Feds Approve Sports Betting in Florida....But Not So Fast....

Written by:
Gilbert Horowitz
Published on:

Delivering a major victory to Gov. Ron DeSantis and the Seminole Tribe, President Joe Biden’s administration has allowed to go into effect a 30-year gambling deal that gives the tribe control of

Americas Bookie - Florida Residents Welcome - Signup Bonus (Max Bonus $1500 - Restrictions Apply)

Easier said than done as lawsuits will most certainly stall the process.

Florida lawmakers said that sports betting would not take shape until October the earliest.  The legal challenges appear more geared towards the mobile aspect of any sports betting efforts as remote gambling of any kind would be considered a form of expansion.  A previous referendum requires Florida voters to decide on any such expansion.

Governor Ron DeSantis celebrated the decision.

“The final approval of this historic gaming compact is a big deal for the state of Florida,” DeSantis said in a prepared statement. “This mutually beneficial agreement will grow our economy, expand tourism and recreation and provide billions in new revenue to benefit Floridians.”

- Gilbert Horowitz, Gambling911.com

Gambling News

NY Times Shock Probe Into US Regulated Sports Betting Industry

NY Times Shock Probe Into US Regulated Sports Betting Industry

It's been a difficult last couple of weeks for the U.S. regulated sports betting sector.  In addition to brands shutting down and wagering accounts getting hacked, now the industry finds it must defend itself against a scathing New York Times investigation, all while the Times colleagues continue crawling into bed with said operators.