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CALIFORNIA GOVERNOR PESSIMISTIC ON REVENUES FROM ONLINE POKER
01/08/2012 : Governor Brown sceptical that new tax revenues from legalised online poker could significantly address the state's $9 billion budget deficit
California Governor Jerry Brown played down the likely contribution of legalised online poker tax revenues to the state's depleted coffers this week, saying that such revenues might assist, but that they could not solve the state's $9 billion budget deficit problem.
Proponents of legalisation in California estimate that up to $1.4 billion in tax revenues could accrue to the state government over the next decade.
During his budget announcement Thursday, Governor Brown said he was not yet ready to declare his position on legalisation.
"But I would be skeptical that there’s huge amounts of revenue in that, although there certainly could be some," Brown said during a news conference.
Different groups are forming around competing bills seeking the legalise online gambling in the statewhich sponsors hope to push through this year after being thwarted by delays in 2011. The measures call for legalised intrastate online poker, but with different ideas on organisation and who is to benefit.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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