Eagle1's Bold Move for California Sports Betting Faces Uphill Battle
Date: 2023-12-06 Author: Dima Zakharov Categories: SPORTS BETTING, EVENTS
The Uphill Battle:
Voters in California have shown a lack of enthusiasm for sports gambling due to ongoing conflicts between private entities and tribal leaders. Eagle1 remains undeterred, even considering bypassing tribal support, emphasizing changes made to their proposal based on stakeholder feedback.
Divisive Landscape:
Despite voter apathy, Eagle1 remains committed, acknowledging the divisive history of previous ballot measures in November 2022. Commercial and tribal proposals both failed, emphasizing the difficulty of gaining public approval.
Tribal Skepticism:
Tribal leaders criticize Eagle1's attempts, deeming them misguided and disrespectful. Some tribes caution against proceeding, labeling Eagle1's actions as unwise. However, Eagle1 is persistent, aiming to eliminate the black market and tapping into a potential $60 billion market, projecting annual revenue of $3 billion.
Challenges and Optimism:
While the ballot requires 900,000 signatures, Eagle1 believes its measure can bring positive change, offering both online and in-person options. Thompson asserts that 70% of tribes support the measure, emphasizing its tribal-focused nature. Despite opposition, Eagle1 reassures tribes of potential benefits without financial obligations in the marketing process.
