California promised to be one of the largest gambling markets in the country, but voters have said no to sports betting.
California voters overwhelmingly rejected sports betting Tuesday in the most expensive ballot proposition gamble in U.S. history. The measure would have allowed sports wagering in California’s territory.
Two different forces advocated the legalization of sports betting in California, on the one hand, the tribes in the state who wanted a monopoly on the market, and on the other, the private companies in the betting industry who also wanted their share.
Both forces had different proposals on how the gambling market should work in California and spent millions of dollars trying to convince voters to support their cause.
California voters do not support online sports betting
The tribes favored the well-known proposition 26, which would have allowed casinos and the state’s four major horse tracks to offer sports betting in person and roulette and dice games at casinos. A 10% tax would have helped pay for the enforcement of gambling laws and programs to help gambling addicts.
For their part, private companies such as DraftKings, BetMGM, and FanDuel promoted proposition 27, which would have allowed online and mobile sports betting for adults.
Large gaming companies would have had to partner with a tribe involved in gambling, or tribes could have entered the market on their own.
Nearly $600 million had been raised in an effort to legalize sports betting in California; all this money was spent for nothing since the state will not have legal gambling, at least in the short term.
“Our internal polling has been clear and consistent for years: California voters do not support online sports betting,” Anthony Roberts, tribal chairman of the Yocha Dehe Wintun Nation, told the Associated Press. “Voters have real and significant concerns about turning every cellphone, laptop, and tablet into a gambling device, the resulting addiction, and exposure to children.”
The measure received criticism for inserting provisions that would have put substantial pressure on card rooms competing with tribal casinos.
Nathan Click, a spokesperson for the Yes on 27 campaign, said the race “has underscored our resolve to see California follow more than half the country in legalizing safe and responsible sports betting.”
The measure received criticism for inserting provisions that would have put substantial pressure on card rooms competing with tribal casinos.
What Californians deserve
“Californians deserve the benefits of a safe, responsible, regulated, and taxed online sports betting market, and we are resolved to bring it to fruition here,” he said.
The measure received criticism for inserting provisions that would have put substantial pressure on card rooms competing with tribal casinos.
“Californians deserve the benefits of a safe, responsible, regulated, and taxed online sports betting market, and we are resolved to bring it to fruition here,” he said.
For several years the tribes of California have managed to capitalize on the casino business in the state.
The industry is estimated to produce $12.8 billion by 2025, showing how lucrative it can be.
A significant gap in the market
As the most populous state in the U.S. and home to Silicon Valley, it’s no surprise that Californians are early adopters of new technology trends.
This is also true regarding gambling, as Californians have been quick to embrace online and mobile gambling.
However, due to the state’s restrictive gambling laws, Californians are forced to look offshore for their gambling needs. This creates a void in the market that other states with more permissive laws are able to fill.
Pay per head bookies can provide Californians with the betting platform they desire while also adhering to the strict laws in place.
This is because pay per head bookies operate outside of California and so are not subject to the same laws.
The pay per head system is a robust one and can easily meet the needs of Californians for betting platforms.
This system provides bookies with all the tools they need to run their business while also giving bettors a safe and easy way to place their bets.
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