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Seminole Gaming Compact Signed, But Faces Hurdles | NewsRadio WIOD - Vimarsana News

Seminole Gaming Compact Signed, But Faces Hurdles | NewsRadio WIOD

By Erica Rodriguez The Governor and Seminole Tribe Chairman have signed a new gambling compact. The deal could bring the state at least $2.5-billion over the next five years and sports betting to the state. With just a week to go in the Florida legislative session, the House Speaker has announced he and the Senate President have agreed to hold a special session the week of May 17th. They'll use the time to ratify the gaming compact. But attorney and gambling expert Daniel Wallach believes the deal could be dead even before the first wager is made. It must get the approval of the U.S. Departm...

Source: iheart.com
Has time run out for Legislature to make a gambling deal? - Vimarsana News

Has time run out for Legislature to make a gambling deal?

Updated 1 hour ago For weeks, negotiators for the Seminole Tribe of Florida and Gov. Ron DeSantis worked on an agreement for a gaming compact. Then, late Monday, the governor made what was likely a final offer: Florida would become the largest state in the nation to legalize sports betting, and the Tribe would control it. The Tribe would not stand in the way if legislators were to allow Miami Beach to become home to a controversial new casino. And the Seminole Tribe would give the state hundreds of millions of dollars in annual payments. It was an ambitious proposal designed to capitalize on...

New York online sports betting hopefuls wait as budget deadline nears - Vimarsana News

New York online sports betting hopefuls wait as budget deadline nears

New York online sports betting remains in a holding pattern weeks before a crucial deadline that could determine when — or if — the nation’s would-be largest market legalizes mobile wagering.

Attorney: DOJ 'has no motivation' to appeal circuit court's reject of Wire Act opinion - Vimarsana News

Attorney: DOJ 'has no motivation' to appeal circuit court's reject of Wire Act opinion

In the two years since the U.S. Department of Justice revised its 2011 opinion on the Federal Wire Act in an effort to halt the expansion of online casino gaming, the activity has grown from three states to five with Michigan becoming the sixth state on Friday. On Wednesday, the First Circuit Court of Appeals validated that evolution. The court, in a 49-page opinion, sided with a lower court ruling and the New Hampshire State Lottery arguments that the antiquated 1961 law applies only to interstate sports betting. Gaming law experts said the ruling marked the second time a federal circuit cour...

Industry - News: Court Rejects DOJ's View Of Federal Wire Act - Vimarsana News

Industry - News: Court Rejects DOJ's View Of Federal Wire Act

Industry - News: A Federal Circuit Court rejected the Justice Department’s 2019 decision to revise the Federal Wire Act, agreeing with a lower court in New Hampshire