From Sacramento Business Journal A bill that sought to legalize sports betting in California failed to move by the deadline Friday. Odd are that without a clear national policy in play, no effort will be made on the issue next year in California. Senate Bill 190 was introduced in February by state Sen. Roderick Wright, an Inglewood Democrat. It sought to legalize sports betting at the venues in California that allow legal gambling, which are Indian casinos, card rooms and horse racing tracks. The measure required bets to be made in person, with the idea that the new traffic would…

Red Hawk Casino, underperforming since the day it opened and struggling to pay its bills, moved a step closer Thursday toward gaining financial relief. Gov. Jerry Brown signed into law a new gambling compact that reduces the revenue the state will collect from Red Hawk and its owner, the Shingle Springs Band of Miwok Indians. Brown signed AB 1267 by Assemblyman Isadore Hall, D-Compton, which ratified the new compact the governor signed with the tribe last November. Despite the governor’s signature, the Shingle Springs casino isn’t out of financial trouble yet. The tribe has to restructure $500 million in debt…