Nevada, right next door, is undoubtedly the national capital of all things gambling. But 鈥� one measure of the state鈥檚 betting industry.
The gambling industry, like many, took a hit during the pandemic. Nationally, commercial gaming revenue after winnings shrank by between 2019 and 2020. Then, in 2021, it came roaring back 鈥� even faster than the rest of the economy 鈥� and brought in more money than any previous year. Tribal casinos also had a .
During this year鈥檚 November election, Californians will decide whether they want to expand gambling further and allow sports betting. A pitched battle between gaming companies, tribes, card rooms, and others has broken and has landed to legalize sports betting on the ballot.
Here鈥檚 what you need to know about gambling in California.
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