WatchandWager renews its licence in California
The operator will continue to accept pari-mutuel bets from residents until 2022.
US.- WatchandWager has renewed its licence with the California Horse Racing Board (CHRB) and will continue to offer horse racing in the state until 2022.
The two-year licence renewal means the operator can continue to accept online pari-mutuel bets from residents in the state at the Cal Expo racetrack.
It also means WatchandWager may have the opportunity to offer sports betting in the US’s most populous state if new regulation passes.
Aside from California, WatchandWager has also renewed or is renewing, licences in Colorado, Kentucky, Minnesota, New York, North Dakota, and Washington.
Company president Ed Comins said: “We are pleased to receive this key license renewal from the California Horse Racing Board for WatchandWager.
“We believe that the tax, revenue, and jobs generated from this license will have an important benefit to the state of California, especially in light of the economic difficulties caused by the California wildfires and the Covid-19 virus.
“With this important license and our physical presence at Cal Expo in Sacramento, we believe that the passage of legalized sports betting will result in even more new jobs, duties, and tax revenue to the state.
“WatchandWager stands ready to be an active partner in supporting not only the state’s racing and gaming industry, but also supporting the recovery of the state as a whole.”
Back in August, The Michigan Gaming Control Board (MGCB) paved the way for Churchill Downs Incorporated to offer online advance-deposit wagering on horse racing.