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Tuesday June 21,2011 : Isle of Man internet gambling software provider is COPA's supplier of choice for Californian online poker
 
It's early days in the Californian online poker legalisation initiative, with two proposals vying for the approval of lawmakers, but it appears that Playtech plc has already achieved an inside track in the intrastate drive.
 
One of the key groupings backing the initiative, the California Online Poker Association, announced this week that it has selected the Isle of Man-based Playtech to provide online poker services in the event of its proposal achieving success.
 
COPA, a coalition of 31 Californian land poker rooms and 29 tribal groups that include the influential Morongo Band of Mission Indians, is a key supporter of Sen. Lou Correa's Senate Bill 40 proposal to legalise online poker in California.
 
In addition to its selection of the publicly traded firm Sciplay, COPA revealed it has signed a software licensing pact with Playtech for online poker technology and software. The terms of the agreement were not disclosed.
 
Sciplay is a joint venture between the publicly traded Scientific Games Corp. and Playtech Limited, which is listed on the London exchange. Scientific Games was founded 40 years ago, and has contracts to operate 11 lottery systems in the United States, along with systems in China, Germany, France, Spain, Norway and Switzerland.
 
Referring to the Black Friday's shutdowns of major online poker operators in the United States (see previous InfoPowa reports), Morongo spokesman Robert Martin said the timing couldn’t be better because the federal indictments removed the largest offshore Internet poker operators from the California market.
 
That showed the urgency for regulated, intrastate online poker in California, Martin said in a statement, adding that now that the operating agreements are in place, COPA is getting in position to launch live Internet poker as soon as it is legalised in the state.
 
Until the Californian legislative decision is reached, Sciplay and Playtech plan to offer free poker in "play for fun" mode, building awareness and brand recognition for the venture. This aspect of the initiative is expected to launch before the end of 2011.
 
Playtech has extensive experience in the operation of online poker networks in regulated environments, providing its operators with dedicated facilities in Italy and France, and the more international iPoker network for its licensees.
 
A new study by former California State Finance Director Tim Gage found that by authorising online poker, California will generate more than $1.4 billion in new state revenue over the next decade -- or 47 percent more than previously estimated -- as a result of the recent shutdown of three of the largest illegal online poker sites from which the State received no revenue.
 
A poll by Tulchin Research found 66 percent of California voters favor the legalisation of online poker, and, by a wider margin, 76 percent of Californians prefer that online poker in the state be operated by existing tribes and card clubs.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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