There’s an ongoing arms race between supporters of California’s Prop 26 and Prop 27 sports betting ballot initiatives ahead of November’s election. Here are the largest monetary donations on the California Secretary of State’s database, as of Aug. 15. Largest Prop 26 Contributions California tribes dominate the list of largest contributions in support of Prop […]
In a recently commissioned California Casinos survey, 62% of respondents who identify as sports bettors or are interested in sports betting said they’re already placing sports wagers online. Recognizing the clear current demand for unregulated sportsbooks is critical for California regulators to understand. Not only is unregulated sports betting driving Californians to offshore sportsbooks. The […]
Two more California education organizations came out on Wednesday against Prop 27, the measure that would legalize online sports betting in the state. The California Federation of Teachers and the Association of California School Administrators both announced they oppose the ballot initiative. Their move comes weeks after the California Teachers Association made a similar announcement. […]
With California sports betting on the ballot this November, voters are busy trying to decide which initiative to support: a tribal-led in-person sports betting initiative under Prop 26, or a sportsbook-led online sports betting initiative under Prop 27. They may also want to look ahead to 2024. That’s when another tribal-led sports betting initiative hopes […]
An influential supporter of Prop 27 is “cautiously optimistic” that California voters will pass the measure in November, allowing mobile sportsbooks to operate in what should be a massive CA sports betting market. DraftKings sent out a press release Friday that focused on revenue statements for the second quarter of 2022. But the release also addressed […]
Caesars is electing to stay neutral on two sports betting propositions going before California voters in November, citing tribal partnerships.
In recent weeks, the latest blows were traded in the fight for California sports betting supremacy. Prop 26 and Prop 27 each released negative ads targeted toward one another. They were the newest pieces of advertising campaigns that have dominated California airwaves and totaled up to $218 million in spending. Those ads are becoming increasingly vitriolic. […]
The heights that California sports betting revenue could reach make California a tantalizing sports betting market. California is the most populous states, at just under 40 million people, and it has enough wealth to support a lucrative sports betting industry. However, the financial terms can be confusing for bettors and analysts outside the sports betting […]