{"id":17550,"date":"2014-02-02T17:30:47","date_gmt":"2014-02-02T17:30:47","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=17550"},"modified":"2021-11-30T10:50:43","modified_gmt":"2021-11-30T18:50:43","slug":"california-legislators-continue-grapple-gambling-options","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/california-legislators-continue-grapple-gambling-options\/","title":{"rendered":"California Legislators Continue to Grapple with Gambling Options"},"content":{"rendered":"
\"California
California lawmakers will mull several state bills that could affect both land and online gambling efforts this year (Image: Michael Macor, The Chronicle)<\/figcaption><\/figure>\n

A new California gambling bill approved last week by the State Senate could up taxes and review regulatory procedures on the Golden State’s ever-expanding gaming industry. Introduced by Sen. Leland Yee (D-San Francisco), SB 601 will go under the microscope of a gaming policy advisory committee comprised of both industry executives and members of the public, with the goal of determining whether the existing regulatory structures that are in place are aiding or abetting California’s current and future economic outlook.<\/p>\n

Regulatory Review<\/h2>\n

Additionally, the panel will review the impact of the state’s numerous card clubs on both state and local tax flows, as well as on fees to both. Yee said he is exploring the possibility that more non-Indian gaming outfits could help boost California’s ever-struggling coffers to become fuller.<\/p>\n

\u201cDespite the good news we\u2019ve seen in budget projections, I think it\u2019s always worth looking at new revenue sources for our state,\u201d noted Yee. Once the committee review is complete, the new bill will move on to the state Assembly for further assessment.<\/p>\n

Of course, as Newton so wisely noted, for every action there is a similar and equal reaction, and nowhere does that hold truer than in the world of gambling legislation. No sooner was SB 601 brought to light than the\u00a0California Coalition Against Gambling Expansion (CCAGE) popped up, declaring that the new bill was nothing more but a gateway drug for loosening regulatory procedures for operators.<\/p>\n

\n

\u201cSB 601 should be amended to require a balanced look at the laws and regulations governing gambling, including not only their impeding effect on the industry, but the social and economic costs inevitably related to gambling expansion among California families and communities — e.g., increased debts, foreclosures and bankruptcies, divorces, suicides, etc.,\u201d said CCAGE in a letter to legislators about the bill.<\/p>\n

Many Viewpoints, Little Agreement<\/h2>\n

Of course, California has a myriad of factions and viewpoints when it comes to gambling, so SB 601 is hardly the only legislation on the table in this arena right now. \u00a0Also under review are SB 678 – introduced by Sen. Lou Correa (D-Santa Ana) – also known as the\u00a0\u201cAuthorization and Regulation of Internet Poker and Consumer Protection Act of 2013,\u201d a bill aimed at legalizing online poker only, which has the support of eight Indian tribes.<\/p><\/blockquote>\n

Then there’s SB 51 –\u00a0 the\u00a0\u201cInternet Gambling Consumer Protection and Public-Private Partnership Act of 2013\u201d\u00a0– introduced by Sen. Roderick Wright (D-Inglewood). Of course, having been found guilty<\/a> on eight counts of perjury and voter fraud last week, Wright \u00a0may have more to worry about \u00a0than gambling legislation right now.<\/p>\n

With 38 million residents to draw from, California holds by far the most promise of any U.S. state to make big bucks from online gambling. In fact, a recent study conducted jointly by the market research firm PokerScout along with consulting firm Academicon \u00a0revealed the Golden State has a $263 million revenue potential for its first year of iGaming, should it decide to legalize it, and a $384 million possibility for year 10. That being said, other states – such as Delaware<\/a> – have proved to be pretty far off in their initial projections so far, but with California’s huge population base, there’s way more potential for hitting the mark or close to it in these projections.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A new California gambling bill approved last week by the State Senate could up taxes and review regulatory procedures on the Golden State’s ever-expanding gaming industry. Introduced by Sen. Leland Yee (D-San Francisco), SB 601 will go under the microscope of a gaming policy advisory committee comprised of both industry executives and members of the […]<\/p>\n","protected":false},"author":42,"featured_media":17570,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,13,18],"tags":[],"acf":[],"yoast_head":"\nCalifornia Legislators Continue to Grapple with Gambling Options<\/title>\n<meta name=\"description\" content=\"With several bills on the table involving both land and iGaming inititiatives, California legislators will have their hands full this year regarding gaming.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"California Legislators Continue to Grapple with Gambling Options\" \/>\n<meta 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