Last updated on December 6th, 2023 at 03:56 pm
Launching a sports betting market in Florida has always been challenging. With so many lawsuits currently in process, it has become so hard to track the efforts to legalize sports betting in the state. What it does, though, is give us an idea on the complexities of sports betting legislation in Florida. It also means that with all of these cases, it will be a while before we see a relaunch of sports betting in the state.
When becoming a bookie, knowing the various betting markets nearby will help you identify a lot of things. Such as product/betting preferences of players, possible customer base, and other information you can use to maximize your sportsbook’s earning potential. For instance, given the chaos on sports betting in the state, neighboring states, plus online sportsbooks with no geographical limits can attract residents from Florida to bet on their sportsbooks.
Sports Betting Legislation in Florida
These sportsbooks will have the advantage for quite some time. Especially since West Flagler Associates are making more effort to prevent wagering from returning to Florida. The most recent effort would be the petition for Writ of Quo Warranto at the Supreme Court of Florida. The petition argues that Governor Ron DeSantis exceeded his authority on the matter. This was when he granted the Tribe the exclusive right to offer (off-reservation) retail and online sports betting in the state.
Aside from this the D.C. Circuit Court of Appeals also has a pending case on the extension on the freezing of Florida sports betting activities. The petition from West Flagler questions DeSantis’ compact with the Seminole Tribe of Florida back in 2021. This is because there is a constitutional amendment from back in 2018 that requires gaming expansion to be put under vote. By signing the compact, DeSantis bypassed this law.
The discussion also includes a lot of details about the plans on offering online sports betting and gaming. Which, of course, would potentially drive up revenue for the market when it happens. According to bookie pay per head service providers, sports betting activity has increased drastically over the past half decade. With such healthy demand for sports betting products, it would be no surprise that different parties with different interests may come into conflict for the chance to get a better share of the market. This is something that we have been seeing in Florida for some time now, and it will likely be years before this is resolved.
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