00:00Okay, so let's get to California here, the state to watch to see if they just hang on to any kind of fun gaming, you know, like Sweet Stakes Gone and Daily Fantasy Gone.
00:09It's a couple of years ago, we're sitting here in the summer of July, all kinds of ads to legalize sports betting, which was the pinnacle of getting closer.
00:17And then everything has gone the other way since.
00:20Yeah, it's a really interesting kind of dichotomy there.
00:22You've got the tribes who want to control just like Oklahoma, and they've done a great job of keeping that monopoly there.
00:28And now this year, you're seeing a lot more.
00:30They do want eventually sports betting, but they want to control it mostly for the future of online casino.
00:36But and now you're seeing them crack down and push the government to say, hey, DFS needs to be like kind of cracked down.
00:43You've seen the attorney general come out and say, nope, those aren't legal.
00:45And now you've seen a lot of those operators go peer to peer.
00:49And here you have the DFS or the online sweepstakes prohibition bill that has now been introduced.
00:54It's passed two committees. Initially, it included something that the word person, which would have meant, you know, celebrities who endorse them like Ryan Seacrest or even potentially players.
01:08Well, in a recent amendment that has passed into that bill, it eliminates person.
01:13So you're looking to say, hey, OK, the celebrity endorsers are probably OK.
01:18Players are protected. This is meant to go after companies largely offshore that are taking and going through loopholes to offer, you know, gambling for more or less or lack of a better term.
01:29And yeah, so here you are. You've already seen some suppliers who are legal operators or legal suppliers and do supply legal operators say, hey, wait, you can't offer these games and do things like that.
01:41So already without it even passing, you're seeing it kind of work in some of the ways it's meant to.