The Ultimate Sports Betting Experience In India: Pokerstars Sports – Voters in the nation’s most populous state will get a chance in November to launch a massive new industry in California — and shake up other holdover states.

Patrons place individual bets during the launch of legal sports betting in Michigan at MGM Grand Detroit on March 11, 2020, in Detroit. Paul Sencia/AP Photo

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State after state has legalized sports betting since the Supreme Court cleared the way in 2018, but California has not — despite the state’s strong gambling market and wild interest from gamblers in the national industry.

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That may change soon. Voters in the nation’s most populous state will get a chance in November to open a huge new industry — and a blow to other movers.

“California is the holy grail of American sports betting markets,” said Daniel Walch, a Florida-based attorney who has advised various state sports betting players. “It will be a half billion dollar battle for control of the most lucrative betting market in the world.”

Thirty-three states and Washington, DC. legalized sports betting, giving birth to a sector expected to generate billions of dollars once the market is fully operational. The explosive growth comes after two and a half decades in which Congress granted Nevada an effective monopoly on sports betting in the US.

If California becomes legal, sports betting could become legal everywhere in the US. “A lot of people actually think the rest of the country will become legal if California does,” said Oklahoma State University professor John Holden, who testified as an expert witness. States are considering gambling laws.

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California must first resolve its differences — no easy task for a state mired in long-standing gambling divisions that already fended off legalization efforts nearly two years ago.

Gamblers on Thursday, September 30, 2021 in Mashantucket, Conn. Bet on sports for the first time at Foxwoods Resort Casino in Susan Haig / AP photo

Native American casinos, horse tracks, card houses and platforms like FanDuel and DraftKings are vying for control of a market that can generate billions of dollars annually, renewing a power struggle that once raged in states like Florida.

The battle pits FanDuel and DraftKings, platforms that have dominated the fledgling market, against incumbent clans that warn their sovereignty is at stake. Competing interests have poured millions of dollars into a campaign that could challenge spending records.

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Native American tribes already qualified for a ballot measure to allow sports betting on tribal land when international gambling companies upped their game, donating $100 million to an initiative that would allow them to control online betting. The measure is also expected to qualify for the November ballot given the speed of gathering signatures and the money available to supporters. Companies include BetMGM, DraftKings, FanDuel, Bally’s Interactive and other big names. The increasing restrictions also apply to card houses, which offer limited gambling options outside of tribal land.

Online betting control has become a bone of contention. After the online betting platforms presented their proposal, a trio of tribal chairmen warned their colleagues that they must react with luck or risk losing a major battle: the popular “legalization of online gaming by non-tribal interests” platform will accelerate and threaten the very existence of the Indian Game as we know it ,” he wrote. Tribes have since begun collecting signatures to allow more internet-focused measures, though they may have started too late to succeed.

A customer places a bet at one of the new sports betting kiosks at Foxwoods Resort Casino in Mashantucket, Connecticut on September 30, 2021. Susan Haig/AP photo

It’s not hard to see why Internet betting is a major problem: For every $10 on sports, $8 to $9 is placed online, said Becca Gidden, director of policy at research firm Ehlers & Crazy Gaming LLC. People have already gotten used to betting on the web rather than going to a bookmaker and risking their knees.

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The proposal to compete with international gambling companies would require online platforms to tie up with tribes and cut them off.

Gambling companies have framed the measure as an anti-homelessness initiative, as some of the proceeds will flow into local housing efforts — a boon to big-city mayors struggling to shelter people during the pandemic. It could also play well with California voters, who routinely rank housing and homelessness among their top concerns.

“Ours is the only initiative that raises millions of dollars a year to address homelessness,” said campaign spokesman Nathan Click. “Our action provides many benefits to California’s tribal nations.”

Tribal leaders aren’t buying it. Eight months before the general election, gambling companies counterattacked for $100 million to block the competition initiative, calling it a power grab that violated the spirit of a 1998 California law that legalized tribal gambling and turned tribes into powerful political players. The ad campaign warns that the proposal for “out-of-state corporations” would “break the promise” between voters and tribes.

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“The main battle for us is to make sure corporations don’t move out of state. That’s what’s best for all the tribes here in California,” Jesus Tarango, chairman of the Wilton Rancheria tribe, said in an interview. If betting platforms take over, the tribes “may get a piece of it, but it won’t be the same piece as if it was run by us and run by us.”

Sports betting grew at an unprecedented rate after the Supreme Court in 2018 struck down a federal law that restricted such gambling to Nevada. Former New Jersey Gov. Chris Christie, a Republican who pushed to legalize sports betting at horse tracks and Atlantic City casinos, spent years in court fighting judges to rule that the 1992 law violated state sovereignty.

MGM National Harbor, Governor Larry Hogan and Joe Theismann launch sports betting with BETMGM in Maryland on December 9, 2021 at MGM National Harbor in Oxon Hill, Maryland. | Shannon Finney/Getty Images for MGM National Harbor

The decision appeared to legitimize sports betting overnight – turning the barroom and offshore gambling web empire into a new government revenue stream and a pillar of US sports with the NFL, NBA, MLB and other professional leagues lobbying Christie’s. New Jersey’s legalization efforts now include the industry, even partnering with gambling companies.

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Gidden said the resulting market has seen an “absolutely insane level of expansion” as part of a “user-friendly reputation” and an opportunity for states to supplement their budgets. Gidden predicted that nearly every state would legalize the practice in the coming years.

“In a lot of states, it feels more like a ‘when’ than an ‘if,'” Gidden said. “Many people don’t see sports betting in the same way that they view slots, poker and roulette as gambling – which, along with the increased revenue opportunities, has allowed sports betting to expand much faster than other betting options.” “

Competition from neighboring states has helped push policymakers into action, Gidden said, as elected officials worry about missing out on a windfall. The revenue could be huge: after New York allowed online sports betting this year, it saw nearly $2 billion in wagers, surpassing New Jersey’s record in a single month.

California can match or beat it. A legislative analysis said residents wagered about $18.7 billion illegally in 2016, based on an estimate by the American Gaming Association. That kind of profit potential prompted California players to try to capture the new market. Tribal interests blocked a legislative proposal backed by professional sports leagues and non-tribal gambling interests when state lawmakers tried to hammer out a deal in 2020.

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“The various factions have not been able to agree on anything to this day. There’s such mistrust among them,” said state Sen. Bill Dodd (D-Napa), who unsuccessfully introduced legislation to legalize gambling. Dodd added: “In some cases it will probably make things more difficult for everyone, but at least they have the money to build a legitimate campaign and their competitors have to recognize that. brings a few more to the table.

New Hampshire Gov. Chris Sununu shows a receipt after placing the first legal sports bet on his cellphone in Manchester, N.H., December 30, 2019. Charles Krupa/AP Photo

Platforms like DraftKings and FanDuel have been key players in shaping the national landscape. After popularizing daily fantasy sports, which effectively served as a precursor to sports betting, companies partnered with professional sports leagues and casinos to reach states where legalization is on the table. Each company contributed $16.7 million to the initiative’s campaign, a total of $100 million — substantial but not unprecedented campaign spending in California.

“They’re very noticeable,” Holden said. “They spend a lot of money lobbying in almost every state, and they’re also major players in the market: even in states where we have exclusively tribal operations, many of those tribes have contracts.

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