DOVER, DE – JUNE 5: Bettors play slot machines at Dover Downs Casino on June 5, 2018 in Dover, Delaware. Delaware is the first state to launch legal sports betting since the Supreme Court decision to lift a 25-year old federal ban. (Photo by Mark Makela/Getty Images)
Florida joined dozens of states that have approved mobile sports betting Wednesday in a gambling deal with the state’s Seminole Tribe.
The State's Seminole Tribe, which owns the Hard Rock hotel and casino brand, has promised a $2.5 billion cut over 30 years to state coffers, according to the News-Press.
But don't get too excited just yet. Federal regulators in the U.S. Department of Interior must approve the bill to ensure its guarantee of $500 million in revenue sharing with the state is fair to the Seminole Tribe and legal for the state.
The deal, known as a gambling compact, has been quite controversial and could face lawsuits by groups opposed to more gambling in the state.
For more information about Florida sports betting, click here.
