It’s a near certainty that Californians will get to vote next year on legalizing sports betting in the Golden State, which could be worth anywhere from $1.2 billion to $2.5 billion in annual gaming revenues, depending on which market study you’re reading. However, the omission of mobile sports betting from the ballot referendum proposed Wednesday by a coalition of 18 California Indian tribes is causing concern among some gaming industry observers. “The proposal is far from perfect but represents a huge step forward,” said SunTrust Bank gaming analyst Barry Jonas. “At the same time, the exclusion of mobile likely limits the size of the California market and the impact to the illegal betting market.”
Read more: Howard Stutz, CDC Gaming Reports