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Ron DeSantis this year that limited contributions for signature-gathering efforts on ballot initiatives to 3,000 per entity beginning July.
In an attempt to avoid being constrained by the cap on contributions, the gambling interests front loaded their contributions by writing generous checks before the effective date of the law.Related: FanDuel, DraftKings propose Florida ballot initiative to expand sports betting.Now that the powerful gaming entities have political committees with millions of dollars that can be used ahead of the 2022 election, details on how they hope to operate or break into the lucrative gaming market in Florida are coming.The Seminole Tribe is spending money to defend the 30-year gaming compact reached with DeSantis, which is pending approval by federal regulators.
Las Vegas Sands, a behemoth in the global casino industry, is interested in breaking into the Florida market.The owner of Miamis Magic City Casino, West Flagler Associates, wants to be included in discussions that lead to changes in the states gaming industry that impact parimutuel interests.FanDuel and DraftKings each wrote 10 million checks to Florida Education Champions, the political committee behind a 2022 ballot initiative asking voters to authorize online sports betting at all Florida parimutuels, professional sports stadiums, and anywhere else in the.The two international sports betting giants were iced out of a 30-year, 500 million-a-year gaming compact reached by the governor and the Seminole Tribe of Florida and ratified by Florida lawmakers in May.The deal is pending approval from the.S.
