Our Campaigns - CA Proprosition 27: Legalize Sports Betting and Revenue for Homelessness Prevention Fund Race

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CA Proprosition 27: Legalize Sports Betting and Revenue for Homelessness Prevention Fund

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> United States > California > Propositions > 2022 Referendums > Prop 27: Legalize Sports Betting and Revenue for Homelessness Prevention Fund

Office

Referendum

Honorific

Referendum - Abbr:

Type

Referendum

Filing Deadline

May 01, 2022 - 12:00am Central

Polls Open

November 08, 2022 - 09:00am Central

Polls Close

November 08, 2022 - 10:00pm Central

Term Start

November 09, 2022 - 12:00pm

Term End

December 31, 9999 - 11:55pm

Contributor

Mr. Matt

Last Modified

RBH December 17, 2022 01:19pm

Data Sources

[Link]

Description

Allows Online and Mobile Sports Wagering. Initiative Constitutional Amendment and Statute

Legalizes online and mobile sports wagering, which currently is prohibited, for persons 21 years and older. Such wagering may be offered only by federally recognized Indian tribes and eligible businesses that contract with them. Individuals placing bets must be in California and not located on Indian lands. Imposes 10% tax on sports-wagering revenues and licensing fees. Directs tax and licensing revenues first to regulatory costs, then remainder to: 85% to homelessness programs; 15% to nonparticipating tribes. Specifies licensing, regulatory, consumer-protection, and betting-integrity standards for sports wagering.

[Link]