Friday, April 15, 2016

California Fails Online Poker AgainNO Deposit bonus $43

California-PokerFriday marked the official end for California’s online poker hopes in 2015, though it were known for plenty of weeks that the Golden State’s chances were essentially zero.

The 2015 California legislative session ended on Sept. 11 without a consensus being reached by tribal groups, card clubs, racetracks and out of doors firms trying to get in at the most lucrative online poker market within the country. Amaya Gaming Group, owner of PokerStars, was pushing hard in 2015, even sending a few of its top pros to Sacramento to advocate for regulation, but to no avail.

Tribal gaming is a $28.5 billion market within the United States, with the California region representing a whopping $7.3 billion of that figure. The tribal gaming industry have been divided on how one can regulate online poker and who need to be eligible for a license to provide it.

It was estimated that the state’s online poker market could eventually be worth greater than $380 million a year. Between 2009 and 2010, California players accounted for 16 percent people.. revenue and 4 percent of globally revenue in online poker. Still, stakeholders in California gaming believe the market could only support such a lot of operators.

California has not been legalizing other online casino games—just poker.

More at Card Player

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