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California¡¯s legalized sports betting has two propositions on the ballot. Proposition 26 will allow only casinos and four race tracks owned by Native American tribes to allow in-person gambling. Native American tribes, who currently have the sole legal rights for gambling in California, are financially backing this proposition. Proposition 27 would legalize mobile sports betting statewide and has funding from sportsbook companies including DraftKings and FanDuel as well as Major League Baseball. A third group is opposed to any legalizing sports betting.
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Couple this with the low buy-in in these games, and it¡¯s easy to tell why they have become such a hit with sports fans.
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