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Chairman of U.S. Digital Gaming reacts to California Senate President Pro Tem Darrell Steinberg's Letter

24 Aug 2011

LOS ANGELES, California -- (PRESS RELEASE) -- “We embrace Senator Darrell Steinberg’s commitment to getting this important online gaming legislation completed properly and with a focus on creating a successful, healthy long-term industry. There has been good progress in California this year in moving forward and, Senator Steinberg’s support of online gaming is a positive step towards state-by-state approvals, where the states have the right infrastructure for regulation and marketing and a myriad of stakeholders,” said Richard D. Bronson, Chairman of U.S. Digital Gaming. “There is no question that the stakes are high for online gambling in California. With a population of nearly 40 million and among the highest household incomes in North America, gambling experts predict that the online market is bigger than that of England, France and Spain combined, where the online business has been flourishing for years. The potential new state tax revenue could help dramatically boost the state’s economy.”

Bronson added: “As a California-based online gaming company, we see the possibility of either a Federal or State-by-State legalization scenario. We are of the belief that when it comes to protecting California’s divergent interests, a State bill would be the best bet to equitably protect local Native American operations, the horse racing industry and California’s card rooms. Given the state’s serious economic imbalance, California still has a window to be first to the table with serious legislation to legalize online gaming and generate new tax revenue quickly.”

ABOUT U.S. DIGITAL GAMING (USDG)

U.S. Digital Gaming is the developer of the most comprehensive US-based “end-to-end” business solution for legalized online gambling. USDG enables key operators and states to conduct Internet gambling by providing a full suite of consumer facing games, and all essential “back of house” security, banking, player management, fraud prevention and other functionalities required for legally compliant online gambling in the US.
 
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