Sports betting set to begin in Florida Oct. 15, changing gambling landscape

Tom Brady and the Tampa Bay Buccaneers take on the Miami Dolphins on Sunday, but when we’re watching the NFL on CBS, we’ll be watching more than just the game.

We’ll see frequent commercials for gambling sites like FanDuel and Draft Kings.

This marks the last Sunday before sports gambling becomes legal on tribal land in Florida.

Sports betting becomes legal on October 15, but the casinos aren’t ready for the gamblers.

The Seminole Casino Hotel in Immokalee has yet to announce a day for taking sports bets. Plus, legal hurdles are mounting, which could push sports betting into 2022.

The Seminole Tribe of Florida has agreed to pay the state at least $500 million per year for 30 years.

 In return, anyone over 21 years of age in Florida can bet on sporting events online or on an app.

Poker rooms are hoping to get in on the action and are fighting to work out a deal.

Those businesses claim that tribes have a monopoly on gambling.

 A hearing is scheduled for November 5.

Author: David Dorsey, Gulfshore Business
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