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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Virginia on Track to be Fastest State to Reach $1 Billion in Sports Betting

Sports Book Betting

Sports betting in Virginia launched January 21, and Virginians have already wagered $865 million, according to press releases from the Virginia Lottery. In April, Virginians wagered $236.43 million according to a May 28 press release.

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