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It would also create a new division at the state Department of Justice to regulate sports betting. The proposition could generate someplace in the mid-hundreds of millions annually for the state, but probably not much more than $500 million per year, according to estimates by the Legislative Analyst’s Workplace. In California, you can bet on a horse race, buy a lottery ticket, place revenue on poker in a card area and play slots at a tribal casino all in the similar – potentially high priced – day.


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