The California internet poker legislation, having smoothly passed a crucial committee decision in April, is undergoing modifications. Although bill AB 2863 received widespread backing, certain points require clarification before further progress. One key aspect concerns the authorization procedure for providers who catered to American players following a specific point in 2011. Initial wording appeared to bar some providers, but the adjustments seek to establish a route for entities like PokerStars to possibly penetrate the California market should they fulfill particular requirements. Furthermore, the suggested alterations tackle licensing costs, proposing an elevation, and intend to link the taxation rate for operators to their total gambling earnings.
The suggested modifications to legislation AB 2863 state that if approved, it would solely authorize internet poker and exclude other gambling games. The ultimate version of the legislation is anticipated to be presented to lawmakers for review sometime in the current month.