Florida Sports Betting
Mobile/Online Retail Tribal Compact
State Market Snapshot
Authorized Operators
Hard Rock Bet
Market Notes
- Handle and growth: Florida generated approximately $12.7 billion in total sports betting handle for 2025, with strong continued performance into 2026. As a single-operator market, it still ranks among the largest states by volume, driven by population size, NFL/college football, and growing app adoption.
- Market split: Mobile captures ~95% of handle via the exclusive Hard Rock Bet app. Retail accounts for the remaining ~5% at six Seminole Tribe casinos (e.g., Seminole Hard Rock Hollywood, Tampa, and others).
- Hold and tax: Statewide hold has averaged 9–10% recently. Under the long-term compact, the Seminole Tribe pays Florida a guaranteed minimum of ~$500–$600 million annually (part of $2.5 billion over the first five years), with no traditional percentage tax on GGR. Revenue supports state general funds and local governments.
- Regulatory note: Hard Rock Bet remains the only legal sportsbook (retail and mobile) in Florida under the Seminole Tribe’s exclusive compact. Ongoing legal challenges to the monopoly continue but have not disrupted operations. Enforcement against offshore operators is active, and the tribe has explored potential partnerships with major operators, though none have been approved yet.