DraftKings and FanDuel Back Amendment to Allow Sports Betting in Florida

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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Lobbyist Secures More Gambling Revenue for Florida City His Daughter Represents

Lauren Book

Two of Florida’s Senate Democrats found themselves in a tiff this week during the legislature’s special session wherein an expanded gambling compact with the Seminole Tribe is expected to be approved. 

The city of Davie, represented by Senate Democrat Leader Lauren Book, will benefit from extra gambling revenue fees from Seminole Hard Rock Hotel and Casino. Those revenue fees were diverted to Davie from the city of Hollywood, where the casino is located. Revenue sharing from the new compact is one of the many questions being ironed out during the special session. 

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