California Sports Betting: Legislation Battle Escalates with Release Of Dueling Attack Ads
The fight between rival California sports wagering bills continues to intensify as both the sportsbooks and a coalition of native tribes have launched brand-new statewide TV ads assaulting each other's legislative proposals.
These dueling advertisements constitute a proxy war between a coalition led by the major sportsbooks (including FanDuel, DraftKings, BetMGM) sponsoring Proposition 27, the bill that would legalize online sports wagering in California, and the coalition of 50+ native people backing their own separate legal step, Proposition 26, which would restrict all betting to tribal gambling establishments and 4 horse-racing tracks.
There are only 75 days delegated precede California voters go to the ballot box on November 8 to select between the contending legal sports wagering expenses. At stake is the most rewarding wagering market in the U.S., with a potential annual online wagering profits stream estimated at $3 billion.
Recognizing the benefit to the five professional baseball franchises operating in California, Big league Baseball tossed its assistance behind the sportbooks and Prop 27 previously this month, which effectively counteracts the joint opposition from both the Democratic and Republican state parties to the bill.
While the sportsbooks have everything to gain from the passage of Proposition 27, as do the 3 people that have actually allied themselves with the operators, the bulk of native people are dealing with the end of their virtual monopoly over the state video gaming industry - which they identify as a "loss of self-reliance."
Combat Advertising
The NO on 27 Coalition put out a new advertisement on Monday stating that more than 50 California Indian people oppose Proposition 27.
The fight between rival California sports wagering bills continues to intensify as both the sportsbooks and a coalition of native tribes have launched brand-new statewide TV ads assaulting each other's legislative proposals.
These dueling advertisements constitute a proxy war between a coalition led by the major sportsbooks (including FanDuel, DraftKings, BetMGM) sponsoring Proposition 27, the bill that would legalize online sports wagering in California, and the coalition of 50+ native people backing their own separate legal step, Proposition 26, which would restrict all betting to tribal gambling establishments and 4 horse-racing tracks.
There are only 75 days delegated precede California voters go to the ballot box on November 8 to select between the contending legal sports wagering expenses. At stake is the most rewarding wagering market in the U.S., with a potential annual online wagering profits stream estimated at $3 billion.
Recognizing the benefit to the five professional baseball franchises operating in California, Big league Baseball tossed its assistance behind the sportbooks and Prop 27 previously this month, which effectively counteracts the joint opposition from both the Democratic and Republican state parties to the bill.
While the sportsbooks have everything to gain from the passage of Proposition 27, as do the 3 people that have actually allied themselves with the operators, the bulk of native people are dealing with the end of their virtual monopoly over the state video gaming industry - which they identify as a "loss of self-reliance."
Combat Advertising
The NO on 27 Coalition put out a new advertisement on Monday stating that more than 50 California Indian people oppose Proposition 27.