Tag: DraftKings

Commentary: Legalized Sports Betting Has Transformed the Fan Experience

Admin

A couple of days before Christmas, I went to see the NHL’s Nashville Predators play on their home ice against the defending Stanley Cup champion Colorado Avalanche.

Amid all the silliness of a modern pro sports experience – the home team skating out of a giant saber-toothed tiger head, the mistletoe kiss cam, a small rock band playing seasonal hits between periods – there was a steady stream of advertising for DraftKings, a company known as a sportsbook that takes bets on athletic events and pays out winnings.

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All Bets Are Off on Mobile Sports Wagering Being Legal in Florida on October 15

The Center Square

Under the Florida-Seminole Tribe gaming compact signed by Gov. Ron DeSantis and approved by lawmakers in May, mobile online sports wagering becomes officially legal in the Sunshine State on Oct. 15.

But after two Florida pari-mutuels filed a motion in federal court late Tuesday to block the sports wagering component of the 30-year gaming deal from being implemented, don’t bet on it.

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DraftKings and FanDuel Put Millions on Florida Constitutional Amendment

Grant Holcomb
The sports betting areas inside the casinos are like trading floors.

Draft Kings and FanDuel have each contributed $10 million to the Florida Educational Champions political committee who are funding a ballot initiative which would legalize sports betting in Florida.

The chairman of the political committee, David Johnson, took time to thank the sports betting companies for their contributions to the committee.

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DraftKings and FanDuel Back Amendment to Allow Sports Betting in Florida

Steve Stewart

Two of the largest companies in the daily fantasy sports industry, DraftKings and FanDuel, are backing a political committee’s efforts to legalize sports betting. The political committee, Florida Education Champions, is proposing an amendment that will allow sports betting at professional sports venues, pari-mutual facilities and through online platforms. The amendment would also raise money for education.

The amendment, as detailed on the Division of Elections website, states that if betting revenues are taxed, the monies would be required to go to the state Educational Enhancement Trust Fund.

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