Posts Tagged: gaming
News
The California Bureau of Gambling Control has unveiled draft language for potential new regulations that could effectively turn the card room industry – and the cities that depend on the revenue they generate – on their heads. Not surprisingly, card rooms are incensed. But so are their biggest rivals – tribal casinos.
Opinion
OPINION – The California cardroom industry supports continued discussions regarding regulation of gaming within the state. However, it is essential that the discourse is not influenced by unfounded concerns from a few wealthy tribal casinos intent on creating a monopoly for themselves to the detriment of working California families and the communities served by cardrooms.
Podcast
Today we present a Special Episode of the Capitol Weekly Podcast, recorded live, Thursday May 26 at CALIFORNIA VOTES, A 2022 Election Preview. This episode focuses on two Ballot Initiatives that would make sports betting legal in California.
News
Voters are facing the possibility of deciding among three fiercely competing ballot initiatives next year – all of them involving tens of millions of dollars and a revolution in California’s gambling industry. One of the three has already qualified for the November 2022 ballot. The remaining two must still gather signatures.
Recent News
For the last two years, the legalization of sports wagering in California seemed like a sucker’s bet. A proposed constitutional amendment in the Assembly went nowhere with lawmakers in 2019, and a similar proposal this year was hardly sprinting ahead like Secretariat. But with the sudden onset of the coronavirus playing havoc with both ballot measures and the state budget, it might be game-on for legalized sports gambling in 2020 after all.
Opinion
OPINION: With the Mendocino Complex fire burning through three counties in Northern California, the Habematolel Pomo of Upper Lake Tribe could only watch and pray as flames consumed massive amounts of our homelands, forcing the closing of our small casino and all governmental buildings as well as the evacuation of Tribal members and our neighbors.
Opinion
OPINION: First, the lawyer sues the solvent company and receives a full recovery after trial or settlement. Then, the lawyer files a claim before the bankruptcy trust for the same exact harm. Of course, it’s entirely possible the plaintiff was exposed to multiple different brands of asbestos. If that’s the case, then the trust should know about exposure to other asbestos from solvent companies.
News
Legalizing internet poker in California – a fruitless effort that has spanned seven years, a dozen major bills and hundreds of hours of tense talks – was headed for defeat in the Capitol, following opposition from a key Senate committee leader. Casino-owning tribes, card clubs and the horse racing industry were unable to agree on a formula that would allow them to share in the online gaming market, potentially worth hundreds of millions of dollars.
News
The Legislature made history of sorts Monday when it recorded its first-ever committee vote on a bill to legalize internet poker in California, but the measure is light on details and remains a focus of intense negotiations. Assemblyman Adam Gray, D-Merced, introduced the bill, AB 431, earlier this year.
News
Rival interests are rolling the dice to legalize California’s internet gaming market, the most lucrative in the nation. At stake in the Capitol negotiations is a prize worth hundreds of millions of dollars — and maybe more. It’s not the first time. Efforts to legalize internet poker in California – where the revenue may top $1 billion annually over a decade — have failed repeatedly in the past.