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SGLA urges Florida to legalise sweepstakes casinos, citing $70m annual revenue

Regulation

The Social Gaming Leadership Alliance is advocating for Florida to legalise and regulate sweepstakes casinos, citing an economic-impact report prepared for the group by Eilers & Krejcik Gaming. The report estimates the state could collect more than $70 million a year through licence fees and a 6% tax on player purchases. Florida’s constitutional rules and the Seminole compact are cited as barriers to the proposal.

Any move to regulate sweepstakes casinos in Florida would affect operators’ licensing and tax exposure, but faces legal barriers.

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Regulation

Florida House committee advances bill targeting sweepstakes casinos

Florida’s House Commerce Committee advanced HB189 by 19 votes to five, with two abstentions, sending it to a full House vote. The bill would prohibit specified forms of online gambling, including sweepstakes casinos, and set penalties for users and operators; the report says the measure would retain the Seminole Tribe’s gaming compact and exclude daily fantasy sports contests from its definition of internet sports wagering.

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