In the Golden State, there is new momentum regarding sports wagering legislation in the state, but it does come with some caveats. Per one recent report, two men relatively unknown in the sports regulatory world are trying to bring legal sports gambling to California. These initiatives were introduced by two men, Reeve Collins and Ryan Tyler Walz. However, experts say there’s just one problem. According to the same report, “it seems like it’s something for the tribes, but it’s not necessarily by them.” The California Nations Indian Gaming Association said not only do they not support these measures, but they weren’t involved in their planning.
In this article, SBS will be going over what to look for from the latest gaming notes and news coming from California and more wagering news.
According to the same report, for many, sports are a way of life, and as popularity grows, so does the popularity of sports betting. As many regular readers of this space are aware, it is not legal in California yet, but it could lead to a lot of revenue if it was. “California sports betting would likely be the most profitable and largest sports betting market in the country,” Sports Betting Dime sports betting regulatory reporter and editor Robert Linnehan said in a recent article. This is why another potential sports gambling legalization ballot measure has been introduced.
Per another gaming insider, Covers.com sports betting analyst Geoff Zochodne, has an overview of what this new gaming bill looks like. “It would be exclusive to the state’s Native American tribes who offer sports betting in person at their casinos or across the state online using apps that would be branded with the tribes’ branding.” Zochodne says they have learned that the state’s major tribes have to be involved in a deal in order for it to pass.
As noted in the same report, the California Nations Indian Gaming Association said not only do they not support these measures, but they were not even involved in their planning. Saying in a statement, “Decisions driving the future of tribal governments should be made by tribal governments. While the sponsors of these initiatives may believe they know what is best for tribes, we encourage them to engage with Indian Country, and ask, rather than dictate.” Moreover, Linnehan and the report noted that Collins and Walz are unknown in the sports betting regulatory world.
Linnehan says these measures likely won’t make the ballot because they were submitted too late to try and get the necessary signatures needed for approval. However, the odds of other attempts to legalize sports gambling in California are pretty good. “California is simply too big of a prize,” Linnehan said. “There’s too much money for sports betting operators to leave this alone. There’s too much money in taxes for the state to ignore. This is certainly not going to be the last time you hear somebody try to legalize sports betting in California.”
After you are all squared away regarding the latest news and notes coming from California, make sure to also tap into the wide variety of information for you at SBS. Of course, for even more information on the topic at hand, our California sports betting guide has you covered with all the latest news and info about sports wagering progress in the Golden State. Moreover, if you are looking to maximize your wagers then make sure to peruse our best bonus betting sites rundown. Here you can find a catalog of the best welcome bonus offers available to you and how you can use them to your benefit. Finally, for those on the go, the best betting apps breakdown is a fantastic resource where you can learn more about the perks of mobile betting and how you can stay on top of the action.