New California Online Poker Bill Introduced

As reported by CardPlayer.com:

California will have another chance to legalize real-money online poker this year with a new bill introduced Friday by two Golden State lawmakers.

Assemblyman Adam Gray and Assemblyman Reggie Jones-Sawyer put forth the state’s latest attempt at regulating the card games, AB 2863. The online poker-only legislation comes about six weeks after a separate online poker bill from Jones-Sawyer was pulled from a hearing agenda.

AB 2863 calls for race tracks in California to receive up to $60 million in revenue sharing per year from online poker operators, in exchange for the horse racing industry not being in the space. Under the proposal, only tribal casinos and card rooms could be online poker operators. Service providers, like a PokerStars, would also be allowed in thanks to partnerships with operators. …

Click here to read the full story