does california have legal online sports betting

'This is going to be a half-a-billion-dollar battle for control of the most lucrative betting market in the world.' Sportsbooks vs state tribesĬurrently, gambling in the Golden State is permitted only at racetracks, card rooms, and tribal gaming casinos which control most of the legalized betting activity. sports betting markets,' said Daniel Wallach, a consultant to the leading American sportsbooks, in a recent interview with Politico. Supreme Court that overturned a law banning sports gambling in all states except Nevada.

have legalized some form of sports betting since the 2018 decision by the U.S. and has long been targeted by the major online sportsbooks.Īt present, 35 states and Washington D.C. With approximately 39.2 million residents, California is by far the largest potential gaming market in the U.S. The legislation would finally allow state residents to legally partake in online sports betting that had hitherto been illegal in the Golden State. The confirmation comes after the proponents of the measure obtained more than one million signatures. gaming industry is poised for a major breakthrough, with the news that in November voters will be deciding whether to legalize online sports betting in California, America's wealthiest and most populous state.Ĭalifornia Secretary of State Shirley Weber on Monday confirmed that a bill sponsored by DraftKings, BetMGM, FanDuel, and various industry partners is eligible to be on the state ballot in November.

Does california have legal online sports betting