It’s the Battle of the California Poker Bills, with Sen. Lou Correa (pictured here) on one part and Assemblyman Reginald Jones-Sawyer in the other. (Image: CalvinAyre.com)
A showdown that is political underway between rival groups proposing the legalization of online poker in California, which gets the potential to become one of the world’s biggest online gambling markets, worth a huge selection of million dollars annually.
Duking It Out for Online Poker Bills
The Agua Caliente Band of Cahuila Indians and the Pechanga Band of Luiseño Indians in one corner, we have Assemblyman Reginald Jones-Sawyer (D-Los Angeles) with AB 2291, which has the support of the Yocha Dehe Wintun Nation.
The Federated Indians of Graton Rancheria, which operates the Graton Resort and Casino in Rohnert Park, the San Manuel Band of Serrano Mission Indians, the United Auburn Indian Community, the Rincon Band of Luiseño Indians and others in the other, we have Sen. Lou Correa, (D-Santa Ana) with his bill, SB 1366, which has support from the Dry Creek Rancheria Band of Pomo Indians, which operates River Rock Casino in Alexander Valley.
Sen. Correa may be the newly named chairman of the Senate Governmental Organization Committee, that has jurisdiction over alcohol, horse gambling and racing.
Both bills aim to legalize online poker internet sites, but differ over certain certification and regulatory measures. The Jones-Sawyer bill, for example, needs a new operator to create a one-off payment of $5 million following license approval; in the Correa bill, it’s ten dollars million.
The fee was set at a minimum of $1 million in legislation that fell through last year while this time around, no recommendations have been made in either bill for the actual cost of applying for a licence. The Jones-Sawyer bill, meanwhile, suggests limits in the quantity of websites eligible to utilize; the Correa bill does perhaps not.
Tribes At The Top Of Totem Pole
As expected, both bills set out favourable conditions to the tribal operators who currently dominate Californian gaming that is land-based requiring no background checks or license fees for tribes that have been conducting poker games on their brick-and-mortar casinos for several years already. This would let the regional Californian operators to acquire a mind start over worldwide competitors in this hugely lucrative market.
Both sides admit the bills still need some negotiation that is tough. Last year’s proposed legislation ultimately failed when lawmakers and the ones representing tribal interests did not agree on the print that is fine.
‘ There are a complete large amount of moving parts,’ stated Sen. Correa. ‘ But we shall strive, and I also am hopeful.’
‘As most of you know, the exact language of an introduced bill rarely if ever is what makes it through the procedure,’ three tribal chairmen — Jeff Grubbe of Agua Caliente, Mark Macarro of Pechanga and Marshall McKay of Yocha Dehe — penned Feb. 21 to many other tribal leaders.The three are among those who support the Jones-Sawyer bill.
‘We completely expect the bill to evolve as our conversations continue,’ they wrote.
Based on a report ready by Academicon and PokerScout in December 2013, the legalization of poker in California would create $263 million in revenue the year that is first some $384 million per year within a decade. It’s estimated there are approximately 750,000 to at least one million online poker players in California the second figure equating to your whole population of Delaware.
However, online poker’s detractors have actually questioned those figures, citing the fact that New Jersey Gov. Chris Christie estimated the state would get $200 million this 12 months a figure that has now been more realistically recalculated at $34 million.
Cities, Tracks and Casinos Face Off Over Illinois Expanded Gambling
Chicago city leaders are battling over casino licensing and revenue sharing.(Image: AP/M. Spencer Green)
The battle over expanded gambling in the Chicago suburbs is pitting race tracks, casinos and even the towns and cities themselves against each other in a fight over who if anybody could possibly offer more casino-style gambling into the state of Illinois. At a hearing the other day at Tinley Park found in a south Chicago suburb experts and insiders argued over whether more gambling would hurt the state’s existing gambling enterprises, and if the state’s horse race industry could survive without it.
Revenue and licensing Wars
These issues have been mentioned multiple times at meetings through the entire state, and the conflict between the casinos and racetracks has made up the central battle in the expansion debate. But this latest meeting saw other issues crop up too: arguments over which city would obtain a license for the brand new casino if one became available, and how the revenue from such a casino would be split up among local and state passions.
The debate uses a proposed gambling expansion bill cleared their state Senate this past year, but never got a vote in the home. That bill could have allowed for a new casino in Chicago, as well as brand new venues in Rockford, Danville and Lake County. It could additionally have permitted for slots at airports in Illinois, or over to 900 slots at each and every horse-racing track within the state.
However, there was also one casino offered to the south Chicago suburbs, and this indicates as though the mayors of various towns and cities in the area are not fundamentally on the exact same page when it comes to how that venue would work.
‘ a number of the cities that will like to move forward to obtain this, each of them have different a few ideas,’ said State Representative Robert Rita of Blue Island. ‘They’re type of all around the board on their ideas for the revenue-sharing part.’
Existing Casino Impact Discussed
Rita the brainchild behind the bill has been arranging meetings to discuss the possibility of expanded casino gambling with community leaders. In the first such meeting held in East St. Louis in January, the greatest issues had been the possibility of impacting the Casino Queen and Fairmount Park. While the racetrack said they needed slot machines to remain competitive, the casino supporters said that the populo city which gets about 40 percent of its funding from taxes gathered from the Casino Queen would be adversely impacted by the competition.
Those issues came up again in the Tinley Park meeting, as a casino that is existing Joliet could possibly be relying on slot machines at the Balmoral Park racetrack. But those were largely overshadowed by the relevant question of how communities in the suburbs would divide up the money from a casino.
‘The problem with Fairmount Park and Casino Queen and East St. Louis had been far greater than I expected,’ Rita said. ‘It ended up being a set that is different of in the south suburbs. Different areas have different issues. Issues associated to those regions are specific and unique.’
While some doubt that all parties can reach an agreement and have it approved by the legislature and governor, Rita whom plans to keep more conferences, including one in Chicago is still hopeful that the compromise is reached.
‘we are still working on it, and that ended up being the concept behind having these meetings to hear exactly what the locals say who’ren’t always in Springfield, and to really have a more transparent means of doing this, and attempting to arrive at some ground that is common’ Rita said.
Macau Revenues Soar to New Heights
Macau already the gambling that is highest-earning in the planet keeps seeing more and more growth, 12 months after year (Image: maximumpc.com
Will the boom times stop in Macau ever? Casino operators certainly hope not, and the latest numbers out of the Chinese enclave suggest that there’s still plenty more development to come before things start to decelerate in the city.
In accordance with the latest numbers, casino revenues rose to 38 billion patacas ($4.8 billion) in February, a brand new record for any month into the history of Macau’s gaming industry. October that broke the record of 36.5 billion patacas ($4.6 billion) set last. Maybe even more significantly, that was a 40 per cent increase year-over-year for the gaming industry there an incredible rate of growth that exceeded the expectations of analysts.
Chinese New Year a Draw
The boost may have come from the Chinese New Year. According to reports, more than 770,000 tourists visited the city from mainland Asia during the vacation, which ran from 31 to February 6 january. That’s a 23 percent enhance from the year that is previous based on the Macau Government Tourist Office.
‘Macau’s becoming a more accessible and spot that is realistic visitation,’ stated Philip Tulk, an analyst for Standard Chartered Plc. ‘Clearly, it’s evidence that there’s still demand that is pent-up play from mainland customers.’
The numbers justify moves made by many Macau casinos to locate methods to attract clients beyond the rollers that are super-high city has become known for. That meant incorporating more Las Vegas-style amenities to attract those who may only be gamblers that are casual if they gamble at all. Operators have been adding more programs, better rooms in hotels, and shopping that is retail in order to lure much more customers. Boxing activities have also become popular in Macau casinos, especially when Chinese and other boxers that are asian involved in high-profile fights. Many of these noticeable changes are designed to add value for high rollers while attracting a broader base of consumers going forward.
Overall, casino revenues were up 25 % to 66.7 patacas ($8.3 billion) during January and February this year, well in front of analyst projections. That comes after A january where growth was surprisingly slow by the criteria of macau, up just seven percent year-over-year.
More Growth Expected
While no body expects these enormous numbers to help keep up all year long, numerous industry insiders continue to be predicting a very good year of development for Macau’s casino industry. As an example, Sands Asia CEO Edward Tracy has predicted development within the ‘mid-teens’ for the year. Improvements to infrastructure and rail connections which have stood in stark contrast to the beautiful and luxurious casinos have actually helped keep the industry growing in the last few years.
‘Growth in March will slow due to the higher base,’ stated Hong analyst that is kong-based Fischer. ‘The full-year perspective stays very positive, especially for the higher-margin mass market segment.’
Macau a former Portuguese colony is the place that is only China where casino gambling is legal. This has made it a popular destination for wealthy Chinese who are searching to gamble; sometimes up to millions of dollars in a night that is aussie-pokies.club single. After the city had been opened up to Western casino operators in 2002, Macau quickly overtook Las Vegas while the leader that is worldwide gambling revenue: in 2013, gambling enterprises there took in about seven times as much revenue as the vegas Strip.