California Voting Today on Legalizing Online Poker
01 June 2010
California is in a financial bind. It is staring in the face of a $19 billion budget shortfall by the end of this fiscal year (2011). The urgency in producing revenue in the state can be reflected in the introduction of a SB 1485 Friday that will authorize the creation of an online poker system within California.
This bill, introduced by Senator Rod Wright, leader of the Senate Committee with oversight for gambling, proposes a plan to award three California based operators with contracts lasting five years to run online poker sites for state residents only.
Again emphasizing the need for not only tax revenue in the state but tax revenue now, the bill as been tagged with as an urgency measure, this means that if passed and signed off by Governor Arnold Schwarzenegger, this bill will go into effect immediately.
SB 1485 will be presented to California legislators June 1st which coincidentally is the day the UIGEA regulations that “prevent payments to businesses in connection with unlawful Internet gambling” go into effect nationwide.
Last year there was another bill on the table in California to allow for internet poker sponsored by the Morongo’s. That bill would have established only one online site run by a group of tribes and card rooms. This new bill allows for a more competitive environment.
There are a lot of eyes on what will be happening in California this week as other states looking at budget shortfalls such as Florida and New Jersey are already looking at their own internet gambling bills.
15 May 2010Poker Player Alliance to Rally in Olympia
Lee Rousso, the Poker Players Alliance Washington State’s Director is trying to overturn a Washington State law that makes playing online poker a Class C felony; a Class C felony is equivalent to child pornography and heroin possession. Rousso’s argument is that the law violates the Commerce Clause of the United States Constitution.Read full article
02 June 2010Hop-On Inc Seeking Licensees in California for Online Gaming Software
Hop-On Inc , who’s patents for GSM and CDMA technologies have resulted in license agreements with some of the biggest names in cell phones such as Qualcomm, Motorola, Ericsson, and Nokia to just name a few, has announced today in a press release that they will be seeking licensees for their gaming software for California.Read full article
04 June 2010Online Poker in France Challenged by Malta
The French law that would impose a 7.5 percent tax on online sports and horseracing wagers and a 2 percent levy on poker bets has met a last minute snag with the regulation on online poker in the form of a complaint filed by Malta. The online sports betting and horse race betting will open up next week as planned however, the online poker plans have been postponed for at least a month.Read full article