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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 :
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
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