California Sports Betting

  • A new initiative has been proposed that could legalize sports betting in California
  • The initiative has already received support from many prominent voices including four California mayors.
  • At least 1 million signatures are needed to get the initiative on the November 2022 ballot.

SACRAMENTO Calif. – Four California mayors have all voiced bipartisan support for a new sports betting initiative in California and if passed,  profits from the industry would be earmarked towards benefiting the homeless population.

Prominent California Voices Supporting New Sports Betting Initiative

Since a new initiative for California sports betting was announced to be put on the November 2022 ballot, several prominent people have vocalized support for it, including Sacramento Mayor Darrell Steinberg.

“Instead of leaving funding for homelessness and mental health services up to the whims of the economy, this initiative will create a stable and reliable funding source to tackle these immense challenges,” said Steinberg.

Other California mayors that have voiced their support of this initiative to offer legal California sports betting include Fresno Mayor Jerry Dyer, Oakland Mayor Libby Schaaf, and Long Beach Mayor Robert Garcia.

A New California Sports Betting Initiative

This new initiative to legalize sports betting in California would use tax revenue from the sports gaming market to fund shelters and housing for the large California homeless population, and to help toward mental health and addiction services.

“This would be ongoing revenue undoubtedly with the potential to grow, perhaps not a tremendous amount but certainly grow over time as well,” said Chris Micheli, Principal at lobbying firm Aprea and Micheli.

Although this ballot has received a lot of support, there are currently two other sports betting initiatives being proposed as well.

This initiative requires at least 1 million signatures to be added to the November 2022 ballot, and if passed, could finally see California receive a legal sports betting market.

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