California online sports betting proposition on track to be voted down

Summarized by: Live Sports Direct
 
California online sports betting proposition on track to be voted down

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.


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