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2013, like in 2012 and 2011, didn’t see any direct movement in the legalization of Internet gambling in California. But the undercurrent towards action is becoming more and more evident and there are indications that legalization could be in the offing come 2014.
The biggest stumbling block over the past few years in California has been having too many chefs in the kitchen, each enacting a different menus on how to get legislation to approve online gambling, specifically online poker. The numerous bills that have been introduced, including SB 51 and SB 678, all have substantive differences among them on numerous issues, preventing any sort of singular proposal that everybody can get behind on.
One of the biggest differences lie in licensing fees, with all three proposals throwing in different numbers. From the $15 million being proposed by SB51 to the $10 million under Senator Lou Correa’s SB 678 bill, to the $5 million being proposed by the Pechanga Band of Luiseño Indians, it seems that the different licensing fees being thrown around needs to have a singular amount before it can be taken seriously.
Everybody agrees that the financial windfall could amount to over $10 billion in gross gambling revenue a year for the state. Having that kind of financial pot of gold ought to be enough motivation for all parties involved to have a uniform gambling bill by next year.
It’s still subject to a lot of discussion and debate, but everybody knows that the prize at the end of the rainbow is. And if there’s a chance to have online gambling legalized in California, everybody needs to have their eyes on that prize, all at the same time.
To read the full article click here Source
The biggest stumbling block over the past few years in California has been having too many chefs in the kitchen, each enacting a different menus on how to get legislation to approve online gambling, specifically online poker. The numerous bills that have been introduced, including SB 51 and SB 678, all have substantive differences among them on numerous issues, preventing any sort of singular proposal that everybody can get behind on.
One of the biggest differences lie in licensing fees, with all three proposals throwing in different numbers. From the $15 million being proposed by SB51 to the $10 million under Senator Lou Correa’s SB 678 bill, to the $5 million being proposed by the Pechanga Band of Luiseño Indians, it seems that the different licensing fees being thrown around needs to have a singular amount before it can be taken seriously.
Everybody agrees that the financial windfall could amount to over $10 billion in gross gambling revenue a year for the state. Having that kind of financial pot of gold ought to be enough motivation for all parties involved to have a uniform gambling bill by next year.
It’s still subject to a lot of discussion and debate, but everybody knows that the prize at the end of the rainbow is. And if there’s a chance to have online gambling legalized in California, everybody needs to have their eyes on that prize, all at the same time.
To read the full article click here Source
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