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CALIFORNIAN MEDIA SUPPORTS LEGALISED ONLINE POKER

4/29/10 - The influential Californian newspaper Capitol Weekly, which serves an audience made up mainly of government and political readers, says it’s time for online poker to be regulated in the state.
 
The op-ed article points out that large numbers of Californians play at online foreign websites that
are not regulated or monitored by U.S. law enforcement to ensure that consumer protections against fraud, cheating or theft of personal financial information are in place, and makes the observation that these are basic safeguards they would have playing in any licensed land-based casino in California.
 
“Worse, neither the State of California nor legal land-based gaming operators in the State receive a penny from the multi-billion online poker industry that operates from foreign locations,” it notes.
 
Millions of Californians play today and that number is growing exponentially, the articles asserts, going on to attribute the pastime’s popularity to the fact that poker is the third most watched spot on cable television, and that internet poker is faster-paced than poker played at a traditional casino or card club.
 
California legislators are currently wrestling with the contentious subject of legalisation and regulation to better protect players and the financial interests of the state, and the Capitol Weekly article notes: “It’s about time, because federal law says individual states have the power to regulate Internet poker, raise revenues from it and protect players and minors.” 
 
The piece presents its ideas on essentials for legalisation, asserting that whatever system is adopted, it must provide players with safety and certainty.  “If the ‘eye-in-the-sky’ can prevent cheating in a [land] casino, a state-approved Internet system must [equally] prevent fraud and collusion,” it observes.
 
“This means that, consistent with federal law, the California system must use technology to prevent minors from playing, and players are entitled to certainty.”
 
The article goes on: “Legalization and regulation is the only way to empower California law enforcement to guard against identity theft, release of personal financial information, fraud or the use of these sites by underage players – all protections that can be provided by state of-the-art security technology used in a system regulated and monitored by law enforcement. 
 
“Second, the Legislature must put in place a system that allows its contractors to compete with powerful offshore competitors to keep money from leaving California.  After all, those companies start with a market share of two million Californians.”
 
The Capitol Weekly quotes independent estimates from PricewaterhouseCoppers, H2 Gambling Capital and Goldman Sachs which estimate gross revenues in the first year of proper Californian regulation to be around $500 million. 
 
“If the state receives 20 percent of those gross revenues as part of any contract for operating an intrastate system, roughly $100 million annually could be generated,” the article notes.
 
The author argues convincingly against the proposition that Indian tribes holding land gambling deals with the state government should have exclusivity in any new online gambling dispensation, and concludes: 
 
“There are many different issues to be debated and resolved before legalizing and regulating Internet poker. But it’s important for that debate to occur – before it’s too late.”



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Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

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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