Ca lawmakers will mull several state bills that could affect both land and online gambling efforts this year (Image: Michael Macor, The Chronicle)
A brand new California gambling bill approved last week by 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 will go under the microscope of a gaming policy advisory committee comprised of both industry executives and members of the public, with the goal of determining whether the current regulatory structures that are in place are aiding or abetting California’s current and future outlook that is economic.
Furthermore, the panel will review the impact of hawaii’s numerous card clubs on both state and neighborhood indian dreaming online slots tax flows, also as on costs to both. Yee said he is checking out the chance that more non-Indian gaming outfits could help improve California’s ever-struggling coffers to become fuller.
‘Despite the news that is good’ve seen in budget projections, I think it certainly is worth evaluating new revenue sources for our state,’ noted Yee. Once the committee review is complete, the new bill will proceed towards the state Assembly for further assessment.
Needless to say, as Newton so sensibly noted, for every single action there exists a similar and reaction that is equal and nowhere does that hold truer than on the planet of Continue reading