The amendment would prevent PokerStars, which has roughly 70 percent of the global online poker market, from being involved right out of the gate in what's considered the nation’s largest online poker market. PokerStars facilitated games for Americans until 2011, before the government indicted its former owners. The corporate settled without admitting to any wrongdoing, then was sold to Amaya Gaming for $4.9 billion.
Though PokerStars has partnered with the Morongo and San Manuel Mission Indians, in addition to the Commerce Casino, Bicycle Casino and Hawaiian Gardens, for online poker should it become legal, some politically powerful tribes, which formed a bunch referred to as the Pechanga coalition, have opposed any involvement by PokerStars. The five-year exclusion period reportedly is being touted as a compromise to assuage the Pechanga coalition.
“This deal should secure two-thirds [vote] within the Assembly,” Assemblymember Adam Gray’s office reportedly said. Should the vote happen within the Assembly, and may it's a positive one, the bill would move to the Senate for consideration. But there’s only about two weeks left within the legislative session.
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