Voting has indeed already begun, as every county in the Golden state has early voting and drop-off locations. Backed by California’s 78 gaming tribes, Proposition 26 is a retail-first proposal that would legalize sports wagering at tribal casinos and licensed horse racing tracks – imposing a 10% tax on the profits derived from such activities.
This compares with the commercial-sector-supported Proposition 27, which would permit online sports betting. Under the text of the proposed law, such agreements would cost $100m (£87.2m/ €100m) – limiting access to the market from all but the largest operators.
Barring a major upset, both proposals are set to fail according to polling from the Berkeley Institute of Government Studies (IGS). When questioned, 31% of respondents supported Prop 26, with 42% opposed; support for Prop 27 was weaker with 27% for and 53% against.
[Read full story on iGB North America]
Original article: https://igamingbusiness.com/sports-betting/sports-betting-on-ballot-in-california-as-midterms-begin/
