Gaming Companies Launch Voter Referendum to Introduce Sports Wagering to California

California gaming companies have suggested a voter referendum to introduce sports wagering in the state – online sports wagering – iGB

A number of America’s leading commercial gaming companies have declared a new voter referendum that would introduce legal statewide online sports wagering to California.

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Gaming companies have suggested a voter referendum to introduce sports wagering to California

The referendum, labeled the “California Homeless and Mental Health Support Solutions Act,” would authorize legal online sports wagering, which the proposal asserts will “produce billions in revenue” to combat homelessness and enhance mental health support.

The proposal is supported by seven leading gaming companies: Bally’s, BetMGM, DraftKings, Fanatics, FanDuel, Penn National Gaming and Wynn Interactive.

As the proposal necessitates amending the state constitution, it needs to collect signatures from 8% of the voters who participated in the last gubernatorial election before it can be submitted. For the current election cycle, this number is set at 997,139.

If the required number of signatures is attained, the proposal will appear on the November 2022 ballot.

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By admin

This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

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