Tag: online poker
Online Poker Passes New York Senate Finance Committee
On Thursday morning, the New York Senate Finance Committee quickly passed Senator John Bonacic’s online poker legalization bill, S5302. The bill will now head to the Senate floor for future consideration. Momentum of any kind is certainly welcome. But based on the comments of a key figure in the New York Assembly, as well as the lack of public hearings on the topic, online poker legalization in the Empire State appears to be a long shot. In a column at LegalSportsReport.com, Dustin Gouker reported Assemblyman Gary Pretlow was “pessimistic” when it comes to online poker this session. And Pretlow would…
Nevada & New Jersey Online Poker Network Finally Coming?
At the Friday May 13 meeting of the Nevada Gaming Policy Committee, Governor Brian Sandoval said that he was willing to sign an interstate compact to share online poker liquidity with New Jersey immediately. “I’m ready to go,” said the governor, adding, “It’s a win-win for both states.” The governor was immediately backed by A.G. Burnett, the chairman of the Nevada Gaming Control Board. Burnett said that he was “ready, willing and able” to sign an interstate agreement with New Jersey. The Policy Committee was clearly unsure as to why New Jersey was not equally enthusiastic. The committee told the…
California Horse Racing in Bed with Online Poker
The California horse racing industry has come out in official support of online poker bill AB 2863 in advance of next week’s hearing in the Assembly Governmental Organization Committee. PokerNews.com has obtained a copy of the letter that nine industry leaders sent to Assemblyman Adam Gray, chair of the committee and co-lead sponsor of the bill. In the letter, the industry expressed support for the bill with a few reasonable caveats: The $60 million annual payment to horse racing is not changed. Assemblyman Gray told PokerNews last month that the figure was not up for negotiation. Tax rate and licensing…
Amaya Insider Trading Jeopardizes California Online Poker
To the surprise of no one, the insider trading charges filed by Canadian regulators against former Amaya CEO David Baazov (Baazov has taken a voluntary leave of absence from his position as CEO and Chairman of the Board) are already having a negative impact on efforts to pass an online poker bill in California, and based on some of the comments coming out of the Golden State, it could lead to a major shakeup among the coalitions that have formed between certain stakeholders. The situation PokerStars is now facing has bolstered the company’s detractors, evidenced by tribal lobbyist David Quintana’s…
Online Poker in New York and Pennsylvania
Hopes were raised in the U.S. online poker community earlier this week when it was reported the New York Senate included a provision in its budget proposal that would legalize online poker in the Empire State. And now, a recent article by Gambling Compliance has raised hopes even higher. According to Gambling Compliance (paywall), the Chairman of the New York Assembly Racing and Wagering Committee, Gary Pretlow, is ready to tackle the issue, telling the industry trade publication he wanted to make sure the state’s land-based casinos were on board with such a proposal. “I don’t want to throw any…
California Online Poker Could Benefit Horse Racing
There may yet be hope for ending the long stalemate between California tribes and racetracks on Internet poker. PokerNews.com has received a copy of language Assemblyman Adam Gray has floated to industry stakeholders to fill out his shell bill AB 431 from last year. The new bill may be introduced in the next week, prior to the Feb. 19 deadline for bills to be introduced in 2016. The major development in this proposed language compared to previous bills in the state is a $57 million annual stipend to the horse racing industry in exchange for acceptance not to be operators….