Game time: California to decide dual sports betting measures

LOS ANGELES (AP) — The gaming industry and Native American tribes are spending hundreds of millions of dollars in the most expensive ballot question campaign in U.S. history to push for a proposal to legalize sports gambling in California.

But voters are casting their ballots in Tuesday’s midterm elections he may not want any part of the action.

Californians are inundated with advertising That’s because proponents seek to legalize sports gambling at tribal casinos and horse tracks, or by allowing mobile and online gambling.

With a multibillion-dollar market at stake, backers raised nearly $600 million, 250% more than Uber and Lyft’s 2020 peak. Other app-based ride-hailing services to prevent drivers from becoming eligible employees for benefits and job protection.

However, according to pre-election polls, both ballots are struggling for a majority. If both are approved, the California Constitution states that the person with the most votes wins.

More than 30 other states allow sports bettingBut gambling in California is currently limited to Native American casinos, horse tracks, card rooms and state lotteries.

Supporters of both initiatives are proposing different ways to offer sports gambling, each touting other benefits that would come to the state if their measures pass.

Proposition 26 would allow sports betting at casinos and the state’s four horse tracks. The Coalition of Tribes initiative will allow casinos to play roulette and dice.

The 10% tax will help enforce gambling laws and programs to help gambling addicts.

Proposition 27 would allow online and mobile sports betting for adults. Larger gaming companies may need to partner with tribes involved in gambling, or tribes may enter the market themselves.

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The event is sponsored by DraftKings, BetMGM and FanDuel, the latter of which provides official odds for The Associated Press, along with other national sports betting operators and a few tribes.

The initiative is backed by promised tax revenue to help the homeless, mentally ill and poor tribes not enriched by casinos.

Both would increase state revenue, the nonpartisan Legislative Analyst’s Office found, but by how much is unclear. Proposition 26 could bring in tens of millions of dollars, while Proposition 27 could bring in hundreds of millions of dollars, officials said.

However, this income can be offset if people spend their money on sports gambling instead of shopping or buying lottery tickets.

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Gov. Gavin Newsom, a Democrat, has not commented on either proposal, but said Proposition 27 is “not a homeless initiative.”

The California Republican Party opposes both proposals. State Democrats oppose Proposition 27, but remain neutral on Proposition 26. Major League Baseball supports Proposition 27.

The No on Prop 26 campaign, funded primarily by card rooms, claims the measure would give a few wealthy and powerful tribes a “virtual monopoly of all gaming in California.”

Committee 27 believes the proposal is based on deceptive promises, with the game companies behind it saying it “wasn’t written for the homeless, it was written by themselves.”

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See AP election coverage at: https://apnews.com/hub/2022-midterm-elections

Check out https://apnews.com/hub/explaining-the-elections Learn more about the issues and factors involved in the 2022 midterm elections.

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