California Online Poker Bill on Back Burner Until the Summer

Written by:
Ace King
Published on:
Dec/20/2011
California Online Poker Bill

California wants online poker legalized and they need online poker legalized to help pay the bills.

But for once maybe, the state legislature wants to sit back and “do things right”.

That will happen after they return from a three-month vacation.  Yes, this is the state that is dead broke and the state legislators get to take a three month vacation. 

Here is the audio from KXJZ.

This was one of the year's most expensive lobbying fights in the legislature.  But amid a heated last-minute push in the final weeks of session, Senate President Darrell Steinberg released a letter that basically said: Chill out - let's take our time and do this right next year.  Democratic Senator Rod Wright is one of the lawmakers working on the issue.  He says the state could get hundreds of millions of dollars in new revenue if it legalized, regulated and taxed online gaming.

Wright: "Right now, we don't get squat.  So absolutely, we're losing out."
Ben:
"The only way you get anything is if a California taxpayer is honest about their online poker winnings."
Wright:
"Right."
Ben:
"Which happens approximately what percent of the time?
Wright:
"I don't know, probably zero-point-zero-zero."

But Wright says figuring out how to regulate and monetize online gaming in California is really difficult because of all the card players at the table.

Wright: "The horse-racing people believe they should get a carve-out.  The tribes - many of them think it should just be theirs exclusively, without any tax, and it should just be granted to them by fiat.  It's a challenge."

Wright says he hopes to see a bill introduced in the next couple months and passed by the time lawmakers adjourn next summer.  The bill would cover not just poker but all online gaming.  As for what the regulatory setup would look like, Wright says lawmakers and interest groups are still working that out.

- Ace King, Gambling911.com

Poker News

Ford to Introduce Self-Driving Car….With Built-in Poker Table

Ford to Introduce Self-Driving Car….With Built-in Poker Table

Ford Motor Co. has announced it patented a retractable poker table – airbag included – for use in its self-driving cars.

$1,000,000 Guaranteed Tourney Tripleheader Part of $14 Million OSS Cub3d

$1,000,000 Guaranteed Tourney Tripleheader Part of $14 Million OSS Cub3d

Americas Cardroom has officially flopped the ultimate set. The US-facing online poker site today announced a $14 Million OSS Cub3d from September 24th through October 22nd.

PokerStars Shelves Beat the Clock

PokerStars Shelves Beat the Clock

The world’s largest real money online poker site, PokerStars, has shelved its timed Beat the Clock tournaments after having introduced the five minute long Sit & Go Zoom games just under a year ago.

Greenblatt Wins $179k on HPT in Colorado

Greenblatt Wins $179k on HPT in Colorado

Alex Greenblatt has been a force to be reckoned with on the poker circuit for several years.

HPT to Debut in Pennsylvania

HPT to Debut in Pennsylvania

Heartland Poker Tour (HPT) has traveled the country many times over since its inception in 2005, awarding more than $90 million in prize pool money.

Syndicate