Hopes dim for California online poker legislation during 2017. Another Las Vegas poker room closes. Find these stories and more in today’s Hit and Run.
California Appears to Shelve Online Poker for 2017
According to a report from Online Poker Report, California online poker efforts appear to be hitting the brakes for 2017. Always a long shot this year, some had hoped it could surprise during this year’s session.
The major sticking point in negotiations continues to be PokerStars’ suitability to operate in the market. Legislation originally called for a $20 million fine for PokerStars operating in California after 2007. A 5 year ban was ultimately added for all poker rooms that took wagers after 2007. The Assembly got close but failed to pass a bill with the new amendments last year. The efforts of 2016 ultimately doomed any chance for momentum this year.
In order for the bill to move forward, Assemblyman Reggie Jones-Sawyer, a leader of efforts to pass a bill says a healing process will need to take place. “We have to start from scratch and make sure every pillar we have is solid so if there’s any glitch it doesn’t unravel the whole thing. Part of this is trust, bonding and getting everyone in a feel-good position, so as we’re getting to a solution it’s not so paper thin that it falls apart.”
Despite the setbacks for California, Eric Hollreiser, a vice present at PokerStars was quoted as saying the poker room is still committed to helping online poker become regulated in the state. “Absolutely. California is one of the best poker markets in the world.”
– The Monte Carlo Casino in Las Vegas has closed its poker room. With the closing of the eight-table room, Las Vegas strip area now has 19 poker rooms with less than 270 tables. At the height of the poker boom in 2007, Las Vegas strip casinos had 26 poker rooms with a combined 396 tables.
– Poker vlogger Jaime Staples has a weight loss bet with his brother Matt. The pair will receive $150k if they come within 1 pound of each other in the next year. Check out their most recent weigh-in below (h/t F5poker).
– Grinderschool poker training series on 6 max cash games concludes with continuation betting. Watch the last part of the series here.
The post Hit and Run: California Online Poker Stalls for 2017; Las Vegas Monte Carlo Poker Room Closes appeared first on Part Time Poker.
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