California Flag California voters will determine this week whether The Golden State will join the booming US online sports betting industry as two competing initiatives take the ballot in the 2022 midterm election.
The ballot initiatives, Proposition 26 and Proposition 27 , are the result of an expensive battle between industry leaders like DraftKings and FanDuel and California’s Native tribes who hope to maintain their dominant position in the state’s gambling market.
As The Washington Post reported on Nov. 3, “The expected result of financial juggernauts spending more than $400 million on clashing ads for and against dueling sports betting propositions: mutual defeat. Polls have suggested both propositions probably will lose, victims of widespread voter confusion and apathy. The campaigns have slowed spending, and sports betting executives have signaled they are now focused on trying again with California voters in 2024.”
Disclosure: FanDuel is a part of Flutter Entertainment, a holding company that PokerStars and PokerNews are also part of. Proposition 26: Sports Betting in Tribal Casinos
The first initiative, Proposition 26 would allow “in-person sports betting at racetracks and tribal casinos” and change the California Constitution and state law “to allow the state’s privately operated racetracks and tribal casinos to offer sports betting.”
In addition to legalizing in-person sports betting, Proposition 26 would also allow roulette and games played with dice at tribal casinos, which currently offer card games like poker and blackjack.
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Supporters of the proposition, including the Federated Indians of Graton Rancheria, Pechanga Band of Indians and Yocha Dehe Wintun Nation , say that passing it will lead to “increased state revenues, possibly reaching tens of millions of dollars annually,” some of which “would support increased state regulatory and enforcement costs that could reach the low tens of millions of dollars annually.”
According to Cal Matters , opponents argue that “the new gaming law enforcement mechanism will be used by tribal casinos to sue competing card rooms and drive card rooms out of business.” Replay Poker Proposition 27: Online Sports Betting In contrast to the in-person sports betting proposal is Proposition 27 , which […]
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