Online gambling has been a hot topic for the Casinos in California website for quite some time. So far we’ve only given you the option of using online casinos based out of other countries.
Well that could be changing.
Friday February 24, lawmakers in California proposed a new bill that many California gamblers are pretty excited about.
The Internet Gambling Consumer Protection and Public-Private Partnership Act of 2012, also known as SB 1463, was introduced by Senator Darrell Steinberg (D-Sacramento) and Senator Roderick Wright (D-Inglewood).
They believe that allowing online poker to be played in California would bring “hundreds of millions of dollars” to the state of California. That sounds great for a state in dire need of new capital.
The law would allow online casino operators to apply for ten year licenses with licensing fees of $30 million, against gross gaming revenue proceeds during the initial 3 years of online operation.
This bill only affects online poker. There is word that if this bill were to pass, online poker would just be the start. California may test out the legal online poker scenario for a couple of years before working other games into the equation.
One possible roadblock right now would be the lack of support from the Indian tribal community in California. They may fear that they could not compete with the “big dogs” in the industry.