Legal California Sports Betting took a giant leap forward yesterday when a powerful coalition of Native American tribes filed a ballot measure for the 2020 election to change the state constitution to allow legal California sports betting.
Tribal gaming enjoys strong constitutional protection in California, where they generate upward of $7 billion annually. Under the proposed ballot Native American tribal casinos and racetracks would be allowed to offer retail sports betting with no wagering on sporting events in which any California college team participate. Which is a very interesting restriction. It comes across almost as an admission of guilt that they openly acknowledge that match fixing could become present if the ballot was to pass. Why should an out of state or even offshore sportsbook be able to offer betting on a California based team yet those present in California could not? It reads as if tribal gaming alone would not be effective in monitoring and managing the control of betting.
Other major factors on the proposed ballot include
- no online sports betting. This appears as the Tribes trying to get out in front of a proposed online sports betting ballot, that would greatly impact their business and revenue. Online betting in California is absolutely essential to wiping out the illegal market. With no online betting in the State of California illegal offshore Sports books are going nowhere. Online betting would also have a major negative impact on Tribal gaming revenue, which is why its expected they are against online betting.
- Tax sports betting revenue at 10%, and direct money derived from sports wagering to public safety, mental health programs, education, and regulatory costs.
Quote by chairman Mark Macarro:
“Californians should have the choice to participate in sports wagering at highly regulated, safe, and experienced gaming locations. We are very proud to see tribes from across California come together for this effort, which represents an incremental but important step toward giving Californians the freedom to participate in this new activity in a responsible manner.”
Michael McCabe response – I ask you Mr Macarro, if tribal gaming is to offer legal, regulated and safe wagering why are Californians not aloud to bet on their own College sports?
The current ballot put forward by tribal gaming whilst a step in the right direction is not the right path for California. With the 5th largest economy in the world, a state responsible for 62% of Las Vegas revenue, leaving online sports betting out will breathe life into an illegal market that we must eliminate to be successful.
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