Regulated online poker is a reality in New Jersey, Nevada and Delaware, but such states have a combined population of just 12.54 million compared to California's population of 38 million. California’s neighbor, Nevada may be better known for gambling, yet California has a rich gambling history. In fact, the slot machine was reportedly invented in San Francisco, California years before Las Vegas was founded in 1905. The California gold rush of 1849 involved people betting they could strike it rich. Those that found gold often gambled their new-found wealth. California tribal casinos and card clubs have poker rooms that are second-to-none. Commerce Casino in the Los Angeles area boasts that it has the world’s largest poker room with more than 200 tables. It is logical for the state to extend these brick and mortar poker rooms to a regulated framework online. “California’s size gives it unique advantages,” explained Eric Sprague, co-founder of FlopTurnRiver.com to FORBES. “It won’t have the liquidity problems that are faced by smaller states. The size of the state will also be important for other hurdles like deposit issues - California will get the attention of the banks.” Is there a legitimate chance that California gets regulated online poker?
Reported by Forbes.com 17 hours ago.
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