The state of California could legalize sports betting in 2020 according to an initiative that was proposed on Monday, June 11th by a political consultant of Cali card clubs. Mr. Russell Lowery said that the citizens of the Golden State will have an opportunity to express their opinion on a November ballot in two years including online and out-of-state gambling services, as well as sports leagues. The gaming industry has shown interest in a ballot and after a formal request, Lowery contacted the state attorney general’s office to assemble a title and formulate a possible initiative.
According to Lowery, two major aspects in betting on sports need to be taken seriously – consumer protection and revenue. The state could generate additional income from legal activity and the public could feel safer in a regulated gambling environment. Thanks to the U.S. Supreme Court’s decision to lift a federal ban on sports wagering, the state is entitled to propose a separate bill in the California Legislature. However, the talks have only just begun, and Lowery cannot reveal the identity of the gambling companies that have expressed interest in a ballot measure.
Meanwhile, republican gubernatorial candidate, John Cox, announced President Trump’s full support, as well as a campaign against Democrat, Gavin Newsom. The November general election is not going to be all about Trump, since he is viewed unfavorably in California. Still, Trump’s recent endorsement played a major role in Cox’s ability to consolidate the GOP vote and the candidate is now ready to redeem for the 2016 election, when he voted for Libertarian, Gary Johnson.
Newsom expressed his opinion on Monday night, while responding to Trump’s tweet, in which he congratulated Cox on his second-place finish. The Democrat has also asked the President to come to California and campaign for Cox as much as possible.
Source:
“Initiative To Legalize Sports Betting In California Proposed For 2020 Ballot”, latimes.com, June 12, 2018.
mushroomjazz
6 years ago
Full Member
With what used to be the fifth largest economy in the world, the State of California is leading the way in how not to treat their tax generating businesses, which have left the State in droves in recent years. Looks like the career politicians have figured it out though. They figured out how to plug the drain of fleeting...
With what used to be the fifth largest economy in the world, the State of California is leading the way in how not to treat their tax generating businesses, which have left the State in droves in recent years. Looks like the career politicians have figured it out though. They figured out how to plug the drain of fleeting business relocations to other, more business friendly States such as Delaware and Arizona by finally tapping the last great untapped market left for the Golden State, gambling. Ah yes, should the constituents of this often times self defeating State, vote this in, I will guarantee you that many new career politicians will be born overnight to help funnel the newest Gold Rush gambling will bring in. We'll see if the people of California are ready for such a big social step that legalizing most gambling ventures will bring...
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Ivanbet50
6 years ago
Sr. Newbie
Politics is all about politics my friends.California will surley make a move on this one its a very ritch market to be refused even yhough it will cause revolts to the californian hard working citizens.
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zuga
6 years ago
Admin
The USA r missing out on so much tax money ( gambling winnings are taxable ) due to UIGEA act. If Cali opens up that would be great for everyone.
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Marinna
6 years ago
Moderator
If this happens, the players from California will surely have a lot of benefits from this and they will no longer have to look for illegal ways of placing bets.
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