Florida expands gambling, joins ranks of sports betting states. But hurdles remain
Source: The Miami Herald
Florida joined the dozens of states that have authorized mobile sports betting Wednesday as legislators wrapped up their special session and ratified an agreement with the Seminole Tribe in the broadest expansion of gambling in a decade in Florida.
But dont expect to start wagering on your favorite sports teams for a while.
Federal regulators must approve the deal, which expands the gambling monopoly in Florida for the Seminole Tribe, to make sure its guarantee of $500 million in revenue sharing with the state is fair to the Seminole Tribe and legal for the state.
Congratulations on an historic compact with the Seminole Tribe of Florida, said Rep. Chris Sprowls, R-Palm Harbor, at the conclusion of the vote, adding that the complex proposal was a difficult one to navigate.
Read more: https://www.miamiherald.com/news/politics-government/state-politics/article251528698.html