California Voters to Legalise Fantasy Sports Betting!

California Voters to Legalise Fantasy Sports Betting!

The craze for online betting may have increased but the United States is still in polemics to legalise this type of betting. According to the recent reports, the California has made it clear that it will be in the hands of voters to legalize the industry daily betting. DraftKings and FanDuel are the two most popular sportsbook that provides online betting on various sports, which is very much different from that of traditional leagues.

Agenda of the Convene

Latest in this week, the foremost topic that legislature picked up for discussion was about licensing and officially legalizing fantasy sports betting in the city of California. Although the legislature has full rights to take any decision but its authority is restricted by the constitution of the state. This simply hints at the fact that voters will enjoy the right to decide upon the issue with full liberty. According to the reports, daily fantasy sports has become the most popular form of betting with almost around five million bettors across America last year. This is simply because of the interest of the players and the promotion strategies by the big companies to entice more players. It was seen that FanDuel and DraftsKings spend thousands and millions of dollars in advertising that anyone could win real cash prizes just by betting on different sports.

About state authorities

No doubt, California is very developed but the state has still not openly accepted daily fantasy sports. In fact, the attorney generals of Nevada, Illinois and New York have also condemned this type of betting in the city. They do not support it at all. The reason behind is that daily fantasy sports betting is quite different from that of traditional one. The traditional betting was a social affair where people used to compete with each other but it has now turned more advanced today in the form of fantasy sports betting. At present, it has become an automated form of betting, which is based on the performance of a professional athlete.

History of Legalised Betting

Since years, California has been regulating gambling. The history of it takes back to the time when San Francisco tagged the city of New Orleans as the nation’s gambling Mecca. Much before the statehood in the year 1850, card rooms were popular among the people. In addition to this, the gambling at tribal casinos and placing bets on horse racing had also become authorized after California approved various different constitutional amendments related to betting and gambling.

The Bottom Line

When voters had earlier approved other forms of betting, the state itself witnessed the benefits it brought in terms of money. Therefore, all the daily fantasy sports betting companies will today have to convince the state authorities and will have to assure that it will bring revenue to the state, which can be further used for the welfare of the people. At present, FanDuel and DraftsKings are operating in California and proclaiming that they are legalized. The eyes of all the bettors are still on it!

Re-Emergence of the Single-Sports Event Betting Bill

Re-Emergence of the Single-Sports Event Betting Bill

Once again, the agenda of the House of Commons will again have the topic of single event sports betting to be discussed. Earlier, the Finance Minister of Ontario, Charles Sousa had urged the single sports betting and today the same betting bill is expected to be revived by NDP. The agenda of the House works on the lottery and it does not allow more than thirty private members’ bills at one time. The bills that are drawn in the lottery first are discussed and debated. Running on the same lines, Brian Masse, Windsor West NDP MP is planning to take the benefit of the opportunity. He has recently received the opportunity to speak after his name was drawn seventh in the lottery. The entire drawn issues were discussed according to the order of precedence.

Issue raised by Brian Masse

In an interview with CBC’s Windsor Morning, Brian made it clear that his intentions are to re-introduce the bill that can legalize or officially approve single-event sports betting in the city. He firmly said that he will make all the attempts to legalize such betting. In the year 2011, Retired NDP MP Joe Comartin introduced the bill C-290, which was passed by the house with the approval of all the parties. It later arrived in the Senate in 2012 but was then jammed with the Royal Assent in 2013. Therefore, it could not get clear.  However, the same debate has again emerged with Brian. The Windsor-Essex Regional Chamber of Commerce president, Matt Marchand mentions that he expects the approval of the bill and the will of the Senate to carry it out at least this time.

It is true that the original bill C-290 was designed to amend the Criminal Code. It also allowed the wagering on the result on single sports event, which is today illegal in the state of Canada. According to the authorities, the proposed legislation repeals the section of Criminal Code restricting betting on various sporting games.

‘Job creation tool’

Marchand says that after the bill has been approved by the state, it will offer a great opportunity to the gaming market. The gaming companies will then be able to offer the betting games soon after the bill is legalized. Comartin earlier made it clear that single event betting can be a great job creation tool for the entire communities of the country. He even claimed that earlier in the July, it saved the jobs of 250 people at Caesars Windsor. Masse even called this single sports betting as a windfall for organized crime.

Conclusion

According to the Canadian Gaming Association, Canadians spend most of their earnings in parlay bets and more than that on single-sports event betting. The Finance Minister has further stated that the collected money will be used in the welfare of the hospitals and schools by the state. Out of the entire money that the betting business will bring in, a large share of it will be spent on the betterment of the society.