WEB3 Feb 2019 10:47
February promises to be a big month here - let's hope California state legalises betting there soon!!
From October 2018 - The CHRB approved WatchandWager’s application at its meeting at the Del Mar Thoroughbred Club on Thursday, 29th November. This approval allows WatchandWager to continue to accept ADW wagers from
California residents on horseracing worldwide. In common with all other operators, the extension is for
three months, pending a full renewal hearing in February 2019, when the Board expects its license to be
renewed to December 2020. CHRB’s unanimous decision reflects WatchandWager’s strong commitment
to Californian racing and its operational of a physical racetrack at Cal Expo.
The California license is important to WatchandWager as the State has the largest population and
possesses the fifth largest economy in the world. In addition to granting WatchandWager access to this
significant market, the license is strategically important for WatchandWager in light of the anticipated
legislation legalizing sports betting in the State. As an existing track operator in California,
WatchandWager is in a strong position to offer sports betting if it is passed into law.