Josh Swissman quoted on

Josh Swissman quoted on

How long will it take for California sports betting to regroup?

The failure of California’s two dueling sports wagering propositions on this month’s general election ballot has left some important questions unanswered: Will California residents ever be allowed to legally bet on sports, and if so, how long will it take?

Based on what everybody saw when the election results came in, it could take awhile.

Proposition 27, a proposal favored by out-of-state gambling interests that included FanDuel, DraftKings and BetMGM, would have allowed online betting on smartphone apps. Opposed by California’s tribal casinos, the measure was supported by only 16 percent of voters.

The tribes apparently convinced voters that betting online is far more addictive than betting in person and potentially too accessible to children.

Read the full article here.