California’s rich history of fair and competitive card club gaming has been an incredible boon for jobs and tax revenue in the state, and Knighted has been a proud partner in taking it to the next level
Cardrooms operate under some of the strictest regulations of any industry in California, including internal control standards on cage/count operations, security and surveillance, operations, financial reporting, and responsible gambling. Every cardroom employee is required to go through a law enforcement background check in order to be licensed through the state. These regulations are developed by the California Gambling Control Commission, as well as federal agencies such as the Internal Revenue Service. We invite and support this level of governmental oversight, which we believe provides the safest and most transparent environment in the gaming industry.
Cardrooms are responsible for more than 23,000 Californian jobs, providing a stable source of high-quality employment in many underserved areas. We are one of the few industries in the state that offer living wage jobs without requiring employees to have prior training or experience. Cardroom job opportunities serve an important role in helping Californians gain stability through steady employment, becoming productive contributors to their communities.
The cardroom industry generates more than $2 billion in annual economic activity and contributes millions to local communities and the state in tax revenue. In total, California cardrooms collectively generate over $300 million in federal, state and local tax revenues every year.
California cardrooms collectively generate over $300 million in federal, state and local tax revenues every year. In many communities, cardrooms are the largest taxpayer, and in several communities, the locally-owned cardroom provides the majority of general fund tax revenue.
Cardroom tax revenues help communities fund important local services such as park maintenance, police and fire services, and critical infrastructure projects. In many communities, cardrooms are the largest taxpayer, and in several communities, the locally-owned cardroom provides the majority of general fund tax revenue.