California - A recent bill signed by Gov. Jerry Brown could put major league sports in a posiiton to tbe able to conduct charitable gambling.
THE Bill that was recently signed by Gov. Brown allows professionals sporting teams the exclusive rights to conduct charitable gambling, as they will be able to sell raffle tickets known as 50-50.
Raffles such as these are becoming quite popular nationwide, however, they are banned under te Laws in California who places a cap on charity raffle prizes. Half of the proceeds are paid to winners as prize money and the other half goes to charities chosen by the teams.
Some of the non-profit charity organizations oppose the bill, they say it give the franchise owners an unfair exemption which others do not have.