Legal online and retail sports betting targeted in new Florida bill

| By Robert Fletcher
Florida’s House of Representatives is to consider a new bill that seeks to legalize online and retail sports wagering in the US state.

Introduced by Republican Representative Chip LaMarca, House Bill 1317 sets out proposals to allow Floridian consumers to wager on professional and collegiate sports.

Licenses would be made available to pari-mutuel facilities already approved by Florida’s Division of Pari-Mutuel Wagering of the Department of Business and Professional Regulation, as well as existing tribal organization casino properties and professional sports venues.

The bill does not state how much these licenses would cost, nor how much tax licensees would be required to pay, but it does propose that sports betting licenses be renewed on annual basis.

The Division of Pari-Mutuel Wagering of the Department of Business and Professional Regulation would be responsible for awarding licenses.

Read the full story on iGB North America.

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