As an avid sports bettor and industry professional, I am supporting Proposition 27 this November.
The ballot will have two choices for sports betting in the state.
Proposition 27 allows major gaming corporations, such as DraftKings, FanDuel, BetMGM, etc., to partner with California gaming tribes to conduct sports betting with a major emphasis on mobile wagering, basically permitting tribal-sponsored betting from your home computer or hand-held device.
This should result in revenues for state social programs that focus on homelessness, mental health, and substance abuse treatment that is expected to be in the mid-hundreds of millions of dollars (approx. $500,000,000) annually.
Some tribes that don't have gaming pacts with the state would receive 15 percent of the generated revenue.
Proposition 26 would allow for sports betting in-person only at tribal gaming properties, as well as, four racetracks, including Del Mar. This proposal would not include mobile wagering, at least not any time in the foreseeable future.
The initiative also allows tribes to expand their current pact for the number of table games allowed and also would loosen restrictions on the current form of roulette and craps that is currently used in favor of the more widely-used, traditional procedures.
This proposal would result in tens of millions of dollars ($10-20,000,000) annually for the state of California through fees shared with the state by the tribes.
Proposition 26 is endorsed by all three major local tribes - Barona, Viejas, and Sycuan, which would likely host retail sports betting in what surely would be a thrilling sportsbook atmosphere.
As a former employee at three of our tribal casinos, I am thrilled that they are ready to take part in the sports betting experience that I have loved for all of my adult life, I just wish they would be more open to off-reservation mobile wagering.
Should both initiatives pass, the one with the most YES votes will be the proposal used to conduct sports betting in California, possibly as early as the 2023 football season, pending possible court challenges.
If both fail, then no sports betting will take place in the state for now. I hope tribes decide to partner with the corporations should their proposal fail to pass or lose the popular vote in November.
I am not making my determination to support Proposition 27 over Proposition 26 because it would take away the tribes' exclusivity to conduct sports betting, I am just in favor of betting with a licensed operator from anywhere in the state because that is my desire.
My hope is that Proposition 27 passes ahead of Proposition 26 but that tribes benefit as much as possible from the relationship with their corporate partners in the booming sports betting industry.
Mony
The ballot will have two choices for sports betting in the state.
Proposition 27 allows major gaming corporations, such as DraftKings, FanDuel, BetMGM, etc., to partner with California gaming tribes to conduct sports betting with a major emphasis on mobile wagering, basically permitting tribal-sponsored betting from your home computer or hand-held device.
This should result in revenues for state social programs that focus on homelessness, mental health, and substance abuse treatment that is expected to be in the mid-hundreds of millions of dollars (approx. $500,000,000) annually.
Some tribes that don't have gaming pacts with the state would receive 15 percent of the generated revenue.
Proposition 26 would allow for sports betting in-person only at tribal gaming properties, as well as, four racetracks, including Del Mar. This proposal would not include mobile wagering, at least not any time in the foreseeable future.
The initiative also allows tribes to expand their current pact for the number of table games allowed and also would loosen restrictions on the current form of roulette and craps that is currently used in favor of the more widely-used, traditional procedures.
This proposal would result in tens of millions of dollars ($10-20,000,000) annually for the state of California through fees shared with the state by the tribes.
Proposition 26 is endorsed by all three major local tribes - Barona, Viejas, and Sycuan, which would likely host retail sports betting in what surely would be a thrilling sportsbook atmosphere.
As a former employee at three of our tribal casinos, I am thrilled that they are ready to take part in the sports betting experience that I have loved for all of my adult life, I just wish they would be more open to off-reservation mobile wagering.
Should both initiatives pass, the one with the most YES votes will be the proposal used to conduct sports betting in California, possibly as early as the 2023 football season, pending possible court challenges.
If both fail, then no sports betting will take place in the state for now. I hope tribes decide to partner with the corporations should their proposal fail to pass or lose the popular vote in November.
I am not making my determination to support Proposition 27 over Proposition 26 because it would take away the tribes' exclusivity to conduct sports betting, I am just in favor of betting with a licensed operator from anywhere in the state because that is my desire.
My hope is that Proposition 27 passes ahead of Proposition 26 but that tribes benefit as much as possible from the relationship with their corporate partners in the booming sports betting industry.
Mony