New California gambling regulations soon taking effect threaten San Jose card rooms: Here's how
New California regulations banning traditional blackjack and altering game play threaten San Jose card rooms and their significant tax revenue contributions.Summary
New regulations approved by the California Office of Administrative Law and stemming from the California Department of Justice are poised to significantly impact card rooms throughout the state, particularly those in San Jose. These rules include banning traditional blackjack and enforcing stricter player-dealer rotation. Rob Lindo, Vice President of Casino M8trix, anticipates a loss of at least 50% of their business, potentially jeopardizing the viability of the casino. The city of San Jose has urged the state to reconsider, citing the $30 million in annual tax revenue generated by M8trix and Bay 101, which funds essential services like police, fire, and homeless services. A loss of revenue could also lead to layoffs among the casinos’ 750 employees. Residents expressed concern about having to travel further to play their favorite games.
(Source：Abc7 News)