Florida Sports Betting Initiative Fails to Qualify for 2022 Ballot

Sports Book Betting

Two ballot measures in Florida concerning sports betting (sponsored by Florida Education Champions) and additional casinos (sponsored by Florida Voters in Charge) failed to qualify for the 2022 ballot. Each initiative needed 891,589 signatures to be validated by county elections officials by Feb. 1. Florida also has a signature distribution requirement, which requires that signatures equaling at least 8% of the district-wide vote in the last presidential election be collected from at least half (14) of the state’s 27 congressional districts.

Florida Education Champions’ measure was designed to authorize sports betting at sports venues, pari-mutuel facilities, and online in Florida. The Florida State Legislature would have needed to pass legislation to implement the constitutional amendment to provide for licensing, regulation, consumer protection, and taxation. Under the amendment, all online sports betting tax revenue would have been required to be dedicated to the Educational Enhancement Trust Fund of the Department of Education.

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Florida Sports Betting Initiative Fails to Qualify for 2022 Ballot

Sports Book Betting

Two ballot measures in Florida concerning sports betting (sponsored by Florida Education Champions) and additional casinos (sponsored by Florida Voters in Charge) failed to qualify for the 2022 ballot. Each initiative needed 891,589 signatures to be validated by county elections officials by Feb. 1. Florida also has a signature distribution requirement, which requires that signatures equaling at least 8% of the district-wide vote in the last presidential election be collected from at least half (14) of the state’s 27 congressional districts.

Florida Education Champions’ measure was designed to authorize sports betting at sports venues, pari-mutuel facilities, and online in Florida. The Florida State Legislature would have needed to pass legislation to implement the constitutional amendment to provide for licensing, regulation, consumer protection, and taxation. Under the amendment, all online sports betting tax revenue would have been required to be dedicated to the Educational Enhancement Trust Fund of the Department of Education.

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Sports Betting Ballot Initiative Misses Deadline

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

A proposed ballot initiative seeking to become a Florida Constitutional amendment backed by sports betting giants DraftKings and FanDuel fell short of a petition gathering deadline. The ballot measure is now dead in the water after receiving only 502,903 verified petitions. Constitutional ballot measures require 891,589 verified petitions by February 1 to move forward in Florida’s constitutional process.

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Governor DeSantis, Seminole Tribe Celebrate Approval of Gaming Compact

Governor DeSantis and the Seminole Tribe of Florida celebrated the approval of the historic Seminole Gaming Compact Friday after a 45-day review of the agreement was completed by the U.S. Department of Interior. 

The compact, the state’s largest gambling agreement in history, was ratified in May, and will look to generate a “minimum of $2.5 billion in new revenue to the state over the next five years and an estimated $6 billion through 2030,” according to a press release from the Governor’s Office. 

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