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Odds are good for sequel to California sports betting effort

KVIA

By BRIAN MELLEY
Associated Press

LOS ANGELES (AP) — The effort to legalize sports betting in California ran headlong into a typical challenge for competing ballot measures as they were battered by negative advertising that doomed both to spectacular failure in the most expensive ballot race in U.S. history. With more than 5 million votes counted Wednesday, more than 80% of voters rejected an effort that would have allowed online and phone wagers and 70% opposed a measure to let gamblers place sports bets at tribal casinos and horse tracks. Supporters of both measures say they will reevaluate how to stake a claim to a potential billion dollar market in the nation’s most populous state.

Article Topic Follows: AP National Business

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Associated Press

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