The LA Times was a co-sponsor of a study conducted by UC Berkeley’s Institute of Governmental Studies, which discovered that the majority of Californians favor the legalization of sports betting. Approximately 45 percent of potential voters in California say they are inclined to support sports gambling legalization, compared to about 33 percent who are inclined to vote against it. A sizable number (22%) indicate they are still uncertain on the subject. Would it be a positive or negative step for the state? Read on to find out more.
Sportsbook of the Month: Betway
Part of the reason legalizing sports betting has stagnated in California is that opposing groups have neglected to show support. For example, native organizations, who currently manage casinos, have come out against the proposal, thwarting legalizing attempts. However, it will be up to California voters in November to determine whether sports betting will be authorized in the state. This November, California voters will be asked to vote on whether or not to authorize sports betting by voting on a ballot proposition that would amend the state bill to allow for it.
New York’s authorization of online sports betting was a significant step in the industry. In the United States, 32 states have permitted sports betting, but only 18 have authorized mobile wagering. The online sports betting sector in New York is estimated to generate $1 billion in yearly income. With the East coast earning substantial revenue from the sports betting industry, it could be a beneficial step for Californians and something they will have to think about when asked to make their decision in the fall.