What's Next for Sports Betting in California After Likely Defeat of Props. 26 and 27?

Propositions 26 and 27 are unlikely to pass in California. They would have allowed people to bet on sports events. Young adults are the most enthusiastic about sports betting. However, they are also among the least likely to vote. Online betting corporations that sponsor Proposition 27 scaled back their campaign several weeks ago. The casino-owning Indian tribes are still running anti-Proposition 27 spots.

After the Supreme Court invalidated laws that prohibited sports wagering, 35 states have legalized it. Online wagerings corporations were interested in California. The casino-owning tribes have a near-monopoly on legal gambling in the state. They opposed Proposition 26 and supported Proposition 27. If the measures are rejected, the issue will not go away. It is possible that new measures will be proposed for the 2024 ballot. The tribes would probably dump the in-person waggering concept and seek a monopoly on on-line betting.