California Moves Closer to Legalizing Sports Betting
Nick Cahill June 2, 2020
SACRAMENTO, Calif. (CN) — Desperate to patch a Covid-19-sized budget hole, the California Legislature is warming to the once-taboo subject of sports betting and has begun handicapping its potential tax windfall.
After two years of watching silently as other states hurriedly legalized sports wagering, a Senate committee on Tuesday advanced legislation that could bring sportsbooks — and hundreds of millions in new tax revenue — to the Golden State.
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California Moves Closer to Legalizing Sports Betting
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