A number of cities in Southern California are fighting against sports betting measures that they believe could disrupt card rooms in the state. [Image: Shutterstock.com]
Potentially costly move
A number of cities in Southern California have come together to fight against the offer of sports betting. The city group believes the betting initiative could cost up to 32,000 jobs and eliminate $1.6 billion in wages for state residents because the proposal would negatively impact the state’s card rooms.
Some of the cities participating in the alliance include Compton, Bell Gardens, Hawaiian Gardens, and Commerce. The alliance held a news conference Thursday at Trade to express their concerns.
It will create a quasi-monopoly of gambling
Tribal sports betting law is the proposal under consideration. It is a ballot measure to allow tribal casinos in the state and four racetracks in California to offer sports betting. Opponents believe that if the measure is approved after a public vote it will create a quasi-monopoly of gambling in the country.
There are also concerns about the potential expansion of the Special Prosecutor’s Law. If tribal sports betting becomes law, tribal casinos will be able to hire private lawyers and sue card rooms, which opponents say could force some of these institutions out of business due to costly litigation.
There are dozens of card rooms in California. They made their own sports betting show, but it didn’t get much support.
Alliance He believes that if voters approve the proposal in November, the Los Angeles area could lose more than $70 million in tax revenue. Many cities rely on card rooms to create jobs and stimulate economic activity. The resulting tax revenue goes to vital public services such as senior citizen services and homelessness programs. Some card rooms have tried to take legal action against the Tribal Sports Wagering Act, but to no avail.
Sports betting seems to be on the horizon
The Tribal Sports Betting Law is a very popular initiative among the tribes. Supporters managed to gather enough signatures for the measure to secure a place in the November ballot. Tribes want to keep sports betting in their own hands in one form or another.
Currently, the state’s tribes have exclusive access to slot machines. If the Tribal Sports Wagering Act gets approved, they will also have exclusive control over roulette and dice games, as well as almost complete control over sports betting.
As the most populous state in the country, California is likely to be a huge market for sports betting.
Another proposal likely to appear in the November ballot would legalize sports betting in the state. You will see private operators like DraftKings and FanDuel that are able to partner with tribal casinos to launch sportsbooks. The California Homelessness and Mental Health Solutions Support Act has generated more than 1.6 million signatures for verification. They are expected to obtain the 1,096,853 valid signatures necessary to secure a place on the ballot.