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OLG will hold a Player’s monies that are deposited with OLG for purposes of funding the notional balance of a Player Account in a bank account or escrow account as trustee for the Player . For the avoidance of doubt, a Player Account is not a bank account and, therefore, is not insured, assured, sponsored or otherwise protected by any deposit or banking insurance method. A Player is solely accountable for ensuring that their Player Account consists of enough funds or their permitted Direct Spend payment card is Funded, as applicable, for a Game .


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However, Judge Ishii mentioned California can nonetheless negotiate the difficulties by supplying “meaningful concessions” to the tribes. A lawyer for the tribes, Lester Marston, said these concessions could include state approvals for off-reservation Indian casinos. A federal judge ruled final week that California is violating tribal sovereignties when renegotiating gaming compacts by demanding compliance with nongaming policies that exceed state jurisdiction. The ruling could lead to future compacts authorizing new Indian gaming casinos on off-reservation lands. An 18-tribe coalition has effectively submitted sufficient qualified voter signatures to add a sports betting referendum to the California election ballot in Nov 2022. The announcement was made last month by the California Secretary of State.

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