California Lawmakers Proposing Legalized Sports Betting To Help Fight State Budget Deficit

California lawmakers are proposing legalized sports betting as a way to eliminate some of the proposed budget cuts. State Senator Bill Dodd of Napa and Assemblyman Adam Gray of Merced suggested the state could bring in more money by allowing sports betting, boosting taxes on e-cigarettes and taxing lottery winnings. Both are also lobbying to put an amendment on the November ballot that would allow racetracks and tribal casinos to also offer sports wagering. California is facing a $54 billion budget deficit caused by the pandemic.