Amended California sports betting initiative proposal increases tribal revenue share

Monday, December 4, 2023 8:51 PM
Photo: By Itsschneebly - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=89306744
  • Matthew Kredell, PlayUSA

California sports betting initiative proponents submitted changes to their proposal to the state attorney general on Monday.

The amended initiative increases revenue sharing to limited- and non-gaming tribes while removing provisions that larger tribes found problematic.

Kasey Thompson told PlayUSA the final sports betting initiative language incorporates changes suggested by tribes, regulators and out-of-state operators.

“This is now the best California sports betting initiative ever because of the way it benefits all tribes,” said Thompson, spokesperson for the California sports betting initiative and CEO of Eagle 1 Acquisition Co., the company behind the initiative. “I think we’ve got a bill that works for every stakeholder, every out-of-state operator, every land-based casino, and a majority of the tribes right now.”