California: Online sportsbooks-backed initiative could block smaller firms and startups, experts say

Analysts have raised concerns over one of the three ballot initiatives still gathering signatures to legalize sports betting in California, the “California Solutions to Homelessness and Mental Health Support Act,” backed and funded by major online operators DraftKings, BetMGM, FanDuel, Bally’s Interactive, WynnBET and Penn National Gaming/Barstool Sportsbook, among others. Critics are concerned about it … Read more