Art & Culture Business & Economy Miami News

Seminole Tribe to roll the dice on long awaited sports betting in Florida casinos in 2023

Seminole Tribe's game-changing move to introduce sports betting sparks excitement in Florida's gambling scene

Florida's gaming landscape is set for a thrilling transformation as the Seminole Tribe prepares to introduce sports betting in their casinos starting December. After years of legal struggle, in 2021 a landmark deal was made with the state that legalized online sports betting and included craps and roulette, making for an exciting development. Despite ongoing legal hurdles, the Seminole Tribe is pushing forward with live sports betting at its six Florida venues, ushering in an exciting new era for the gambling industry.

In an exciting development, the Seminole Tribe has announced plans to introduce sports betting in Florida casinos next month, signaling a major transformation in the state's gaming industry.

A new era in Florida gaming

After a protracted legal battle spanning over two years, the Seminole Tribe is all set to embrace sports betting in their casinos. Legislators and the Supreme Court of the United States gave their blessing to the 2021 accord signed by Seminole Tribe of Florida Chairman Marcellus Osceola Jr. and Governor Ron DeSantis on October 25. The Seminoles may now offer statewide internet sports betting and add craps and roulette to their casinos according to a new deal.

Although there is now a case before the Florida Supreme Court questioning the legality of statewide internet sports betting, the Seminole Tribe is pushing on with live sports betting for their six Florida locations. The Supreme Court of the United States's decision not to prohibit the 2021 accord marked a major turning point.

The Seminole Hard Rock and Seminole Tribe have announced that they would be hosting star-studded parties next month to mark the beginning of "A New Era in Florida Gaming" On December 7, the three South Florida casinos owned by the tribe will begin offering craps, sports betting, and roulette. Starting on December 8 is the Seminole Hard Rock Hotel & Casino Tampa, and on December 11 are the Seminole Tribe's casinos in Immokalee and Brighton.

The inclusion of these games at the Seminoles' casinos is anticipated by CEO of Seminole Gaming and chairman of Hard Rock International, Jim Allen, to generate over a thousand new employment and revitalize the state's economy. Governor Ron DeSantis highlights the initiative's good impact on creating jobs, attracting tourists, and increasing tax revenue.

The hub-and-spoke plan of sports betting

While the compact's "hub-and-spoke" strategy would keep sports betting within the tribe's facilities at first, it will eventually allow betters to place online sports wagers across Florida, with all wagers being processed by servers located on tribal land. This new strategy was developed with the intention of giving gamblers across the country a full-featured betting environment.

The pact allows the Seminoles to build three casinos on tribe land in Broward County and introduces roulette, sports betting, and craps, creating a win-win situation for both parties. The tribe has agreed to pay the state at least $2.5 billion during the first 5years of the thirty year agreement, with the possibility of billions more.

This development not only marks a historic moment for Florida's gaming industry but also reinforces the Seminole Tribe's prominence in the state's gaming scene. Stay updated with this thrilling development and all the latest news from Florida by subscribing to Calle Ocho News. For small businesses in Miami searching for advertising opportunities, consult Calle Ocho News for expert advertising services that can help your brand shine in the Sunshine State.

Stay up to date with the latest news from Miami

Add Comment

Click here to post a comment