The 109 Native tribe gatekeepers of gambling in California appear closer than ever to determining what digital sports betting will look like in that coveted, untapped legal betting market.
But that doesn’t mean they’re close.
Various estimates peg a mature California sports betting market to be worth as much $6 billion in revenue in the nation’s most populated state and world’s fourth-largest economy. So the tribes continue to negotiate among themselves to find a pathway, and commercial operators continue to keep the lines of communication open. In California, the when and the how of any expansion of gambling must run through the tribes, who have exclusivity.