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Will Legal California Poker Protect Customers
Friday, August 26, 2016 : CALIFORNIA ASSEMBLYMAN SAYS LEGALIZED POKER WILL PROTECT CONSUMERS (Update)
Irate Adam Gray responds to newspaper criticism of AB 2863.
Earlier this week the Sacramento Bee newspaper published a largely negative op-ed piece on internet poker legalization titled “Gray’s internet poker bill is a losing hand,” prompting a clearly irritable riposte from California Assemblyman Adam Gray, who has - so far unsuccessfully - invested a significant amount of time in trying to create a consensus among the diverse parties interested in the project.
Defending his bill AB2863, Gray suggested that the op-ed had missed the point, observing that millions of Californians are engaging in gambling in various legal and illegal forms, noting that California is the high-tech centre of the world, and pointing out that the states antiquated gambling laws "hardly even recognize the invention of the Internet."
Gray continued: "We can continue to endure the status quo, where Internet gambling goes unregulated, untaxed and where no consumer protections exist, or we can try to bring some sense of order to the entire gambling industry in the state.
"If The Bee deems the current situation to be in the public’s interest, then say so. If The Bee believes gambling should be outlawed, then say that and editorialize for state and local law enforcement to be given the resources to stop it.
"But stop having it both ways. It makes you sound like the politicians who promise to cut taxes but expand programs at the same time.
"The voters, and your readers, are not that naïve."
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Macau ATM Transaction Limit Lowered -
The Monetary Authority of Macau moved quickly Friday to quell market concern caused by a newspaper report late Thursday that it was about to slash ATM limits in half .
Vegas Mobile Casino Gets Live Dealer Games -
Vegas Mobile Casino has partnered with Swedish online gambling game developer NetEnt, which has supplied a new live dealer offering that includes desktop Blackjack and desktop and mobile Roulette.
Cosmic Crystals SLot Launches -
1X2 Gaming's latest online slot titled Cosmic Crystals is a 5 reel, 50 pay-line game with a futuristic outer space feel, gems galore, and features that include a sticky Wild reel, re-triggering Free Spins, Scatters and a claimed 95 percent RTP.
Australian Open To Dunp Gambling Ads -
Court-side advertisements, which have been criticized as promoting gambling and thereby contributing indirectly to the specter of match-fixing, are to be discontinued in 2017 from the Australian Open tennis championships, Tennis Australia has confirmed.
BaFin CrackDown on Spread Betting -
The UK Financial Conduct Authority's crackdown on financial and stocks spread betting via contracts for difference has been followed by similar moves in Germany, where the financial regulator BaFin announced similar new restrictions Thursday.
How is the CDC Group Spending its Money -
Questions are being asked about how the UK government's private equity arm, the CDC Group plc (formerly the Commonwealth Development Corporation) spends the billions it is allocated to alleviate international poverty, The Guardian newspaper reported Friday.
Voodoo Slot Released -
The Prague-based online gambling games developer Endorphina is going against the trend of Christmassy-themed offerings at this time of the year, instead going for the popular horror genre in its new slot Voodoo, released to operators today (Friday).
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