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title: Hard Rock Chairman Open to Partnerships in Florida Sports Betting Market
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Welcome to Extreme Investor Network, where we provide you with exclusive insights and analysis on the latest business news and trends. Today, we’re diving into the exciting developments in Florida’s sports betting market, particularly with Hard Rock’s chairman showing openness to partnerships with commercial sportsbooks.
In a recent interview at the Global Gaming Expo in Las Vegas, Hard Rock International Chairman and Seminole Gaming CEO Jim Allen expressed interest in potentially collaborating with well-known sportsbook brands like FanDuel and DraftKings. This news comes after Hard Rock secured the exclusive tribal gaming compact in the state, edging out competitors like Flutter-owned FanDuel, DraftKings, and Penn Entertainment.
The potential partnership between Hard Rock and prominent sportsbook operators could reshape the landscape of Florida’s sports betting industry. With a population larger than New York state, which leads in sports betting revenue, Florida presents a lucrative market for operators looking to expand their reach.
FanDuel CEO Amy Howe hinted at the company’s interest in entering the Florida market, highlighting the state as one of the three key “super states” alongside California and New York. While FanDuel and DraftKings have yet to comment on the possibility of collaborating with Hard Rock, the future of sports betting in Florida holds immense potential.
Last December, Seminole Hard Rock launched sports betting and expanded casino table games across six Seminole Casinos in Florida, marking a significant milestone in the state’s gaming industry. With Allen refraining from disclosing specific revenue figures due to the tribe’s sovereign status, the future of sports gaming in Florida remains a topic of intrigue and anticipation.
As a leading source of business news and analysis, Extreme Investor Network will continue to provide you with exclusive updates and insights on the evolving landscape of the sports betting market in Florida. Stay tuned for more exciting developments and opportunities in the world of investment and finance.