Casino’s sports betting initiative would put cardrooms out of business, coalition says

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Casino’s sports betting initiative would put cardrooms out of business, coalition says
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Casino’s sports betting initiative would put cardrooms out of business, Southern California cities say

A coalition of Southern California cities is opposing a sports betting ballot initiative they claim would fuel excessive litigation against cardrooms, potentially shutting them down, effectively killing 32,000 jobs andThe initiative from Pechanga Resort Casino has no official name but is referred to as the.

If the initiative gains voter approval in November, they say the Los Angeles region stands to lose at least $71.1 million in general-fund tax revenue that supports public health and homelessness services and senior programs.The anti-initiative coalition — including representatives from Commerce, Compton, Hawaiian Gardens and Bell Gardens — held a press conference Thursday, May 19 outside the Commerce Senior Citizens Center to voice their concerns.

Bell Gardens Councilwoman Alejandra Cortez said the Bicycle Hotel & Casino generates about 46%, or $15 million, of the city’s general-fund revenue. If the venue was forced to shut down because of a new ballot initiative and litigation from area casinos, the impact would be catastrophic, she said. in 2019 against The Gardens Casino in Hawaiian Gardens as an example.

“The only cardroom casinos at risk of legal enforcement are those that repeatedly violate California gaming laws,” Fairbanks said.Opponents of the Pechanga initiative still fear a tribal casino monopoly on gaming and increased PAGA litigation might prove too costly to fight and could result in cardroom closures.

Cortez said those are critical funds that help pay for police service, public works and other basic services needed to keep the city up and running.“The Gardens Casino, which has operated in the city of Hawaiian Gardens for the past 22 years, is a critical partner to our entire community – providing more than 68% of our city’s total general fund revenues,” Alvarado said in a statement.

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