It’s in this fraught context that lawmakers are trying to create a regulated sports framework that would favor everyone and help the Golden State benefit from its immense human potential and love for sports. So far as stakeholders go, there are three main parties that often voice their concerns and objection, including tribal casinos, card rooms, and race tracks.Ĭardrooms and race tracks do not want to be left behind whereas tribal casinos want to claim exclusivity over the betting market in the State of California, turning away all other stakeholders, and effectively depleting them of a substantial source of income. Yet, there have been numerous potholes on the road to progress that have led to constant delays. In terms of pure potential, this is the biggest market for sports wagering in the United States. The number of people who are just staying in the state adds to this number as well. After all, California is the most populous state in the country with 39.51 million registered residents. You have every right to ask and to be a little peeved at the fact that betting in the state has not been yet legalized. Why Is Sports Betting in California So Late?
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