The new deal involving both live and mobile sports betting considerably sweetens the pot for both sides. The long dispute over the pari-mutuel-connected poker rooms also offering the player-banked games served as the basis for the Seminoles to stop making the payments called for under their earlier tribal compact, which amounted to $350 million annually in 2018. Under the terms of the deal announced on Friday, the Seminole Tribe will also drop its existing claims against the state’s pari-mutuel facilities - meaning the state’s race tracks, jai alai frontons, and other betting facilities - over some player-banked games such as pai gao and baccarat being offered at those facilities’ poker rooms. Florida’s Seminole Tribe agrees to a 30-year gambling compact with the state that includes sports betting and expanded gambling on games such as baccarat and craps. The new compact, signed on Friday, is designed to bring legalized sports betting to Florida while also resolving previous differences between the state and the tribe that caused the Seminoles to halt their revenue-sharing payments to the state for the past two years. How Much Money Can You Make Playing Poker?įlorida Governor Ron DeSantis and the Seminole Tribe of Florida have signed an expansive revision to the tribe’s gambling compact that will run for 30 years and which could generate billions in dollars in revenue for the state.
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