California is home to a huge number of popular casino-resorts. New reports claim that a new one could soon open its doors in Northern California. The Koi Nation has just proposed plans to open a new casino in Sonoma County.
Gambling enthusiasts in the area are excited to hear about these plans. Now is a great time to discuss what this new casino will offer. We’ll also talk about how California’s gambling industry could expand in the coming months and years.
Let’s get into it!
Koi Nation Unveils Plans to Open a New Casino in Sonoma County
California has some of the more unique gambling industries in the United States. Here, nearly all forms of gambling are run by Native American tribes. Some of these are card rooms, offering a limited set of table games. More traditional Class III casinos are also operational here, providing both table games and slots.
The Koi Nation is a federally recognized tribe based in Sonoma County. This week, the tribe unveiled plans to open a $600 million casino-resort southeast of Windsor. Many gambling fans in Northern California are already expressing excitement about these plans.
The Koi Nation will need to receive state and federal approval for this property. Officials within the tribe expect it to take at least four years for this property to open. Not everyone supports these plans, though. That includes Senator Mike McGuire, who has expressed concern about opening this new casino in Sonoma County.
“Sonoma County doesn’t need another casino and I oppose any new gaming outlets,” McGuire said. “While I honor and respect tribal sovereignty, this is not the right plan for the north county… It is one thing to say you have acquired a piece of property and roll out drawings and blueprints. Actually getting that land taken into trust and getting the contracts and approvals to start gaming is a whole different story. It’s just hard to do that if everyone around you opposes it.”
Many steps will need to be taken for this venue to open. Stay tuned for updates on this proposed property over the next couple of months.
The Push to Legalize Sports Betting in California Continues
In just three years, the US has developed the largest sports betting industry in the world. PASPA’s removal in 2018 opened the door for every state to legalize this form of gambling. Today, half the country has legal sportsbooks up and running.
California is the country’s most populated state. It’s home to several major sports teams and millions of hardcore sports fans hungry for legal sports betting options. Unfortunately, lawmakers have made little progress getting any bills to legalize this industry passed.
Many are hopeful that 2022 is the year things change. Several lawmakers have presented bills to get a decision on legal sports betting on the voting ballots in 2022. Tribal groups have yet to oppose this measure, meaning it may finally gain approval heading into the new year.
Some groups are pushing for online sports betting to become commercially legal. Tribes want to gain a monopoly over this industry. It will take months for any true rules to monitor this industry to surface. It still appears that things are moving forward here and sports fans will likely have regulated sports betting options next year.
California’s entire gambling industry may soon expand. Sports betting is expected to launch here soon and a new casino in Sonoma County may be just around the corner. Stay tuned for updates!
States Report Casino Revenue Reports for the Month of August
The US casino industry seemed to be on the brink of collapse in 2020. Things have completely turned around since that time. Many of the country’s top casino destinations have been reporting consistent revenue increases throughout 2021.
This August proved to be a slower month than some expected. Several states reported drops in their revenue figures this month. Some feel this was due to the spike in Covid-19 cases around the US and subsequent drop in travel.
Maryland is one state to report a very slight revenue drop. The six casinos here brought in a combined $168.5 million in GGR. That represents a decrease from the $180 million earned the month prior.
New Jersey’s casinos managed to win $426.7 million this August. That is a drop from the $450.6 million earned over July. The majority of this revenue was brought in from brick-and-mortar casinos with $262.4 million. We’ll be sure to offer revenue updates for the month of September as they come out.
Are you excited to hear about the new casino in Sonoma County being planned? When do you expect California to legalize sports betting? Let us know in the comments section below.