Fanatics Backs California Sports Betting Push Without Clear Market Path
Fanatics needs 10 sports betting licenses to be eligible for a California betting license. LSR investigates how it can get them. Read More
Posted on: May 19, 2022 |
Online California Sports Betting Question On Track For November Ballot
California should have an online sports betting question on the ballot come November. The CA online sports betting initiative backed by major US sportsbooks announced Tuesday it gathered 1.6 million signatures. That is half a million more than it needed to qualify for the ballot. Those signature must still be verified by state officials though. The […] Read More
Posted on: May 3, 2022 |
Tribe-Backed Poll: Online CA Sports Betting Proposal Faces Long Odds
A new poll commission by proponents of retail-only tribal sports betting suggests California voters do not plan to support an online proposal, should it make November’s ballot. Based on the title and summary of the commercial proposal to legalize online California sportsbooks, 36% of voters would vote yes while 53% would vote no. Another 10% are […] Read More
Posted on: April 28, 2022 |
Opinion: Digging Deeper On DOJ Bust Of California Illegal Bookie Ring
Federal authorities issued a press release late last month announcing the resolution of a series of cases stemming from what the feds dubbed “an illegal gambling operation that involved current and former professional athletes, some of whom assisted with the business and others who placed large bets on games.” The announcement notes that the conspirators […] Read More
Posted on: April 13, 2022 |
Feds Bust California Illegal Sports Betting Ring Involving MLB Players
Three Major League Baseball players worked for a multimillion-dollar illegal sports betting ring based in California and Costa Rica, according to federal documents unsealed Wednesday. The former MLB players serviced a client list including “current and former professional athletes,” per a press release from the US Department of Justice. Over 20 years, the operation booked […] Read More
Posted on: April 1, 2022 |
The Week In Sports Betting News: Is March Madness Booming?
Happy Monday, everyone. There is no shortage of sports betting news these days, especially with a 15 seed decimating brackets across the country. As always, the LSR Podcast broke down some of last week’s weightiest topics, including a ruling that keeps daily fantasy sports alive in New York. Set an alert for tweets from @LSPReport […] Read More
Posted on: March 28, 2022 |
Cardrooms Announce California Sports Betting Push Against Tribal Measure
Some of the state’s biggest cardrooms announced Wednesday their opposition to a tribe-backed initiative that would legalize retail sports betting at California tribal casinos. Cardrooms want in on legal CA sports betting, but their opposition to the tribal initiative is about more than that. The tribal measure would also give California’s tribes more power to […] Read More
Posted on: March 25, 2022 |
California Tribes Hit Airwaves To Fight Online Sports Betting Initiative
The new ad names FanDuel and DraftKings as out-of-state companies trying to “break the promise” of tribal sovereignty over CA sports betting. Read More
Posted on: March 21, 2022 |
Try, Try Again: Suit To Stop Tribal California Sports Betting Measure Refiled
A second lawsuit to prevent legal sports betting at California tribal casinos has been filed, and it is the same as the first. Hollywood Park and the Cal-Pac Rancho Cordova cardroom operators are suing to challenge the legality of the approved ballot measure to expand gaming on tribal lands. The initiative would legalize retail California […] Read More
Posted on: March 8, 2022 |
Poll: California Sports Betting Has Support But Many Undecided
The legalization of sports betting in California would be in the hands of undecided voters if a vote happened today. That is according to a new poll from the Institute of Governmental Studies at UC Berkeley. The top-line results show CA sports betting is favored 45% to 33% by voters with a position. Another 22% […] Read More
Posted on: February 25, 2022 |