Read The Amendment

Ballot Title: Authorizes sports and event betting; if betting revenues are taxed, taxes must supplement public education.

 

Ballot Summary: Authorizes sports and event betting under Florida law at professional sports venues and pari-mutuel facilities and statewide via online sports betting platforms by entities authorized to conduct online sports betting, and by Native American tribes with a Florida gaming compact, only for persons age 21 years or older. Requires legislative action to regulate sports betting. Legislature may tax betting revenues, and all such taxes are required to supplement the Educational Enhancement Trust Fund.

 

Article and Section Being Created or Amended: Creates new Section 33 to Article X. Sports and Event Betting.

 

 Full Text of the Proposed Amendment:

ARTICLE X MISCELLANEOUS

Section 33. Sports and Event Betting.

(a) This amendment authorizes sports and event betting under Florida law at professional sports venues and pari-mutuel facilities and statewide via online sports betting platforms for participation by persons age 21 years or older. Online sports and event betting may be conducted by entities and organizations that have been authorized to conduct online sports betting in at least 10 states for at least one calendar year, and by Native American tribes with a gaming compact with the State of Florida, and such entities and organizations may begin conducting online sports and event betting no later than 8 months after the effective date of this amendment. No sooner than 20 months after the effective date of this amendment, online sports and event betting may be conducted by other entities and organizations if authorized in accordance with general law. Entities and organizations conducting sports and event betting may use a brand of their choice and shall not be required to engage a market access partner. Persons may register for sports and event betting accounts and make deposits and withdrawals to such accounts remotely online.

(b) As used in this amendment, "sports and event betting" means placing and accepting bets or wagers on any sporting event or portion of a sporting event, or the individual performance or statistics of any athlete or participant in a sporting event, or any combination thereof, by any system or method of betting, including, but not limited to, single-game bets, teaser bets, parlays, over-under moneyline, pools, exchange wagering, in-game wagering, in-play bets, proposition bets and straight bets. "Sports and event betting" as used herein does not include any other casino gambling specifically listed in Section 30(b), does not include any pari-mutuel wagering conducted pursuant to Chapter 550, Florida Statutes (2020), and does not include fantasy sports contests. As used herein, "sporting event" means: a professional, amateur, collegiate, Olympic or international sports or athletic event; a motor race event sanctioned by a motor racing governing entity; and any other competition, contest or event in accordance with implementing legislation or agency rule.

(c) The Legislature shall adopt legislation implementing this section. Such legislation shall authorize agency rules including provisions for licensure and regulation of sports and event betting and provisions for consumer protection and responsible betting. The Legislature may tax online sports and event betting revenues, and all such taxes are required to supplement the Educational Enhancement Trust Fund of the Department of Education.