A measure seeking to legalize online sports betting backed by three of the nation’s largest online gambling companies has qualified for California’s November ballot, setting up a costly fight with the state’s tribes over control of a market researchers say could be worth billions.
A coalition led by FanDuel Group, DraftKings Inc. and BetMGM said Tuesday it had submitted more than 1.6 million signatures in support of their online gambling measure, well above the roughly one million required to place it before voters this fall.
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