Post by Blitz on Apr 28, 2024 5:36:44 GMT -5
Hard Rock Sports Betting Monopoly Could Become Bargaining Chip in iGaming Negotiations
APR 26
www.bonus.com/news/hard-rock-sports-betting-monopoly-bargaining-chip-igaming-negotiations/
It should come as no surprise that the Seminole Tribe of Florida intends to push for online casino gaming in the state once the dust settles in the legal battle over mobile sports betting. The first draft of the sports betting compact included a guarantee that such negotiations would take place within 36 months, though that clause was later removed. Still, the Tribe told Bonus’s sister site PlayUSA at last week’s East Coast Gaming Congress that it hopes to bring the state to the table to discuss iGaming regardless. There’s even some suggestion that it would surrender its sports betting monopoly if necessary to make that happen.
Seminole Gaming CEO Jim Allen told PlayUSA’s Matt Kredell that all they’re waiting for is a favorable final verdict in West Flagler Associates’ attempt to invalidate the current compact. He said:
I think that, No. 1, if the case was resolved in our favor, we would then have to reinitiate conversations with the governor’s office, the House and the Senate. And then that becomes a political process that we would navigate through. Certainly, the polling suggests that the citizens of the state of Florida would like to have it, but you have to go through the process.
West Flagler has all but exhausted its legal options to fight online gambling in Florida. The US Supreme Court hasn’t officially refused to hear its case yet but has indicated that it believes it is one better suited to state court. However, the Supreme Court of Florida recently denied West Flagler’s petition.
Unless the federal justices have a change of heart, any further attempt from West Flagler would need to go back to the drawing board. It’s unlikely the Seminoles will wait for a do-over to work its way through the system before pressing on with their own plans.
Continue Reading: Https://Www.Bonus.Com/News/Hard-Rock-Sports-Betting-Monopoly-Bargaining-Chip-Igaming-Negotiations/
APR 26
www.bonus.com/news/hard-rock-sports-betting-monopoly-bargaining-chip-igaming-negotiations/
It should come as no surprise that the Seminole Tribe of Florida intends to push for online casino gaming in the state once the dust settles in the legal battle over mobile sports betting. The first draft of the sports betting compact included a guarantee that such negotiations would take place within 36 months, though that clause was later removed. Still, the Tribe told Bonus’s sister site PlayUSA at last week’s East Coast Gaming Congress that it hopes to bring the state to the table to discuss iGaming regardless. There’s even some suggestion that it would surrender its sports betting monopoly if necessary to make that happen.
Seminole Gaming CEO Jim Allen told PlayUSA’s Matt Kredell that all they’re waiting for is a favorable final verdict in West Flagler Associates’ attempt to invalidate the current compact. He said:
I think that, No. 1, if the case was resolved in our favor, we would then have to reinitiate conversations with the governor’s office, the House and the Senate. And then that becomes a political process that we would navigate through. Certainly, the polling suggests that the citizens of the state of Florida would like to have it, but you have to go through the process.
West Flagler has all but exhausted its legal options to fight online gambling in Florida. The US Supreme Court hasn’t officially refused to hear its case yet but has indicated that it believes it is one better suited to state court. However, the Supreme Court of Florida recently denied West Flagler’s petition.
Unless the federal justices have a change of heart, any further attempt from West Flagler would need to go back to the drawing board. It’s unlikely the Seminoles will wait for a do-over to work its way through the system before pressing on with their own plans.
Continue Reading: Https://Www.Bonus.Com/News/Hard-Rock-Sports-Betting-Monopoly-Bargaining-Chip-Igaming-Negotiations/