Tag: sports betting in California
Proposed Sports Betting in California Gets Hostile
The November elections are closing in faster that it seems, and sports betting in California is in the cross hairs. There will be at least two competing ballot measures put before voters, both of which seek to legalize and regulate the activity. But that’s about the only thing they have in common. One measure would allow online betting, while the other would be strictly retail. Some say one measure would give Tribes a monopoly, and the other would hurt local tax revenues. One measure is estimated to bring the state $3 billion in revenue annually, while the other would generate…
Plans for Sports Betting in California Convoluted
Any hope of sports betting in California will , state residents will eventually come down to the voters. Perhaps as soon as this fall state residents will be able to decide between ballot measures aimed at regulating the activity. But is would also be understandable if they were so sick of the political bullshit in the state that they just didn’t care. First, there’s the struggle between state card rooms, national operators, and Tribal gaming interests. Each wants the biggest piece of the action they can get. Each would love a monopoly on the action, if we’re honest. And that’s…
Sports Betting in California Gets Hearing Date
Lawmakers considering sports betting in California are gathering witnesses for their first hearing of this year. Legal Sports Report reports that the legislature there would tentatively like to have those witnesses and other experts in Los Angeles to testify on November 20th. Though sports betting bills have been popping up in California for years, members of the General Assembly have taken nothing more than a cursory look. The state’s complicated gaming landscape and the ongoing feud between the state and tribal gaming make passing related legislation a tall task. The tribes have exclusivity over certain forms of gambling in California,…