California Might Not Need To Wait Until 2022 To Welcome New Casinos
The global pandemic has caused some major economic damage to many countries and many industries. It also changed our natural habitat and the perception of the global industry state. The businesses have changed their directions of the operation and have set new goals as well as initiatives. The biggest changes and challenges include transferring from the offline to the online industries.
Due to the fact that most of the gathering spots and the venues have been closed, the businesses that wanted to survive had to take certain steps. The ones which managed to stay afloat had to turn faces in the direction of the online businesses. The example of traditional casinos turning into online gambling platforms is one of the vivid examples of how businesses not only managed to survive the crisis but also found a profit in it.
While talking about the gambling industry, it is not only about the particular business but rather about the country frameworks and legislation regarding the online gambling industry. Some countries are less tolerable towards the industry than others, similarly to the states of the US.
Different states in the US have different attitudes toward gambling overall. So far it is only the state of Nevada that has both legalized online as well as offline gambling. The rest of the states have been working or struggling with this point and thus, are facing some of the major changes already. California state is the next in the row to take some major steps in legalized online sports betting.
Indian tribes are actively involved in the amendment process, trying to attract the attention of the public and collect the necessary amount of signatures in order to proceed with the petition and get the ballot by 2022. A coalition of native Inland tribes launched an effort last year to try to bring the activity to the state and have now reached their first goals. The next step is to complete the signature, which is over 1.4 million people.
California is slowly reaching its goal
Along California and particularly Los Angeles, there is a small city of Santa Clarita, which is fighting on the frontline to make some advancements in the gambling industry. According to recent stats, the city is about to get access to bring some of the new traditional casinos. So far, there are only four and the locals hope to add a few more.
The reason for the increased cooperation regarding the building process of the casino is that it is one of the main sources of income and employment for the local population. The casino is not far away from the city and thus, many locals are employed there in multiple positions.
Santa Clarita is not the only example. Another example is Norway, which is in all terms one of the most developed countries, though does not have a tolerable policy towards the casino industry. Currently, there are only 3 operational traditional casinos in the region. The following link can provide you with the most recent information regarding the recent changes on the softened legislation and policies which were introduced to the country last November.
Sports and online gambling
The possible implementation of the new casinos in California is justified by the COVID-19 pandemic economic crisis. The economic crisis has affected industries such as gambling and thus, the states are willing to create some new employment opportunities for locals. The casino opening can be one of the solutions to overcome the current situation.
The final tally was well above the 997,000 that the 20-tribe coalition had hoped to receive, which should be a good indication of sports gambling’s fate in California once it appears on the ballot. That is supported by the VP of Public Affairs of the Pechanga Band of Luiseño Indians and spokesperson of the coalition Jacob Mejia. He told the Gaming Reports that the turnout reflects strong support to allow sports wagering in a responsible manner as set forth in the initiative.
It might happen earlier
There is a valid chance that California may not have to wait until 2022 to see the sports gambling measure on the ballot. Like many other states, California is suffering economic damage caused by the pandemic, which might help facilitate a push to have the measure put in place. With the population larger than Canada, the possible windfall from legalized sports gambling would give Golden State a substantial revenue source.
However, it’s not going to be that easy. Despite predictions that California’s sports gambling market could be worth around $1.4 billion in just its first year, a couple of items suggested by the tribal coalition are going to face serious resistance and limit the revenue possibilities. The tribes apparently haven’t thought through their plan completely, as they don’t want the state’s legal cardrooms to be allowed to have sportsbooks. That is going to cause a serious amount of friction and lead to endless debates over the merits of legalized sports gambling in the state.
There is also a provision, based on how the current language in the sports gambling measure reads, that would prohibit mobile sports gambling. This is simply a moronic condition that has already been proven to severely handicap states’ abilities to generate high levels of revenue, and the $1.4 billion projections would most likely be missed by as much as 50%.