Online sports wagering. [Ballot]

Oct 20, 2021 - The California Lottery currently oversees the sale of various lottery games at about 23,000 retail stores across the state. The California Lottery is regulated by the Lottery Comm ission. Cardrooms. Currently, 86 cardrooms in 32 counties operate certain card games (such as poker and pai-gow).
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

Gaming. [Ballot]

Dec 18, 2023 - Currently, the following major gaming activities are authorized in California: California Lottery. The California Lottery currently oversees the sale of various lottery games at about 23,000 retail stores across the state.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030

Tribal gaming. [Ballot]

Dec 27, 2021 - Currently, the following major ga ming activities are authorized in California: California Lottery. The California Lottery currently oversees the sale of various lottery games at about 23,000 retail stores across the state.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

California gaming activities. [Ballot]

Oct 1, 2021 - Currently, the following major gaming activities are authorized in California: California Lottery. The California Lottery currently oversees the sale of various lottery games at about 23,000 retail stores across the state.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-009

Sports wagering. [Ballot]

Dec 18, 2023 - These include tribal gambling in casinos, the state lottery, cardrooms that operate certain card games, and horse racing wagering.   Tribal-State Compacts. Native American tribes possess special status under federal law.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-031

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - As shown in Figure  1 , many signs of an overly exuberant stock market are present today: measures of whether stocks are “expensive ” are at historically high levels, investors are borrowing more to buy stocks, and households are more invested in the stock market than they have been in at least 70  years.
https://lao.ca.gov/Publications/Report/5091

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The result was a deeper and more protracted revenue decline than the state experienced during the broader financial crisis and related recession. This dynamic may be especially notable today. The current run-up in stock prices is similarly concentrated in Silicon Valley technology companies, raising the risk of an outsized revenue loss if that market corrects sharply.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The result was a deeper and more protracted revenue decline than the state experienced during the broader financial crisis and related recession. This dynamic may be especially notable today. The current run-up in stock prices is similarly concentrated in Silicon Valley technology companies, raising the risk of an outsized revenue loss if that market corrects sharply.
https://lao.ca.gov/LAOEconTax/article/Detail/852

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - One potential interpretation is that the state is making high risk-high reward bets on businesses. While many of these bets do not pan out, the ones that do can be successful enough to yield overall benefits for the state.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - California State Lottery Revenues. State law requires a portion of revenues from the State Lottery to be allocated annually among schools, community colleges, and other public and higher education systems.
https://lao.ca.gov/Publications/Report/5100