California residents will have their say in whether mobile sportsbetting should be legal in the Golden State, as a ballot referendum that would legalize the activity will be put up for a vote on November 8th.
Voters will get a yes/no say on whether mobile sportsbetting should be available in the state, and a second initiative will let voters decide whether retail sportsbetting should be allowed at tribal casinos and horseracing tracks. 85% of tax revenues would go to reducing the state's large homelessness problem, while the remaining 15% would go the state's Native American tribes.
Tribal groups and online betting platforms would have to pay a $10 million licensing fee, while "qualified gaming entities" would pay $100 million for a license. Betting would be open to those 21 years of age or older.
The initiative garnered 1.1 million valid signatures to make it onto the ballot.
Casino Listings News is following this story and will update as appropriate.