This story was published more than 1 year ago.
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.
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