California online sports betting proposition on track to be voted down
![California online sports betting proposition on track to be voted down](/img/li/california-online-sports-betting-proposition-on-track-to-be-voted-down-3.jpg)
FanDuel and DraftKings are betting on Proposition 27 to be voted down. The other betting initiative, Proposition 26, is also losing. $310 million was spent on ads for and against Prop 27. Tribal casinos are spending $150 million to counter the $300 million for Prop 26. California's tribal casinos generate an estimated $8.41 billion in annual gaming revenue. They promised to build homes, schools and public-safety facilities with their gambling revenue to improve citizens lives and create 150,000 jobs.