California state lawmakers held an informational hearing on sports betting on Wednesday, as they began exploring alternative options to a proposed ballot initiative limited to retail sportsbooks at tribal casinos and racetracks.
Senator Bill Dodd, a Democrat and co-chair of the joint Assembly and Senate Governmental Organization committee hearing, said that although 20 other states and counting are enjoying the benefits of legal sports betting, “unfortunately that is not the case in California.”
Dodd noted that California is missing out on tax revenue to help pay for schools, firefighters and police officers, even though there is a robust illegal betting market in the state.
“Sports betting will continue in California whether it is regulated or not,” Dodd said.
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