Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

MLB supports online betting initiative in California

Written by 
Published in Baseball
Friday, 12 August 2022 13:27

Major League Baseball on Friday announced its support of an initiative that would authorize online sports betting in California, becoming the first major sports league to take sides in the high-stakes battle between bookmaking giants and the state's powerful tribal gaming operators.

Two primary sports betting initiatives are on the November ballot. Proposition 26 would restrict betting to in-person only at tribal casinos and four horse racing tracks. Proposition 27 would allow online sports betting.

MLB is supporting Proposition 27, The California Solutions to Homeless and Mental Health Act. It is backed by a coalition of sportsbook operators, including DraftKings and FanDuel. A percentage of the revenue from Proposition 27 would be dedicated to fighting the homeless crisis in California.

DraftKings and FanDuel are among MLB's official betting partners. MLB, which has five franchises in California, has been an advocate of sports betting legalization since the U.S. Supreme Court in 2018 struck down the Professional and Amateur Sports Protection Act of 1992.

"As legalized sports betting continues to expand across the country, Major League Baseball remains committed to protecting the integrity of its games and creating a safe experience for fans who wish to wager on those games," MLB said in statement released Friday. "Proposition 27 -- the only measure on California's upcoming ballot that would authorize and regulate online sports betting -- includes strong integrity provisions designed to help MLB carry out those commitments.

"The measure would, for example, (1) require sports book operators to notify leagues of suspicious wagering activity, (2) allow leagues to propose restrictions on betting markets that are particularly susceptible to manipulation, and (3) facilitate other forms of integrity-related cooperation between the state, leagues, and operators. MLB believes that Prop 27 has the safeguards to create a safe and responsible online sports betting market in California -- a state with millions of MLB fans looking for alternatives to illegal offshore betting sites."

Proposition 26, The California Sports Wagering Regulation and Unlawful Gaming Enforcement Act, is supported by a coalition of tribes, led by Pechanga.

"A large and growing coalition of Indian Tribes, social justice advocates, teachers, parents, homeless and mental health advocates, business, public safety and labor leaders all strongly oppose Prop 27," Kathy Fairbanks, spokesperson for Yes on 26 and No on 27 campaigns, told ESPN in a statement. "The measure would legalize a massive expansion of online gambling that will turn every cell phone, laptop, gaming console and tablet into a gambling device. Worse, there's no fool-proof way to ensure kids aren't gambling online. The out-of-state gambling corporations funding Prop 27 wrote it so they take 90% of the profits out of state, leaving little for California. We're confident voters will reject this deceptive, dangerous measure in November."

Chris Gove, an investor in the sports betting space and partner in consulting firm Eilers & Krejcik Gaming, estimates that a mature, online sports betting market in California could generate as much as $3 billion in annual revenue. In comparison, industry trade publication VIXIO Gambling Compliance estimates retail-only sports betting would generate $356 million in annual gross revenue by the fifth year.

Read 171 times

Soccer

Man City face 'tough' season after late collapse

Man City face 'tough' season after late collapse

EmailPrintOpen Extended ReactionsPep Guardiola said Manchester City are in for a "tough" season afte...

Man City need more than Haaland as season sits on knife's edge

Man City need more than Haaland as season sits on knife's edge

EmailPrintOpen Extended ReactionsMANCHESTER, England -- For 75 minutes on Tuesday night, Manchester...

10-man PSG drop to 26th in narrow loss to Bayern

10-man PSG drop to 26th in narrow loss to Bayern

Bayern Munich battled past 10-man Paris Saint-Germain 1-0 in the Champions League thanks to Kim Min-...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Giannis out vs. Heat due to pregame knee issue

Giannis out vs. Heat due to pregame knee issue

EmailPrintOpen Extended ReactionsMIAMI -- Milwaukee Bucks star Giannis Antetokounmpo is out for Tues...

Sources: Kings closing in on deal for Crowder

Sources: Kings closing in on deal for Crowder

EmailPrintOpen Extended ReactionsFree-agent forward Jae Crowder is close to a deal with the Sacramen...

Baseball

Dodgers split $46M from record MLB playoff pool

Dodgers split $46M from record MLB playoff pool

EmailPrintOpen Extended ReactionsNEW YORK -- A full postseason share for the World Series champion L...

Starter or reliever? Stay with the Phillies or go elsewhere? All-Star Jeff Hoffman opens up on free agency

Starter or reliever? Stay with the Phillies or go elsewhere? All-Star Jeff Hoffman opens up on free agency

EmailPrintOpen Extended ReactionsJeff Hoffman is one of the most sought-after relievers in this offs...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated