| 03/13/2010 |
Online Casino Style: News |
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An update out of California has become available this week, as the debate continues to grow regarding the proposed intrastate internet gambling program. While many of the Indian tribes continue to express their opposition on the grounds that passage of such a proposal would mean a significant drop in their profits made from exclusive casino rights, one tribe is standing apart from the others in their support of the measure. The Morongo band of Mission Indians is looking at the inevitable measure as an opportunity to get in on the ground level, looking instead to develop a partnership with some of the big cardroom operators in the sunny state. On the flip side, there is the CTBA, the California Tribal Business Alliance, which has attached themselves with the fear that any progression in the battle to legalize online gambling in the US would put their land-based casinos at risk. It’s not a wholly unsubstantiated concern, as even Congressman Barney Frank pointed out that the inevitable legalization of internet casinos will change the game for brick-and-mortar institutions. According to an article in the Sacramento Bee on the topic, special correspondent Robert Martin closely examines the CTBA’s claim that allowing online poker in California will effectively break an exclusive contract held with the Indian tribes for gambling. Martin concluded that the facts don’t support that claim, saying, “Everyone is entitled to their own opinions, but they are not entitled to their own facts." The fact is that Californians love to gamble online, and with a million players signing on and spending millions in offshore online casinos, the fact that the state is suffering under a $20 billion deficit should be the first priority. The legalization of online poker wouldn’t solve the issue by any means, but it could very well serve to be one of the solutions that starts putting money into the governments very dry pockets. "Time is of the essence. Every day we wait means millions of dollars in potential revenue that should stay in California, leaves California." |
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