The Florida daily fantasy sports contests have seen a piece of legislation die in the Senate, failing to authorize the contests within the state.
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A proposal to authorize and regulate Florida daily fantasy sports contests, which also aimed to prohibit contests that went against the house by Senator Travis Hutson has failed to progress.
The decision was filed by Hutson (Senate Bill 1658) and was aiming to give operators no choice but to reveal prize pools before contests and stop any that were linked to college sport.
This bill would also allow the Florida Gaming Control Commission to oversee fantasy contests for those that are the minimum age of 21.
However, Hutson’s proposal died in the senate, after it failed to be recognised during Florida’s session – which concluded on March 8th 2024.
Florida’s State Fiscal Policy Committee all agreed with Hutson’s proposal during the month of February, earning an 18-0 landslide vote but did not succeed and progress to the next stage.
This means that any bills that focus on legalizing fantasy contests can not be looked at until 2025, proving frustrating for Hutson.
A huge bonus for SB 1658 is the profits that could ave been driven for Florida, as it gave Operators no choice but to pay half a million dollars in application fees – while also adding $250,000 for a renewal.
The proposed bill failed to finalize in the Senate and the debates over fantasy sports within Florida will now continue after some controversy in recent times.
February saw a huge change in Florida, as the sunny state demanded that Betr, Underdog Fantasy and PrizePicks end certain markets for “offering or accepting illegal bets or wagers from Florida residents” and “conducting any illegal lotteries.”
The primary focus was on contests which are defined as pick’em style. These types of bet mirror player proposition within the United States of America.
March 1st was the penned in deadline for PrizePicks, Betr and Underdog Fantasy, but other operators continue to provide fantasy sports contests in Florida despite this issue.
DraftKings and FanDuel are the primary culprits and Senator Joe Gruters issued a complaint to the commission – asking for the difference between these two operators and the three previously mentioned (PrizePicks, Betr and Underdog Fantasy).
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