Florida’s sweeping gambling reform initiative, House Bill 1467, is progressing through the state legislature, even as it encounters strong resistance from veterans’ groups, horse racing interests, and the amusement industry. Introduced by Republican Representatives John Snyder and Adam Anderson, the bill proposes a series of changes to the state’s gambling laws, including stricter enforcement against illegal gaming, restrictions on former regulators, and the contentious inclusion of racetrack decoupling. A major goal of the legislation is to expand the authority of both the Florida Gaming Control Commission (FGCC) and law enforcement to pursue illegal gambling operations more effectively. Should HB 1467 pass, the offense of operating an illegal gambling house would be elevated from a misdemeanor to a third-degree felony for first-time violators, with increasing penalties for repeat infractions. The proposal also takes aim at unethical sports betting practices. Specifically, it would introduce criminal penalties for individuals who place bets using insider knowledge. While the bill strictly prohibits insider betting, it draws… Read More

Category: News 

Source: Casino News Daily