DraftKings Is ‘Cautiously Optimistic’ Prop 27 Will Pass in California
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 […]
California Sports Betting: Why Caesars Isn’t Picking Sides in Prop 26 vs. Prop 27
Caesars is electing to stay neutral on two sports betting propositions going before California voters in November, citing tribal partnerships.
Fact-Checking Latest Prop 26, Prop 27 Attack Ads in CA Sports Betting Battle
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. […]
California Sports Betting Revenue: An Insider’s Guide
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 […]