California Sports Betting Vote: Prop 26 vs Prop 27

???? It's almost time for the California sports betting vote! The two competing sports betting propositions, Prop 26 and Prop 27, are looked at and explained in an overview. As California could become the biggest market for sports bets in the country we should understand what's on the ballot! Who's backing these sports betting bills! And what's at stake for everyone in the state!

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????Video Chapters:
▪️ 00:00 - Welcome to This Week in Gambling
▪️ 00:25 - California Sports Betting Vote - What's at Stake
▪️ 01:32 - Prop 26 vs Prop 27
▪️ 02:58 - Will Either Sports Betting Prop Pass?
▪️ 04:44 - California Sports Betting Vote: A Tribal Perspective
▪️ 05:14 - California Sports Betting Vote: A Federal Perspective
▪️ 05:38 - More fun with pretty Vegas girls
▪️ 06:03 - End Tag

California Sports Betting Vote:
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It’s come down to this: Time for the California sports betting vote on propositions that could change the face of gambling in California. Voters will head to the polls to decide between Prop 26 vs Prop 27, with the immediate future of sports wagers at stake. And the very real possibility that neither of the propositions will pass. In California, a ballot proposition needs just one vote above 50% to pass. But there are two propositions to regulate betting on sports in the state, and the confusion between the two may end up leaving residents waiting at least another year.

Proposition 26, backed by Tribal Gaming interests, and Proposition 27, backed by online sports betting corporations, have both been trailing in the polls. The matter was openly discussed during some sessions at the Global Gaming Expo in Las Vegas several weeks ago, and the attitude about the election was usually pessimistic.

Proposition 26: Most of tribes in the state back this initiative, which would allow California sports bets at their casinos, along with horse racetracks. If passed during the California sports betting vote, the terms of Proposition 26 would not allow online sports betting, dealing a major blow to operators such as DraftKings and FanDuel.

Proposition 27: The big operators such as DraftKings, FanDuel have sponsored Prop 27, which would allow California online sports betting, as well as mobile bets from private sportsbook companies who partner with a California tribal gaming. If the California sports betting vote approves this Prop, state residents could then download sportsbook apps and bet from their homes.

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