California lawmakers will mull several state bills that could affect both land and online gambling efforts this present year (Image: Michael Macor, The Chronicle)
A new 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 the gaming policy advisory committee comprised of both industry executives and members of the public, aided by the goal of determining whether or not the current regulatory structures that are in place are aiding or abetting California’s current and future outlook that is economic.
Additionally, the panel will review the impact of their state’s numerous card groups on both state and tax that is local, also as on fees to both. Yee said he’s checking out the chance that more non-Indian video gaming outfits could help improve California’s ever-struggling coffers to be fuller.
‘Despite the news that is good’ve seen in budget projections, I think it’s always worth considering new revenue sources for our state,’ noted Yee. Once the committee review is complete, the bill that is new move on towards the state Assembly for further assessment.
Needless to say, as Newton so wisely noted, for every action there is a similar and reaction that is equal and nowhere does that hold truer than on Continue reading “California Legislators Keep to Grapple with Gambling Options”