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California Tribe Signs Deal With bwin.party For Online Poker Platform

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If and when California’s legislature approves in-state online poker, the United Auburn Indian Community is set to move forward using technology from the online poker giant bwin.party.  The tribe owns and operates the Thunder Valley land-based casino near Sacramento and is looking ahead to what they believe is the inevitable launch of Internet gambling in California.

The agreement between the tribe and bwin is a ten-year arrangement, with the contract beginning on the date that online poker launches in the state.  Since the tribe is federally recognized and already operates a casino in California, it would be an eligible operator under the online casino legislation currently under consideration in the state capitol.  The Internet Gambling Consumer Protection and Public-Private Partnership Act of 2012 would license, regulate and tax Internet gambling in California.  Taxes proposed in the bill are considerable, including a $30 million licensing fee that would be credited against an ongoing 10% tax on gross revenues.

In an article in the Sacramento Bee, the bwin co-CEOs are quoted saying “California is the largest state in the U.S. in terms of population and is known to have a significant number of poker players who like to play poker online.  Combining our own significant assets and resources with those of UAIC will create a strong partnership that is well-placed to seize the opportunities that will arise if appropriate online poker legislation is enacted in the Golden State.”

Author:

Kenneth R Smith is a blackjack tournament expert who has appeared on nearly every televised event in that field. He is excited to see the arrival of fully regulated, taxed, and trustworthy Internet gambling in the US.

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