The legalized online sports betting industry has exploded since the Supreme Court struck down a federal gambling ban in 2018, but it remains illegal in California.
Why are the A’s so eager to ditch Oakland for Las Vegas, a much smaller media market that increasingly is becoming crowded with other professional sports teams?
It might help explain why the A’s slunk away from what city leaders say was a competitive development deal at Oakland’s waterfront, where the team eventually could have constructed not just a stadium but also thousands of housing units, plus office and commercial space. The legalized online sports betting industry has exploded since the Supreme Court struck down a federal gambling ban in 2018, but it remains illegal in California, where voters last fall rejected two ballot measures competing for control of the industry.
People line up to place bets in the sports book at the South Point hotel-casino, Monday, May 14, 2018, in Las Vegas. The Supreme Court on Monday gave its go-ahead for states to allow gambling on sports across the nation, striking down a federal law that barred betting on football, basketball, baseball and other sports in most states.
“That’s just flat-out BS,” said Councilmember Dan Kalb in an interview, citing the city’s willingness to put up at least $300 million in grant dollars, according to reports, toward off-site infrastructure to support the project. “We bent over backwards to be very accommodating to the things they asked for.”
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