Could California Make a Fortune with Online Gambling?
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California is the birthplace of Tribal Casinos and the first slot machine was invented in California. Some forms of gambling in the state are legal, but online gambling is still a fuzzy area. New Jersey legalized online gaming in 2013 and is expected to bring in $1 billion this year.
Could California make a fortune with online gambling?
Online gambling in California has not yet been legalized. Operators are prohibited from opening up online gaming sites within the state. Online poker, online casinos and online sportsbooks are illegal. Californians can play online gambling on regulated sites outside of California and US jurisdiction. Tribal Casinos in the California are expected to bring in $19.96 billion in 2020.
Nevada and New Jersey legalized online casinos and poker rooms. New York made $1 billion from online gambling alone. California could follow the same trend and become a major hub for online gaming. Online gambling is convenient and safe. Other trends in the future include virtual reality slots, smartwatch casinos, and cryptocurrency payment systems. iReport.com will let you know if we have any news about this topic.
California is considering legalizing online gambling. There are still some local Native American tribes that are opposed to it. The sportsbook initiative will be reviewed in November 2022.
