Josh Swissman Quoted on GGBnews.com
Voters Prepare to End the California Sports Betting Debate
California’s proposition culture tries to shy away from competing resolutions. Too many potential problems. This year could be a case in point. Propositions 26 and 27 both ask for approval of sports betting, but from two different angles.
Prop 26 calls for sports betting to be limited to in-person wagering in tribal casinos and at the four race tracks throughout the state. It also allows tribal casinos to offer roulette and craps, just as an aside. According to Cal Matters, Prop 26 levies a 10 percent tax on sports bets placed at race tracks, and requires tribes to reimburse the state for the cost of regulating sports betting. After covering the cost of tax collection, the funds generated would go to the department of public health for problem gaming and mental health research, to the department of justice for enforcement of gaming rules, and to the state’s general fund.
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