Ca lawmakers will mull several state bills that could affect both land and online gambling efforts this season (Image: Michael Macor, The Chronicle)
A fresh California gambling bill approved week that is last the State Senate could up taxes and review regulatory procedures on the Golden State’s ever-expanding gaming industry. Introduced by Sen. Leland Yee (D-San Francisco), SB 601 goes under the microscope of a gaming policy advisory committee comprised of both industry executives and members of the public, with all the goal of determining whether the current regulatory structures that are in place are aiding or abetting California’s current and future financial outlook.
Also, the panel will review the impact of hawaii’s numerous card groups on both state and tax that is local, also as on fees to both. Yee said he could be checking out the possibility that more non-Indian video gaming outfits may help boost California’s ever-struggling coffers to become fuller.
‘Despite the news that is good’ve seen in budget projections, I believe it is usually worth considering new revenue sources for our state,’ noted Yee. Once the committee review is complete, the new bill will proceed to your state Assembly for further assessment.
Needless to say, as Newton so wisely noted, for each and every action there’s a similar and reaction that is equal and nowhere does that hold truer than in the world of gambli Continue reading “California Legislators Continue to Grapple with Gambling Options”