Proposed Sports Betting in California Gets Hostile

The November elections are closing in faster that it seems, and sports betting in California is in the cross hairs. There will be at least two competing ballot measures put before voters, both of which seek to legalize and regulate the activity. But that’s about the only thing they have in common. One measure would allow online betting, while the other would be strictly retail. Some say one measure would give Tribes a monopoly, and the other would hurt local tax revenues. One measure is estimated to bring the state $3 billion in revenue annually, while the other would generate…

The post Proposed Sports Betting in California Gets Hostile appeared first on This Week in Gambling.