Pechanga Band of Luiseño Indians
New online gambling bill in California
2014-02-13
Reading time 37 seg
(US).- In California the Pechanga Band of Luiseño Indians is prepping their latest online poker bill. They have the backing of at least seven other state tribes. They aim to erect a digital firewall around the Golden State, barring its licensed operators from entering into any liquidity-sharing deals with other US states or international jurisdictions, thereby dooming Nevada’s minuscule online poker market to irrelevancy.
Unlike last year’s bill, the Pechangas are now offering specifics on what it will cost to play in California’s online poker sandbox. The bill calls for a us$5m one-time license fee, while operators would be taxed at 5% of gross gaming revenue, a more favorable regime than the 10% proposed last year by Sen. Lou Correa’s SB678 legislation.
There would be no cap on the number of licensees, who have to be either tribes or licensed card rooms that have been in business for at least five years.
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