Tag: california
PokerStars eyes California with Morongo and card clubs partnership
iGaming Business – PokerStars and California’s Morongo Band of Mission Indians and the state’s three largest card rooms – the Commerce Club, the Hawaiian Gardens Casino and the Bicycle Casino, have confirmed their partnership that will see PokerStars supply and operate a California-licensed online poker site once regulation comes into force in the US’s most populous state. News of the agreement between the different parties first came out in late March, its official announcement was made yesterday (Wednesday) to coincide with the hearing organised by California’s Assembly Committee on Governmental Organisation on intra-state online poker regulation. The key issue in…
Tribal Chairman to Testify at California Assembly Hearing on Internet Poker
This Week in Gambling – Robert Smith, Treasurer of the CTBA Board and Chairman of the Pala Band of Luiseno Indians, will testify at the Assembly Committee on Governmental Organization, during their informational hearing on Internet poker. The iPoker hearing is set for Wednesday, April 23 at 1:30 pm, in State Capitol, Room 4202. The hearing, was called by AGO Chair Isadore Hall, III, to promote a better understanding of the iPoker issue. Two bills, AB 2291 (Jones-Sawyer) and SB 1366 (Correa), have been introduced this year that would legalize Internet poker in California. CTBA member tribes are part of…
California gaming firm raises $12M for new kinds of real-money gambling games
Venture Beat – Gamblit Gaming is announcing today it has raised $12 million in funding for its real-money gambling platform. But rather than convert a social casino slots game into a gambling game, Gamblit is looking for something altogether new. Glendale-based Gamblit wants to make it easy for game developers to create games that can be easily adapted for real-money gambling in places such as the United Kingdom, where online gambling is legal. The money came from American Capital, a publicly traded private equity firm with $19 billion in assets under management. Gamblit handles tasks such as building regulated technology,…
California Tribal Business Alliance Pledges To Block PokerStars From Online Poker Market
Card Player – There are currently two bills on the table that could bring online poker to California and obviously, PokerStars wants in. California has a population of 38 million, roughly 14 times that of Nevada. With a state by state patchwork of online poker legislation in the works, the Golden State is one of the most sought after markets in the country. The site has reportedly entered negotiations with the Morongo Band of Mission Indians, who operate the Morongo Casino Resort & Spa in Cabazon. While the Morongos may be the best way to get PokerStars’ foot in the…
California lawmakers introduce 2 online poker bills
Sacramento Business Journal – State lawmakers have introduced competing legislation to legalize online poker. California has seen several attempts to legalize the game over the last five years, but the state’s powerful tribes opposed the legislation out of fear that online gaming would encroach on their brick-and-mortar casinos. The bills never made it out of committee. But in a development that is similar to the anti-marijuana lobby’s can’t-beat-them-then-join-them attitude, the tribes are coming around, said one Capitol staffer. It isn’t difficult to sign up for online poker today — the U.S. has seen a proliferation of illegal digital gaming from…
California: Still a Chance for Online Poker in 2014
Poker News – California Assemblyman Isadore Hall told Tribal leaders and gaming interests at Thursday’s iGaming Legislative Symposium in Sacramento that he believes there is still a chance for Internet poker legislation to pass in the Golden State during 2014. He also indicated that the Assembly would be holding an informational hearing on the issue in the next few weeks. Hall, who was the keynote speaker to open the event, serves as chair of the Assembly Governmental Organization Committee, which includes gambling-related concerns. Two poker-only bills were introduced in the California legislature last week at the deadline to submit new…