You are here: Home / News / Sports gambling giants back new online betting initiative in California

Sports gambling giants back new online betting initiative in California

Carla Marinucci & Jeremy White Ausgust 31, 2021 Forbes reported earlier this year that the U.S. sports betting market generated $1 billion in revenue in 2020, “and that number is projected to grow sixfold by 2023.”

OAKLAND — Major gambling players intend to ante up $100 million for an online sports betting initiative that would fund homelessness and mental health efforts, adding a new wrinkle to the 2022 battle over California's lucrative gaming future.

Complete article: Sports gambling giants back new online betting initiative in California

Document Actions