Sports Betting Legalization Unlikely in California
More than half of the states in the US have legalized wagering on sports. However, it looks like sports betting legalization will be difficult in California. Voters are unlikely to vote for two measures to make sports gambling legal in the state.
Proposition 26 would allow in-person wagering on sports in Tribal casinos. On the other hand, Proposition 27 would allow online sports betting. Also, Prop 27 has a provision that would fund initiatives for homeless housing via tax revenue from sports betting.
According to a recent from the Berkeley Institute for Governmental Studies, Prop 26 is behind 11 points, and Prop 27 is down by 36 points. Although supporters of both measures spent millions on ads, it looks like people are not buying what they have to offer.
Sports Betting Legalization in California
According to PPH sportsbook sources, groups for and against both measures spent over $400 million in ads. Tribes spent more than $200 to support Prop 26 and against Prop 27. On the other hand, betting firms spent around $150 million to support Prop 27.
A group of cardrooms operating in California spent thousands of dollars on the No on 26 campaign. According to a political news forum, they would not have access to sports betting if Prop 26 passes.
According to a Berkeley poll, Californians who hadn’t seen the ads were evenly split on the two propositions. However, those who had seen the ads were overwhelmingly against both proposals.
Some experts think the ads against Prop 27 might have confused voters into voting NO on both propositions.
According to a survey, Californians have a significantly more favorable impression of Native American communities than online betting sites like DraftKings and FanDuel, which frequently promote during broadcast sports events.
According to fun facts about lines and odds, a 2018 Supreme Court ruling lifted a federal restriction on authorizing sports betting for most states, paving the way for these relatively recent changes in American culture. Meanwhile, since President Reagan signed the Indian Gaming Regulatory Act into law in 1988, casino gambling on Native American land has been entirely lawful.
New York is one of the 25 states that allow online sports betting, and the law taxes sportsbooks’ revenue at a staggering 51 percent. In contrast, each corporation providing Californians with access to internet gambling would be charged a $100 million licensing fee and an additional $10 million every five years under Proposition 27.
