No Online Gambling this Year in California
23 August 2011
According to Senate President Pro Tem Darrell Steinberg, online gambling in California is dead until 2012. This comes as a major disappointment to two Southern California tribes who have spent the better part of this year lobbying for the proposals that where on the table there.
This news come on the way of a letter sent from Steinberg to representatives of tribes, card rooms, horse tracks, online poker groups and others who have showed interest. Steinberg admitted that the “concept of bringing intrastate gaming to California has merit and is worth pursing in a smart, methodical way.”
As far as voting for any of the proposed bills already in the California legislature, Steinberg stated that there are “significant, unresolved issues” making it unwise to vote when the legislature year ends Sept. 9th.
“We believe that well thought out, fair solutions to these differences can be reached, but not before the end of the legislative year on September 9th when Interim Study Recess is scheduled to begin”, Steinberg said in the letter, “Rushing to meet a legislative deadline on an issue of such significance for our state and our people would be unwise”.
Steinberg added that there has been huge strides in intrastate gambling and believes that “an objective proposal will be developed” in time for consideration in 2012.
14 May 2010Canadian Man Pleads Guilty in U.S. Online Gambling Charge
Douglas Rennick, a Canadian man, has pleaded guilty to a count of processing offshore bets of U.S. citizens. Originally Rennick was looking at a charge of conspiracy and bank fraud. He had allegedly laundered $350 million dollars for overseas internet gambling companies. Rennick was indicted in August and on Tuesday entered a guilty plea to the one charge in New York Federal court. Part of the plea was forfeiting $17.1 million and a possible prison term of 6-12 months.Read full article
02 June 2010France to Award 30 Licenses for Online Gambling
Today the government of France approved a new online gambling bill. The bill passed the French parliament by a narrow 299-233 vote. The French will grant only 30 licenses to operate online casinos and poker rooms within its borders. Though it is now official and France says that licenses will be granted in time for the 2010 World Cup, not everyone is excited about the French market.Read full article
09 June 2010France Issues 11 Licenses For Online Gambling
France acknowledged that 11 companies have been granted license and have been registered to conduct online sports and horse race betting as well as online poker within France. According to Arjel president Jean-Francois Vilotte, the regulator of gaming in France, “There were 35 requests for licenses and we have retained 17 at this stage. None have been formally rejected.Read full article