California Online Poker Games

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California Online Poker Games

California Online Poker Games are scheduled to become a reality in the year 2010. With the huge budget deficit problems that plague what used to be the 8th largest economy in the world, leaders are considering allowing interstate online poker to be regulated. Gambling brought money into the state coffers back in the 1990's when a recession hit the economic giant in the pocketbook, so now state leaders are looking for a new resource of income. Once approved, it will bring in an estimated $260 million to the state in the first year and grow to $645 million in the tenth year of activity.

A recent analysis on regulation of the market in the state of Florida has an estimate of $100,000,000 annually after the third year of operation, so many are viewing this as an opportunity to ease fiscal pain. Sacramento is currently paying $80 million dollars a day in unemployment benefits and wrote out over $1 billion dollars of benefits in July according to the statistics of the Employment Development Department. Still others want to make sure they are properly represented such as the smaller Indian tribes and card rooms throughout the state. Check back here from time to time and get news updates on the subject.

News Updates
12/31/1969 05:59 PM
Status on Online Poker in the U.S. - Poker News Report

Poker News Report

Status on Online Poker in the U.S.
Poker News Report
Together the two companies created Sciplay with the idea that Playtech and Scientific Games would supply the California Online Poker Association (COPA) with online poker technology for fun games. That contract put Playtech one step away from being the ...

and more »

12/31/1969 05:59 PM
Lawmakers urge online gaming for state - The Desert Sun

East County Magazine

Lawmakers urge online gaming for state
The Desert Sun
The California Online Poker Association on Tuesday backed a state Senate bill to legalize Internet poker, saying California needs to act quickly or it will be beaten to the punch. “Time is not on our side,” Sen. Lou Correa said in the final ...
Online poker in California being pushedExaminer.com
California Internet Gaming Bills Face Senate CommitteeIndian Country Today Media Network.com
BAD BET? TRIBAL BUSINESS ALLIANCE OPPOSES BILL TO LEGALIZE INTERNET POKEREast County Magazine
Bradenton Herald
all 11 news articles »

12/31/1969 05:59 PM
UK firm 888 Holdings Plc: Online poker a 'no brainer' - GamingTodaySlotsToday

Poker News Report

UK firm 888 Holdings Plc: Online poker a 'no brainer'
GamingTodaySlotsToday
Mattingley said he looked at online poker as a "no brainer" and his company did not want to miss out on the opportunity. He included California in the company's thinking since that state's lawmakers are also considering intrastate online poker.
US Digital Gaming betting on regulated gamblingCasino City Times
International gambling companies looking to hop on online poker bandwagonExaminer.com

all 7 news articles »

12/31/1969 05:59 PM
Key online poker bill gets heavily amended - Capitol Weekly

Key online poker bill gets heavily amended
Capitol Weekly
The amendments also seek to address some of the concerns that have been raised with allowing online poker in California. There is now a federal opt-out provision, allowing California to go their own way if the federal government comes up with its own ...
Online gaming showdown: July 12The Desert Sun
In Case You Missed It: Correa Amends SB 40 to Include $250 Million in Upfront ...Business Wire (press release)

all 8 news articles »

12/31/1969 05:59 PM
The Nightly Turbo: UKIPT Kicks Off Thursday, Online Poker Bill, and More - PokerNews.com

PokerNews.com

The Nightly Turbo: UKIPT Kicks Off Thursday, Online Poker Bill, and More
PokerNews.com
The PokerStars UKIPT kicks off Thursday, so we'll bring you all those details, tell you about a hearing for an online poker bill in California, and more. Looking to better your game? We caught up with Ryan D'Angelo during his Day 2 of the 2011 WSOP ...

and more »

12/31/1969 05:59 PM
California Needs to Act Quick to Get Online Poker Legalized - CompatiblePoker

California Needs to Act Quick to Get Online Poker Legalized
CompatiblePoker
Online poker proponents are working around the clock to get the game legalized in California before the summer break. The California Online Poker Association said this week that it will be backing a Senate bill that will legalize poker over the ...


12/31/1969 05:59 PM
888 Considers Applying for Nevada Internet Poker License - Bloomberg

888 Considers Applying for Nevada Internet Poker License
Bloomberg
888 Holdings Plc (888), a UK-listed Internet gambling company, may apply for an online poker license in Nevada, possibly for a venture with Caesars Entertainment Corp., Deputy Chairman Brian Mattingley ...

and more »

12/31/1969 05:59 PM
Tribal Group Delays Legalization Of Online Gambling in California? - Tight Poker

Tribal Group Delays Legalization Of Online Gambling in California?
Tight Poker
By Renee | July 14, 2011 While poker players in the state of California are pushing for online gambling regulations together with the support of the California Online Poker Association, the tribal groups of Cahuilla Indians want to wait and make the ...


12/31/1969 05:59 PM
Letter from Kyl & Reid to Holder Opens the Door to a Federal Internet Poker Bill - Off Shore Gaming Assocation

Off Shore Gaming Assocation

Letter from Kyl & Reid to Holder Opens the Door to a Federal Internet Poker Bill
Off Shore Gaming Assocation
In 2006 no states except California had any interest in online poker, but with the downturn in the economy since 2006 and with so many states desperate for revenue, a large number have made moves to look into online poker and other forms of gambling to ...

and more »

12/31/1969 05:59 PM
OVERNIGHT TECH: Group of state AGs support AT&T; deal - The Hill (blog)

OVERNIGHT TECH: Group of state AGs support AT&T deal
The Hill (blog)
Coalition formed to push for legalization of online poker: Supporters of legalizing online poker launched a new coalition this week aimed at building grassroots support for legalizing the game. FairPlayUSA will be based in Washington, DC, ...

and more »



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