefore constitutes another challenge to PASPA.
Although still in the early stages of its path through the gauntlet of California lawmakers and interested parties, the bill progressed Tuesday when it was unanimously passed by the Senate Governmental Organization Committee, setting it up for a Senate vote and perhaps ultimately the approval of the state Legislature as a whole.
At that point California's governor will be faced with the same decision as his counterpart in New Jersey; are there any constitutional impediments to opening up sports betting in the state, and how to navigate around a federal act that limits sports betting to just three states?
Reporting on the bill, the LA Times noted that Sen. Wright is confident that the federal ban will eventually be lifted, although the timeframe was difficult to predict.
"Californians spend multiple billions of dollars going to places [jurisdictions] where this is legal," Wright told the members of the committee, which he chairs.
SB1390 seeks to permit sports betting at existing California horse-racing tracks, card clubs and Indian casinos; it is supported by the California Gaming Association.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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