The tribe entered the gaming business in 1971 and brings in roughly $3 billion from it each year. If operators like DraftKings and FanDuel want to run online under the compact, the Seminole Tribe will take a 40% cut. Ron DeSantis in May.Īs part of the deal, the state would receive a cut - estimated to be at least $500 million annually - of the $20 billion the tribe expects to bring in over the lifetime of the deal. The 30-year exclusive compact, which only allows gambling and sports betting on Seminole lands, was signed by Florida Gov.
DraftKings and FanDuel have paid a total of $20 million to block a compact between the state of Florida and the Seminole Tribe in which the latter will have a hold on gambling in the state.
