Prop 27, What To Know About Online California Sports Betting Proposal

Prop 27 is one of the two ways voters can legalize sports betting in California on this November’s ballot. Prop 26 would legalize only retail sports bets at tribal casinos and horse tracks.

Californians can legalize online sports betting by voting yes on Prop 27 on the Nov. 8 ballots. The proposal is backed by seven online Sportsbook companies. Most of California's gaming tribes oppose the proposal and are backing Prop 26 for retail-only betting.

Californians can legalize online sports betting by voting yes on Prop 27 on the Nov. 8 ballots. The proposal is backed by seven online Sportsbook companies. Most of California's gaming tribes oppose the online proposal and are backing Prop 26 for retail-only betting.

Prop 27 is a proposal to legalize online sports betting throughout California for qualified operators and tribal casinos. In exchange for offering sports bets, operators would pay 10% of net revenue into two funds. The great majority of the money would go to help homelessness in California.

There are seven organizations listed on the Yes on 27 website. The proposal has support from various community leaders.

There are seven main backers of Prop 27. They are all US sportsbook operators except for Fanatics, which has yet to launch.

Prop 27 allows betting on games involving California colleges and allows for betting in a competitive event. Online licenses will be available to certain commercial operators and tribal operators. It costs $100 million for a five-year commercial license with a $10 million renewal fee. Tribal licenses run $ 10 million and a 1 million.

California voters will vote on Prop 27 on November 8th. All-mail voting system sends a ballot to every registered voter weeks before the election.

Proposition 27 would legalize online sports betting in California by August 29, 2023.