The Steps to Launch Tribal Sportsbooks If Prop 26 Passes in California
Voters will have a chance to legalize California sports betting when they go to the polls next Tuesday. But it would be some time next year — maybe late next year — before sportsbooks linked to California tribes even have a chance to launch. There is no projected launch date in Prop 26, unlike Prop […]
How the Prop 26 and Prop 27 Campaigns Failed So Badly in California
The proverbial blood was in the proverbial waters off Laguna Beach when Gov. Gavin Newsom finally took a side. Sure, the incumbent Democrat has previously expressed skepticism about the amount Prop 27 — a bill to legalize online sports betting in California and welcome in large national gambling companies — would actually help the homeless, […]
The Legislative Solution to California’s Sports Betting Stalemate
Recent polls have shown shrinking support for the two California sports betting initiatives. A Public Policy Institute of California poll released in October 2022 found that 36% of likely voters would vote for Prop 26. Only 26% would vote for Prop 27. And those aren’t the only numbers forecasting failure for Prop 26 and Prop […]
CA Card Rooms Making Last Financial Push to Beat Prop 26 in Election
California card rooms are making a final push to defeat Prop 26 in the days leading up to the Nov. 8 election. Led by Commerce Casino, Hawaiian Gardens Casino, and Casino M8trix, No on 26 backers donated nearly $1.3 million in opposition to the in-person California sports betting initiative on Oct. 26 and Oct. 27. […]
If Prop 26 Passes, Racetracks Could Launch Sportsbooks Before Tribes
When Arizona passed its sports betting law in 2021, stadium and online sportsbooks had to wait for federal approval of sports betting at Indian casinos before they could launch. Things would operate a little bit differently with sports betting in California under Prop 26 should the in-person-only sports betting initiative beat the odds and pass […]
10 Sportsbooks Eligible for CA Sports Betting Licenses Under Prop 27
So … Prop 27 needs a miracle to pass in California. This week, a Public Policy Institute of California poll showed both CA sports betting ballot initiatives have poor chances of passing. Of the survey’s 1,111 likely California voter respondents, only 34% planned to vote yes on Prop 26 (in-person sports betting) and just 26% […]
New CA Sports Betting Poll: Prop 27 Is Down 10% With Young Voters
If Prop 26 and Prop 27 weren’t already dead in California, the latest polling data might be the nail in the coffin. In a new survey, conducted from Oct. 14-23 by the Public Policy Institute of California, only 34% of likely California voters planned to vote yes on Prop 26 and just 26% planned to vote […]
California Gov. Gavin Newsom Breaks His Silence: ‘Vote No on 27’
With just under two weeks left before the November 2022 election, California Gov. Gavin Newsom has taken a stance on Prop 26 vs. Prop 27. Newsom said in a statement released Wednesday that he opposes Prop 27, which would legalize online sports betting in California via private sports betting companies partnered with California tribes. “Proposition […]
Gambling Expert: CA May Not Legalize Sports Betting for ‘5-10 Years’
Paul Martino is a Philly guy — Doylestown, actually. But he has a sense for the mood in California after spending 13 years in Silicon Valley as a tech and gambling entrepreneur. The managing partner of Bullpen Capital and early FanDuel investor doesn’t have to make any bold predictions about the dire forecasts for Prop […]
Boyd Gaming Will Finalize Pala Interactive Acquisition in Coming Weeks
Boyd Gaming will complete its $170 million acquisition of Pala Interactive in the coming weeks. That’s according to the gaming company’s third-quarter earnings report, which showed a $877.3 million revenue helped, in part, by the opening of Sky River Casino in Elk Grove, California, which it runs in partnership with the Wilton Rancheria. The Pala Band […]