Sports Betting News: Supreme Court Update For Florida; Georgia Developments
The sports betting industry continues to see major advancements in multiple industries. In Florida, the Supreme Court has granted Governor Ron DeSantis an extension related to ongoing sports betting-related court filings. Georgia lawmakers are working with Entain Foundation to discuss potential gambling regulations. Delaware sees sports betting spike in September. We will break down all the recent sports betting news in these markets.
Florida Gains Another Win In The Sports Betting Case
The Florida Supreme Court sided with Gov. DeSantis despite the efforts put forth by West Flagler. DeSantis requested an extension to file a response to the sports betting challenge and will now be able to delay a response until Dec. 1.
“While there is no imminent emergency, due to recent recall and stay of the circuit court of appeals’ mandate by U.S. Supreme Court Chief Justice John Robers issued on Oct. 12, 2023…neither Petitioners nor Respondents nor this Court can know whether or how the U.S. Supreme Court will proceed over the next two months — or even whether the Seminole Tribe will decide to take matters into its own hands and launch its sports betting application state-wide.”
West Flagler protested the request, claiming that there was urgency and a need for a response from the state. These efforts fell short, and the Florida sports betting market gained yet another legal win.
Sports betting in Florida remains in flux. However, the recent court proceedings have been going in Florida’s favor. There may be a return of Florida sportsbooks on the horizon.
Georgia Lawmakers Considering Sports Betting
Many efforts to bring online sportsbooks to Georgia have failed in the past. It appears, however, that lawmakers are beginning to be open to the idea. Lawmakers in the Peach State have met with officials from Entain Foundation U.S. The discussions surrounding sports betting and gambling regulations.
Entain is a non-profit responsible gambling and sports integrity corporation. The company is aiding Georgia, a historically anti-gambling state, in curating regulations for a responsible gambling market.
Despite the 2023 legislative session failing to advance sportsbook regulations, there are still efforts to bring a market. Entain’s efforts would aid Georgia in bringing sports betting, horse racing, and casinos to lawbooks. A target for the 2024 election season is likely, which will bring even more sports betting news.
Delaware Sports Betting Spikes For Football Season
Football season has led to an eight-month high for Delaware sportsbooks in September. The reports show that locals wagered $7,633,258 on sports. This is a 216.7% increase month over month from the $2,400,532 wagered in August.
Compared to last year, however, sports betting activity is down. Sportsbooks took in $8.9 million in September 2022, showing a 14.6% decrease year over year. This has also affected the revenue. Delaware saw $958,547 in revenue and $770,467 in taxes in September.
Comparatively, operators took in $2,785,652 in revenue, and the state saw $2,144,155 in taxes in 2022. Revenue is up 208.9% month over month, however.