With two different measures to be placed in front of California voters at the ballot box this November, Cole Rush examines what the future may be for betting in the most populous state of the US.
California voters will have the opportunity to decide the fates of two sports betting initiatives in 2022, whittled down from an initial four. Talk of the Golden State’s path to legalization is reaching a fever pitch, with two very different approaches competing for the public eye and, more importantly, the public vote.
There’s a lot to unpack when looking at California’s potential as a sports betting market. The state’s gambling has historically been dominated by tribes, with racetracks and card rooms gobbling up a small percentage of market share. The state’s tribes have a proposal on the ballot, but it must compete with a rival proposal set forth by major brands such as DraftKings, FanDuel, BetMGM. To read the complete news click the link below: