Category: Poker News and Features
California Online Poker Makes Progress
The latest changes to California’s Internet poker bill call for online gaming companies who facilitated poker games for Americans between 2006 and 2011 to be excluded from the Golden State market for five years, according to a report from The Los Angeles Times. The amendment would prevent PokerStars, which has roughly 70 percent of the worldwide online poker market, from being involved right out of the gate in what is considered the nation’s largest online poker market. PokerStars facilitated games for Americans until 2011, before the federal government indicted its former owners. The company settled without admitting to any wrongdoing,…
Amaya CEO Officially Steps Down
Amaya Gaming, owner of the PokerStars platform, said Friday that former CEO David Baazov has resigned “from all positions” with the company. Baazov took a voluntary leave of absence from his positions as CEO and board chairman following insider trading charges that were made public in March. Baazov pleaded not guilty to the charges stemming from the alleged use of privileged information when trading company shares between December 2013 and the June 2014 deal to acquire PokerStars, the world’s largest poker site, for $4.9 billion. Rafi Ashkenazi, who was appointed interim CEO in March, is now at the helm of…
California Tribal Coalition Targets PokerStars… Again
The California tribes blocking passage of the state’s latest online poker bill have proposed strict conditions for allowing PokerStars to get a license. In a letter to Assemblyman Adam Gray obtained by Gambling Compliance scribe Chris Krafcik (@CKrafcik), the seven-tribe coalition led by the Pechanga and Agua Caliente bands reiterate their longstanding opposition to Gray’s AB 2863 legislation but offer specific remedies to alleviate their concerns. The coalition has steadfastly objected to PokerStars participating in California’s online poker market due to the site having continued to serve US residents following the 2006 passage of the federal Unlawful Internet Gambling Enforcement…
California Online Poker Heads for Assembly Vote
The California Assembly Appropriations Committee passed a bill regulating online poker in the state on Wednesday, sending it to the full chamber for a possible vote.The committee approved AB 2863 on Wednesday. A vote had been scheduled to take place last week, but that was delayed as amendments were added to the bill. The amendments that were floated last week were inserted to the bill this week, and included: A “bad actor” clause that excludes online poker operators that accepted California players after the passage of the federal Unlawful Internet Gambling Enforcement Act of 2006. Sites that did so could…
Online Poker Has Better Chance than Fantasy Sports in New York
A key senator in New York said that a daily fantasy sports bill trails online poker legislation in its chances of becoming law before a looming deadline. Sen. John Bonacic, the chair of the Racing, Gaming, and Wagering committee, did an interview with Time Warner Cable News on Monday. In it, he spoke at length about two different gaming bills in front of the legislature. When asked whether a bill regulating online poker or a bill regulating DFS — both authored by him — had a better shot at becoming law, he said “online poker” without hesitation. You can see…
Online Poker Passes New York Senate Finance Committee
On Thursday morning, the New York Senate Finance Committee quickly passed Senator John Bonacic’s online poker legalization bill, S5302. The bill will now head to the Senate floor for future consideration. Momentum of any kind is certainly welcome. But based on the comments of a key figure in the New York Assembly, as well as the lack of public hearings on the topic, online poker legalization in the Empire State appears to be a long shot. In a column at LegalSportsReport.com, Dustin Gouker reported Assemblyman Gary Pretlow was “pessimistic” when it comes to online poker this session. And Pretlow would…



















