Fantasy sports passes Florida Senate

Business News

Lawmakers are once again working to assure the 3-million Floridians who play fantasy sports with friends that they’re not breaking the law.

A measure from Tampa Republican Senator Dana Young would clarify that playing fantasy sports does not constitute gambling. The Seminole Tribe of Florida has raised concerns about the legislation violating the tribe’s gambling exclusivity agreement with the state. But Young says she’s not worried.

“There is a federal law the regulates online or internet gambling that specifically excludes fantasy sports because they are skill based games and it states in that law that they are skill based games,” Young says.

Furthermore, Young says if fantasy sports were somehow found to be gambling that wouldn’t have an impact on the state’s revenue.

“It’s matching my ability to look at statistics and the abilities of specific players and put together a strong team,” Young said.

Senator Jeff Brandes says he trusts Young will be able to work out the NEW the legislation.”These things evolve during session, so I look forward to seeing how it all plays out,” Brandes said.If the tribe pulls out of the compact, it would cost the state more than $200 million a year. The bill doesn’t allow for betting on high school and college sports.