BUSINESS

CGA okays SB 40 in CA

TAGs: California, Online Gambling

CGA-okays-SB-40-in-CAThe brainchild of Senator Lou Corea, Senate Bill 40 may be the most ambitious bill on the docket, but it would legalize and regulate online poker sites based in the state to both create jobs and draw tax revenue into the state. Yet where this bill stands above the others is the support of the California Gaming Association (CGA).

The CGA represents 69 licensed card clubs in California, more than 75 percent of the state’s licensed gambling establishments. It has thrown its weight behind the bill because it will keep poker revenue in the state, as opposed to international providers.

“Senate Bill 40 will help revitalize the state’s economy while protecting players,” said Rob Ross, CGA’s Executive Director. “This bill is an opportunity for licensed card clubs to participate in a new and rapidly evolving technology, should they elect to do so.”

 

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