Tribes in California felt in control of the postponement of sports betting after the 2022 loss. However, the growth of DFS and an increase in illegal operations are forcing leaders to reevaluate speeding up the legalization process.
Tribes felt in control of when internet sports betting will start after California sports betting was decisively defeated in the 2022 election.
That is undoubtedly the case with traditional, regulated online sports betting companies. However, new competition is filling the gap, making some question if the California sports betting push has to come sooner rather than later.
READ MORE: New Orleans horse betting will resume in November.
At an SBC Americas panel, Jason Ramos, the chairman of the Blue Lake Rancheria Tribal, stated, “There was a conversation that we weren’t going to talk about sports wagering until ’28 or ’30.” “I think we need to get together and really have that conversation now that some of the other players are already operating illegally in the state.”
Of the three, parlay-style daily fantasy sports competitions have been around the longest. Players may construct a DFS entry using a variety of products, just like they would with a prop parlay on a sportsbook.
Courtesy: https://www.covers.com, https://www.casino.org, https://pechanga.net
Golf betting has exploded in popularity across the United States as more states legalize sports…
A vote to authorize internet sports betting is currently being pushed by the tribal group…
The NFL Draft isn’t just a marquee event for teams and fans, it has become…
Sports betting has exploded in popularity across the United States since the Supreme Court struck…
In sports betting, not all wagers are created equal. Every day, thousands of bets flood…
For most NFL fans, Monday Night Football is the final act of the week. For…