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ONLINE POKER LEGALISATION BILL DUE SOON IN CALIFORNIA
Wednesday February 12,2014 : ONLINE POKER LEGALISATION BILL DUE SOON IN CALIFORNIA
Tribes appear to be coming together on the issue.
The good news from California is that another run at legalising online poker is reportedly about to commence in the state Legislature...and this one may have a better chance than previous attempts with reports that the key support of tribal gambling interests is growing, with at least seven tribes now on-side for a bill drafted by the Pechanga tribe
Insiders who have seen the draft bill claim that it will keep the advantage of California's large population by prohibiting player-sharing compacts with other states, and will have provisions excluding "bad actors" - companies that formerly flouted US laws against online gambling financial transactions - an element widely perceived to be a protectionist mechanism to ensure that external competition is kept to a minimum.
That protectionism is also evident in provisions which restrict each licence to cover only a single online poker room, and reserve licensing for existing card rooms and tribal gambling groups that have been operational in the Golden State for at least five years.
Participation in a legalised Californian market will not come cheap - some reports predict that a one-time licensing fee of $5 million will be a requirement, along with tax at 5 percent of GGR.
Aspirant operators will be watching developments in the state Legislature closely once the session commences on February 21.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
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.
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