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California¡¯s legalized sports betting has two propositions on the ballot. Proposition 26 will allow only casinos and four race tracks owned by Native American tribes to allow in-person gambling. Native American tribes, who currently have the sole legal rights for gambling in California, are financially backing this proposition. Proposition 27 would legalize mobile sports betting statewide and has funding from sportsbook companies including DraftKings and FanDuel as well as Major League Baseball. A third group is opposed to any legalizing sports betting.
I¡¯m not sure that many, if any, land-based slot machines offer payback this low. 84% RTP shouldn¡¯t even be in existence for an online slot.
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The online gambling handle (amount wagered) in Connecticut increased 20.5% over July, the fifth time in six months that the handle increased compared to the month before.
Execs: US internet casino gambling is poised for expansion
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