SAN DIEGO (KGTV) — The Del Mar Fairgrounds could become a place to bet on skilled and college sports, ought to California voters approve a measure permitting sports playing in November 2022.

On Tuesday, the Del Mar Thoroughbred Club will ask the truthful board for permission to run a “first-class” sportsbook at its off-track wagering facility, Surfside Race Place, as quickly as 2023.

The proposal hinges on the passage of a proposition that may enable licensed racetracks and Native American casinos to provide on-site wagering on skilled, college, and beginner sports. Gambling on highschool sports and video games involving schools in California would nonetheless be unlawful.

“Sports wagering will generate significant additional net revenues for DMTC which, along with the additional food and beverage revenues generated, will flow to the District and Race Track Authority,” Thoroughbred Club Chief Executive Josh Rubinstein wrote in a letter to the truthful board chair on Wednesday, Sept. 8.

“This new revenue stream will greatly assist the Fairgrounds as it continues to recover from the economic effects of the pandemic and also will help provide for its long-term financial stability.”

On-site sports wagering is a method to fight the decline of horse racing nationwide. In California, the deal with has dropped 18.5 % over the past 10 years to roughly $2.8 billion within the fiscal yr 2019-20, in accordance to the California Horse Racing Board.

The Thoroughbred Club says the state-owned fairgrounds would obtain an extra $2 million direct cost, plus meals and beverage revenues.

The state would set the minimal playing age to 21. Under the measure, winnings at horse-racing tracks could be taxed at 10 %, with a portion of the cash going to enforcement and problem-gambling applications.

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