An operator has to be licensed in at least 10 states to qualify (or be operating in five states and running 12 casinos). It would set the tax rate at 10% and each mobile operator would be required to pay a $100 million licensing fee upfront. The initiative recently collected enough signatures to qualify. sportsbooks like BetMGM, DraftKings and FanDuel succeeds on the November 2022 ballot.

Is online gambling legal in California? Online gambling is illegal in California, but it could be legal as early as 2023 if an online sports betting initiative backed by major U.S. Is Online Sports Betting Legal in California? Bookmark this page for the latest news involving California gambling laws and sports betting sites. the top industry research firm, California sports betting would generate roughly $3 billion in revenue annually if the online measure is approved (it would be $1 billion with retail only sports betting).įor the California residents and visitors who are looking to find the latest news on CA sports betting, we can help. A recent poll found that 59% of California residents support online sports betting.Ĭalifornia would immediately leapfrog New York as the nation's most lucrative regulated market. The online sports betting initiative has targeted Augas a launch date. If both measures receive more than 50% 'yes' votes, the one with the greater amount of votes will prevail. That initiative legalizes sports betting on tribal lands and state-licensed horse racing tracks. Meanwhile, a retail-only sports betting referendum backed by the state's Native American tribes has already qualified for the ballot.

Sports betting is illegal in California, but voters will have two chances to change that as soon as November 2022 now that an online sports betting initiative has qualified for the ballot.Īn initiative backed by DraftKings, BetMGM and FanDuel has generated more than $1.6 million signatures and will appear on the November ballot.

Draftkings sports betting california