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California Ballot Referendum: California, the most populous state, has legalized sports betting on its ballot this Election Day. Kantar/CMAG reports ad spending has already exceeded $300 million. When compared to previous ballot measures, Steve Passwaiter, a Senior Advisor to Kantar/CMAG notes, ¡°It¡¯s clearly set a new record, the spending to date has beaten totals for the 2020 measure [Proposition 22] on gig workers.¡± Additionally, to date, the California propositions has easily surpassed the ad dollars spent in any statewide political election this year (the Senate race in Pennsylvania being the second most costly). Alaska also has a ballot referendum on sports betting in November.
The entire online gambling industry isn¡¯t to blame for the actions of a few criminals. Making it illegal to gamble online, however, is seen by some as an extreme solution. Results of studies have shown that legalized gambling provides tax revenue benefits and allows governments to offer better consumer protections.
Speaking at the East Coast Gaming Congress, executives of online gambling companies and their technology partners said the rapid growth of sports betting has provided a ready-made infrastructure and regulatory apparatus for online casino games.
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There are a few levels, and the rates depend on your level. The highest level offers the biggest bonuses. For example, the cashback bonus for the lowest-steel level is 6%, while the bonus for the highest-platinum level is 11%.