What does the new gambling law mean

broken image
broken image

Four privately operated racetracks as well as 29 fairs, publicly operated racetracks, and other facilities in 17 counties offer betting on horse racing. Cardrooms also pay around $100 million each year to the cities they are located in. For example, cardrooms pay the state around $24 million each year (annually) generally for regulatory costs. Cardrooms pay state and local fees and taxes. Currently, 84 cardrooms in 32 counties can offer certain card games (such as poker). About $1.9 billion in lottery revenue supported education last year.Ĭardrooms. Lottery sales-after prizes and operation costs-support education. About 23,000 stores in all 58 counties sell state lottery games. For example, state law bans sports betting, roulette, and games with dice (such as craps).

The California Constitution and state law limit gambling in California. Initiative Constitutional Amendment and Statute. Proposition 26 Allows In-Person Roulette, Dice Games, Sports Wagering on Tribal Lands.

broken image