Gambling

Two Democratic legislators said sports betting has increased gambling addiction and other problems.

Gamblers are dumping stocks to bet on sports. A new study by the Social Science Research Network found that for every dollar spent on the recreational activity, net investments in stocks dropped by $2, and betters were investing 14% less in stocks after these apps became legal.

A recent study implies that some Americans are using money from investment accounts to cover their sports bets.

The U.S. Supreme Court on Monday refused to take up a challenge to an agreement that gave the Seminole Tribe exclusive rights to handle online sports betting in Florida, dealing a blow to the deal’s opponents.

With sports betting now legal in the majority of the United States, there's been a huge spike in gambling. It's up 45% from 2022 to 2023. More than $23 billion was bet on this year's Super Bowl alone, but the problem is not everyone is a winner.

Calls to the Florida's gambling addiction hotline have more than doubled since the state began allowing online gambling in late 2023, according to the Florida Council on Compulsive Gambling.

For the first time ever, Floridians will be able to place legal sports bets on the Super Bowl after the state joined 37 others in legalizing sports betting.

The fate of online sports betting in Florida is now in the hands of the Florida Supreme Court. This week, West Flagler Associates filed their final brief with the court now leaving it up to the seven-judge panel to rule on the issue.

On Friday morning, the Seminole Hard Rock Tampa will roll out the red carpet for a star-studded launch of new table games and sports betting. The casino is adding craps and roulette tables, as well as a sportsbook to its gaming line-up.

Mobile sports betting is now available again in the Sunshine State, albeit in a limited fashion.

Get ready to roll the dice, put it all on red or place a wager on your favorite team. Come December, The Seminole Tribe of Florida will begin craps, roulette, and in-person sports betting at all six of its casinos in Florida.

After a federal appeals court ruled against them, two pari-mutuel companies on Tuesday asked the Florida Supreme Court to strike down part of a multibillion-dollar deal that would give the Seminole Tribe control over sports betting throughout the state.

Dealing another victory to the Seminole Tribe of Florida, a federal appeals court has denied a request from pari-mutuel owners for a rehearing after a ruling that upheld a multibillion-dollar deal giving the tribe control over sports betting throughout the state.

In a move that could remake Florida’s gambling landscape, a federal appeals court on Friday overturned a ruling that blocked a deal giving the Seminole Tribe control over sports betting throughout the state.

This weekend's Mega Millions Jackpot wasn't one of the largest in history, but it was a big deal for one ticket-holder who bought the lucky numbers in Florida. 

The Biden administration is urging an appeals court to reinstate a deal that gave the Seminole Tribe control of sports betting throughout Florida.

The Hard Rock Sportsbook app shut down Saturday, more than a month after a federal court ruling deeming the Seminole Tribe's gaming compact with the state illegal. But there are still many questions about what will happen to the money that was made while the app was in operation.

Gambling on sports is off the table in Florida, at least for now, after the Seminole Tribe suspended its online sports-betting operations Saturday morning.

An appeals court rejected the Seminole Tribe's attempt to keep its sports betting app online after a federal judge ruled online betting in the state was not legal.