Florida lawmakers to discuss Seminole gaming compact

Florida lawmakers will today (Monday) discuss a new 30-year gaming compact between the state and the Seminole Tribe.

US.- The gaming compact agreed between the Florida state government and the Seminole Tribe will hit the legislature today (Monday) as lawmakers discuss whether to aprove it.

In April, Governor Ron DeSantis and the Seminoles reached a 30-year deal that would allow the tribe to offer retail and online sports betting with Florida’s pari-mutuel operators.

The pact will allow gambling operators that work with the tribe to keep 60 per cent of sports betting revenue, while the Seminole Tribe will take 40 per cent.

The tribe will pay the state of Florida 10 per cent of pari-mutuel operators’ net winnings and 13.75 per cent of the tribe’s own sports betting net revenues.

Today, lawmakers will discuss whether to approve the agreement. The outcome of the special session is uncertain as there’s some opposition from business groups and conservatives who object to an expansion of gambling on moral grounds.

The debate is scheduled to last all week, but there’s some optimism that a decision may be reached by Wednesday.