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california tribes double down against sports betting California’s tribes are still very much opposed to a pair of proposed ballot initiatives that would legalize online sports betting in the state.
Sports betting is illegal in California under existing state law. For the 2022 election, Proposition 27 was one of two ballot propositions to legalize sports betting, the other being Proposition 26. Under Proposition 27, sports betting companies who partner with a Native American tribe could offer online sports betting to those 21 or older.
But Tuesday will likely be when one of the fastest-growing industries in the U.S. gets a reality check, given that two ballot sports betting measures in California are expected to fail.
At last count, an obscene $362 million has been raised to promote or oppose two initiatives to expand legal gambling in California. Column: California's gambling propositions are breaking spending ...
“The entire effort surrounding these initiatives was handled abhorrently by the initiative sponsors,” said the California Nations Indian Gaming Association’s chairman in a statement.
Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and ...
If voters approve new ballot measure in November, online sports betting in California would shatter betting revenue record set by New York.
The proposition would have legalized in-person sports gambling at tribal casinos and horse racetracks in California, as well as additional gambling games such as craps and roulette at tribal casinos, and would have created a 10% tax on profits derived from sports betting at racetracks. Voters rejected the proposal overwhelmingly with more than ...