Florida Signs New Gambling Deal With Seminole Tribe

Gov. Ron DeSantis announced a historic gaming deal between the state of Florida and the Seminole Tribe. The deal will generate at least $2.5 billion in new revenue for the state over the next five years and an estimated $6 billion by 2030.

"This historic agreement expands economic opportunities, tourism, and recreation, and promotes our state's financial success in one fell swoop for the benefit of both Florida and Seminole," Governor DeSantis said. "Our agreement establishes a framework for generating billions of dollars in new revenue and untold waves of positive economic impact. I would like to thank Florida Seminole Tribe President Marcellus Oceola Jr., Senate President Wilton Simpson, and House Speaker Chris Sprawl for their joint commitment to modernizing Florida's gaming industry and setting the standard for the rest of the country."

"Florida's Seminole Tribe is committed to mutually beneficial gaming agreements with the state of Florida and is looking forward to approval by the Florida Legislature, Seminole Tribe Council and the U.S. Department of the Interior," said Marcellus Oceola Jr., chair of the Florida Seminole Tribe. "The tribe would like to express their sincere gratitude to Governor DeSantis, Senate Speaker Simpson, House Speaker Sproles and many others for their hard work negotiating historic agreements that cement partnerships with the state for decades to come."

"The historic new 30-year gaming compact Governor DeSantis and Seminole Tribe Florida, which went into effect today, restore relations with tribes, preserve Florida's traditional Parisian mutual industry, provide new opportunities, and provide significant new revenue for the state," said Senate President Wilton Simpson. "I am grateful for his leadership in finalizing this compact and look forward to our upcoming special session to address legislation related to the implementation of this monumental agreement and ratify this compact."

"There has been a lot of ambiguity around the agreement with the Florida Seminole Tribe over the years," said House Speaker Chris Sprolls. "Today, we thank Governor Ron DeSantis for bringing it to a conclusion and giving us the opportunity to address this major issue for our state. We also thank President Marcellus Oceola Jr. for his work and Senate President Simpson for his contributions. We look forward to reviewing the agreement in a special session coming up."   동행복권파워볼

Larger and more expansive than any other gaming contract in U.S. history, the deal increases the Seminole Tribe's projected revenue for Florida State from zero revenue to more than $6 billion over the next decade, and guarantees at least $2.5 billion over the first five years.

Most notably, the compact modernizes the gaming industry through sports betting approvals in Florida via Trivi at gaming venues in South Florida and Tampa, including Seminole Hard Rock Hotel & Casino Tampa. The agreement also provides protection for Paris Mutual operations and the opportunity to participate in sports betting offered by Trivi.

By some estimates, sports betting is expected to create more than 2,200 jobs for Floridians.