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IGN Publishes Details Of California Poker Proposal
With the Californian push for the regulation, licensing and taxing of intrastate online poker gaining momentum, the details of an initial proposal to the California Legislative Analyst were outlined by IGN this week.
The California Online Poker Law Enforcement Compliance and Consumer Protection Act still has a way to go in the state legislative process, but constitutes an important initiative in US online gambling that is being watched closely by operators, players and observers alike.
IGN's report advises that the California State Gambling Commission, in conjunction with the state Department of Justice, is tasked with drafting appropriate regulations for the implementation of an online intrastate poker network.
IGN notes that key points in the proposal are that any legislation:
* Ensures that Internet poker is only offered for play in a manner that is lawful under the Unlawful Internet Gambling Enforcement Act 2006.
* Limits licenses to current gaming establishments, licensed by California, as well as to California tribes with compacts
* Mandates wagering hub/s are to be located within the state
* Specifies only poker games already approved for play at land-based, licensed gambling establishments may be offered online
* Recommends a gross receipts tax structure that mirrors the structure currently imposed on land-based card rooms in California
* Requires each Internet Web site to have an individual, when opening an account, place a limitation on the amount of funds that may be transferred into that account within a 24-hour period
* Requires that each Internet Web site provide for withdrawals from the wagering account only by check, made payable to the account holder and sent to the address of the accountholder, or by an electronic transfer to the same financial account from which the verified accountholder is authorized make deposits into a wagering account.
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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