Posts Tagged: wagering

News

That sound you hear — ka-ching! — is California’s November ballot

The Barona Resort and Casino in Lakeside, located on the Barona Indian Reservation in San Diego County.(Photo: Sherry V Smith, via Shutterstock)

With California’s statewide top-of-ticket races stacking up as weak-challenger romps, attention – and spending – turns to seven ballot measures, which taken together may well add up to the costliest state election ever. Experts say this could be the year that election-related spending tops $1 billion – a figure more in line with a presidential campaign.

Recent News

Pandemic raises stakes on sports gambling measure

Accessing an online sports betting site. (Photo: wavebreakmedia, via Shutterstock)

For the last two years, the legalization of sports wagering in California seemed like a sucker’s bet. A proposed constitutional amendment in the Assembly went nowhere with lawmakers in 2019, and a similar proposal this year was hardly sprinting ahead like Secretariat.  But with the sudden onset of the coronavirus playing havoc with both ballot measures and the state budget, it might be game-on for legalized sports gambling in 2020 after all.

News

All bets are on: Sports wagering on the table

It’s a safe bet that legalized sports wagering will be an important issue this year in California.

 

There’s a lot more than table stakes in play: In neighboring Nevada, where sports betting is currently legal, fans bet a record $98.9 million on the 49ers-Ravens Super Bowl game. That’s a hefty piece of change.

Support for Capitol Weekly is Provided by: