The final concern is that it could result in minors gambling, using the anonymity of the Internet.Ĭan policymakers address these concerns and secure much-needed revenue for California? I think so, and I am prepared to introduce legislation that does just that. The third concern is that online poker would foster money-laundering and cheating. The second concern is that small- and medium-sized operators would be unable to participate in the market, meaning that only big businesses would benefit. The first is that because gaming budgets are finite, online play would reduce visits to local “brick-and-mortar” gaming and hospitality establishments. This is why legalization proponents assert that California would realize significant revenue for merely regulating and legitimizing an industry that Californians already participate in but send their dollars overseas. And the market research company PokerScout estimated that the legalization of online poker in California has the potential to generate up to $263 million a year. In 2013, Geoff Freeman, the president and CEO of the American Gaming Association testified before Congress that Americans spent nearly $3 billion on illegal, unregulated offshore gaming sites in 2013. The profits flow entirely out-of-state, often to games that are poorly regulated and policed. Although online poker is illegal in California, foreign-based games accept California customers. Nevada, New Jersey and Delaware have legalized online poker, but Californian has failed to take action. Department of Justice recently changed its policies and now allows states to legalize online poker. California is an innovator in all things computer-related, with one major exception: online poker. Millions of Californians also regularly play poker, and like everything else, poker gameplay is migrating online. But the truth is that the two men, along with their cadre of advisers, blew off some steam and passed the time playing poker. One might suspect that they passed the time during their long journey discussing geopolitics, world economics, or any number of issues that faced the free world in the aftermath of World War II. to Missouri, where Churchill was to give his famous “iron curtain” speech that would shape American foreign policy for decades. On March 4, 1946, President Harry Truman joined Winston Churchill for a train ride from Washington D.C.
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