Sports betting in California has become big business. Millions of people place bets on sporting events and these people have a lot of money to show. Of course there are many reasons why people go to the stadium and place their bets. For some, they do it because they want to win some money. Others do it just for fun.
So if California legalized sports betting, would it also end up becoming a big industry? Well, it’s a toss up. It depends on how you look at things. The bottom line is this: The law passed in 2021 makes gambling more legal than it ever was before.
With this being said, the bottom line would be that sports betting isn’t allowed by law in the state of California. However, there are still ways around this. The first way is by using the many state-approved gambling devices. In addition to that, California also allows licensed telemarketers to talk about gambling. And finally, many states and cities around California allow live interactive video gaming events.
Now this brings us to the second part of the sports betting topic; the legal issues that make it legal to bet on the Golden State. You see, California is one of only two states (out of the entire country) that actually legalized sports betting through the use of electronic gambling devices. The other state is Nevada. The difference is that California didn’t pass the initiative, therefore, it is not implementing the new legalized sports betting.
In order for California to allow sports betting, it would have to pass the legal changes through the legislature. Although, it’s probably best to stay away from the California legislature. That’s because they are always asleep at the wheel. But if you can find a long-time politician willing to do the “gambling reform” or if you can find an Assembly member willing to sponsor the bill, your mission can be accomplished. The key to finding some Assembly member willing to sponsor this important bill would be to call the office of the California Secretary of State. The people in the sportsbooks probably don’t know anything, but they will listen.
If you really want to help the California economy, then why not let the world know about the huge amounts of money being gambled on horse races in California? If you are able to create an app, it could be sold to a number of different types of businesses. For example, if you were able to create an app that matches customers in California with a race in New York, perhaps a race in Las Vegas, or a race in another state, such as Oregon, then you could let the public in on the fact that you are “betting on horses” in California and across the nation. Would that get people in the mood to bet on California horse races?
It is estimated that there are over 25 million people in the United States alone who do not have any off-shore betting accounts or any way to take their chances on the sports betting odds. If the estimates are true, then there are probably an equal number of people in California, where the horse races are just as popular, and in Las Vegas, where they are not so popular either. With that much demand for sports betting, it makes sense that someone would come up with a way to tap into the grey area that California and Nevada both belong to.
There is a new movement in the world of online sportsbooks and it may just solve the problem that California and Nevada are facing right now. That is the legalization of sports betting. If this idea comes to pass in both states, and it looks like it might, then the grey area will be cleaned up, and gambling will once again become legal in California and Nevada. Please consider all this.