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Hard Rock Bet launches 21 past-race betting games in Florida

Business

Hard Rock Bet launched games based on historical motor races on its Florida sportsbook app on 28 October. The company describes the wagers as sports betting authorised by the 2021 compact with Florida; as of 30 October, its lobby listed 21 games with a $1 minimum bet. The source says the Florida Gaming Control Commission's view of that interpretation is unclear.

The games raise a regulatory question about how Florida classifies sportsbook products that use past race results and slot-style presentations.

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DraftKings expands prediction-market push in California

DraftKings is promoting its DraftKings Predictions platform in California and pursuing expansion in Georgia, Texas and Florida, according to the report. The article says prediction-market operators argue their products fall under Commodity Futures Trading Commission regulation rather than state gambling laws, a position disputed by some state regulators. It also reports that the debate has divided the gambling industry.

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