The state of Florida came one step closer to legalizing sports betting on Friday when Governor Ron DeSantis signed a gaming compact with the Seminole Tribe of Florida.
The complex agreement, which still needs various approvals including from the Florida legislature and U.S. federal government, would not only expand gaming at the Seminole Tribe’s operations around the state, but would allow for mobile and on-site sports betting.
Betting on sports, now legal in 29 states and the District of Columbia, is considered a game-changer in Florida.
Not only could fans bet on their mobile devices, but they could place wagers on site at casinos, race tracks and at professional sports arenas themselves.
Players could not only bet on the outcome of games but on in-game props (the Panthers will score first, the game will go to overtime, over/under goals scored in a period, etc.) as well.
Bets could also be placed on various other sports from international soccer to golf, tennis and auto racing either online or in person.
The pact approves on-site betting operations at arenas which, in South Florida,could include BB&T Center, AmericanAirlines Arena, Marlins Park and Hard Rock Stadium.
The deal, however, is far from being done.
According to a report in the Miami Herald, the agreement between the state and the Tribe — which would add approximately $500 million per year to the state budget — must be ratified by the Florida legislature and approved by the U.S. Department of Interior.
DeSantis and legislative leaders will hold a special session in May to discuss the issue.