Sports betting bill proposed in California

Lawmakers in California have introduced a new sports betting bill.

LosAngeles

Assemblyman Adam Gray and Senator Bill Dodd are joint sponsors of the bill and want to see the black market of sports betting eradicated from the US' most-populated state.

The constitutional amendment would need to be ratified by California citizens in a state-wide ballot.

On bill ACA 16, Dodd said: "By legalising sports wagering, we can avoid some of the problems associated with an underground market such as fraud and tax evasion while investing in problem gambling education."

Meanwhile, Gray wants to "shine a light on this multibillion-dollar industry."

He added: "All other gaming activities in California are subject to regulations that ensure the safety of consumers. Sports wagering should be treated no differently."

The bill does however, face a significant challenge before being written into law: tribal gaming operators control gambling in California and would have to approve the bill.

While they would undoubtedly be interested in offering the vertical, they would likely be against private companies entering the market.

The state has been trying to pass an online poker bill since 2008, but has so far failed to overcome this same hurdle.

Premium+ Connections
Premium

Revsharks

 
Premium

RISK

 
Premium

Lynon

 
Premium

Digitain

 
Premium

Sport Generate

 
Premium

PIN-UP Partners

 
Premium

Galaxsys

 
Premium

GammaStack

 
Premium

1xBet Partners

 
Premium

Imagine Live

 
 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...