If legalization of online sports betting were to happen, it could be in a similar position to New Jersey where there are now several operational sportsbooks.

Business leaders in California have stated they are strongly opposed to a ballot initiative that aims to legalize online and mobile sports betting in California. The initiative was put forward by major online betting brands including DraftKings, BetMGM, FanDuel, Bally’s Interactive, and WynnBET and has gathered the required number of signatures to become the second sports betting related proposal to face a vote in November’s elections.

If legalization of online sports betting were to happen, it could be in a similar position to New Jersey where there are now several operational sportsbooks as listed here. So, why is there so much opposition to this initiative from the business community in California? To answer this question, let’s start by looking at the features of the initiative.

What is included in the ballot initiative?

If the initiative was adopted, it would mean that:

• A gaming tribe could operate an online sports betting platform.
• Commercial operators would need to join with a tribe in order to acquire a license to operate.
• Online sports betting could be provided for individuals aged 21+.
• Qualified companies would need to be licensed to provide online sports betting in at least 10 states or in five states if they also operate at least 12 casinos.

Why is the initiative so unpopular?

The ballot initiative is supported by many city officials within the state. However, it’s much less popular with members of the business community, California Indian tribes, civil rights groups, and faith leaders.

https://www.laprogressive.com/spotlight/online-sports-betting-initiative-in-california