Under the deal, known as a compact, the tribe is expected to pay $2.5 billion to the state over the first five years. Pari-mutuels that enter contracts with the tribe will market sports betting at their facilities. The new Florida law will allow gamblers anywhere in the state to place sports bets on smartphones or other online devices, with the bets run through servers on Seminole Tribe property. Since then, many states have started allowing betting on sporting events, at least in part as a way to bring in tax dollars. Supreme Court in 2018 struck down a federal law in a New Jersey case. Sports betting was banned in most of the country until the U.S. “They are an important component for the coming launch of sports betting throughout the state of Florida.” “Today’s announcement follows through on the tribe’s commitment to include pari-mutuel marketing partners in Florida sports betting,” Jim Allen, CEO of Seminole Gaming and chairman of Hard Rock International, which is owned by the Seminole Tribe, said in a prepared statement. The tribe, which said it expects to sign agreements with other pari-mutuels, has not announced when sports betting will start.
