California brings back bill to legalize sports betting
California reintroduced a bill to legalize sports betting in the state on Thursday, which would allow betting in casinos, race tracks and card rooms.
Last year the bill passed in the senate in California but failed to make it through the assembly.
“There's already a huge sports book business in California," state senator Roderick Wright told reporters Thursday. The only change that this would make is that the California taxpayers would get some benefit from the business that's already taking place."
The bill comes hot on the heels of Super Bowl XLVII where a record handle of $98.9 million was bet in Nevada. Many feel the record breaking action was in part because the San Francisco 49ers attracted so much money from nearby California.
If the bill passes, California will still be faced with overcoming the Professional and Amateur Sports Protection Act (PASPA), which the state of New Jersey is currently fighting in court.