California 2022 election: A look at ballot propositions

Illustration of dice, cash and a phone message popup with slot machine symbols

(Molly Magnell / For the Times)

Proposal 26 would legalize in-person sports betting on tribal lands and four racetracks. The circuits would pay a 10% tax on sports betting winnings, a portion of which would be used for law enforcement and problem gambling programs. In addition to sports betting, tribes would also be allowed to offer roulette, as well as craps and other dice games if permitted by individual tribal gambling agreements with the state. Betting on high school sports and California college teams would be banned.

Proposition 27 would allow licensed tribes and gaming companies, including FanDuel and DraftKings, to offer online sports betting — including on cellphones and other mobile devices. The gambling companies must belong to a tribe. Both the tribes and the gambling companies are required to pay 10% of the sports bets made, minus expenses, to the state every month.

In addition to covering government regulatory costs, most of the money raised would be used to help fight homelessness and support people with gambling problems. A smaller portion, 15%, would be awarded to tribes not involved in online sports betting.

California’s major player bases support Proposition 26 and fear that the competition created under Proposition 27 would snuff out a large portion of California’s tribal casino gambling market. Supporters and opponents of both measures have already poured hundreds of millions of dollars into the campaigns. California 2022 election: A look at ballot propositions

Alley Einstein is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button