Florida Sports Betting Legalized

Industry

It took a special session and an agreement with the Seminole Tribe, but Florida sports betting has finally and officially been passed! It is the single largest expansion of gambling in the state… but don’t get too excited, yet.

Residents of the state may have a bit of a wait before any actual sports wagering takes place. The agreement must also be approved by Federal regulators. The U.S. Department of Interior has just 45 days to review and approve the deal. The Florida House Speaker  added, “Congratulations on an historic compact with the Seminole Tribe…’’.

And the Seminoles really are the winners here. They operate the Hard Rock Casino, and will continue to operate slot machines, blackjack and more at their existing casino, and could also build three new casinos on existing property in Broward County.

This legislation was one of many bills that were introduced For more information on Florida sports betting, please visit the Tampa Bay Times.

Articles You May Like

Brazil Bans Gambling Bonuses and Introduces Stricter Regulations
Evolution Extends Partnership With FanDuel for Live Casino Games
Fanduel network shows an industry bought and paid for by gambling
AGA: Record-Breaking Revenue for U.S. Commercial Gaming in Q3 2024
Wildz Hosts First Counter-Strike 2 Invitational with €25,000 Prize Pool

Leave a Reply

Your email address will not be published. Required fields are marked *