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"[Sports betting] might not have the overall and history and scale because it's more of a recent phenomenon, but we've seen sports betting conversation very much mirror that hyper growth over the past couple of years," Dupree said.
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California¡¯s legalized sports betting has two propositions on the ballot. Proposition 26 will allow only casinos and four race tracks owned by Native American tribes to allow in-person gambling. Native American tribes, who currently have the sole legal rights for gambling in California, are financially backing this proposition. Proposition 27 would legalize mobile sports betting statewide and has funding from sportsbook companies including DraftKings and FanDuel as well as Major League Baseball. A third group is opposed to any legalizing sports betting.