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Legalized online poker will boost the California budget—Cyberarts
Legalized online poker will boost the California budget—Cyberarts 
With intrastate online gambling now proposed in California, online gaming developer CyberArts explains to NBC that this could be a major economic booster for the state.
Berkeley,
CA,
United States of America
(prbd.net)
17/06/2010
"With intrastate online gambling now proposed in California..."
After much discussion, California has finally proposed online gambling with an intrastate online poker system. Senate Bill 1485 was amended late last June 4, under the leadership of Senator Rod Wright, leader of the Senate Committee on oversight for gambling.
The SB 1485 proposes that the California Department of Justice awards a contract of at least 5 years allowing California-based operators to run online poker websites within the state of California. This is a welcome development, according to Berkeley-based internet gaming software developer CyberArts. CyberArts creates the software to run online gaming sites called Foundation.
CyberArts explained to NBC news that the legalization of online gambling within the state could help California’s economy providing both job opportunities and revenues. CyberArts Founder and Chairman Ken Arnold shared that this could mean more jobs for artists, software designers and engineers, and customer care people to cater to the newly-opened California market. Furthermore, he pointed out, the state would gain back revenues (of around $800 million to a billion) taken out by illegal gambling operators.
In the same newscast, CyberArts SVP for Products and Services Mike Reaves assured their potential and current customers that the company adopts the highest security measures to avoid fraud in their poker software and networks. “Player authentification will be key. Operators will need to make sure that a player has a government-issued identification card – a social security card or a driver’s license – and a valid bank account to ensure that they are who they say they are and they’re of legal age.”
In the past few years, online gambling sites and networks have dramatically resulted in a global surge of poker players, with the industry reportedly earning billions of dollars in revenues. In California, many see the legalization of online gambling as beneficial, expecting it to boost the currently ailing state economy.
About CyberArts. CyberArts is an internet gaming software development and gaming enterprise company founded in 1995 with its main office in Berkeley, California. CyberArts’ products include online gaming software development, custom development, and their universal gaming platform, Foundation. For more information about CyberArts, visit www.cyberarts.com.
About
About CyberArts. Licensing Privately-held CyberArts is the developer of Foundation™, the most technically advanced software platform for online bingo software developer. The most stable licensable platform available, operators can create their own branded, customized gaming service quickly and easily, using any languages and any currencies. The platform supports poker, backgammon, casino, and other games, can be used by operators running cash games or advertising-or subscription-supported free p
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